15 Cottage Avenue, Danvers MA 01923

Danvers, MA 01923 • Danvers Center
$650,000
Est. $3,460/month
4
Beds
2
Baths
1,992
Sq Ft
$326
Price/Sq Ft
0.11
Acres
1920
Year Built
Multi Family
Type
23
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73253523

About this home

Attention investors, developers and general contractors! Amazing opportunity to own and restore an income producing 2 family property in the heart of downtown Danvers. Property is in close proximity to schools, shops and highways. This is a 4 bedroom / 2 bathroom, 2 family with a driveway & 4 car garage that has electrical, plumbing, and heat. House is fit with 3 working fireplaces and a farmers porch. Property is vacant and is being sold as-is. Buyer and buyers agent to do their own due diligence regarding renovations.

Sale Statistics

Sale Overview
Original List Price: $599,000
Final Sale Price: $650,000
Difference: +$51,000 (+8.5%)
Performance Metrics
108.5%
List to Sale Ratio
Sold above asking price
23
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $301
Sale $/sq ft: $326
This property sold for $326 per square foot
Sale Summary

This property sold for 8.5% above the original asking price, indicating strong buyer demand.

With only 23 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Multi Family
Property Category
Residential Income
Year Built
1920
Bedrooms
4
Full Bathrooms
2
Living Area
1,992 sq ft
Total Rooms
12
Stories
3
Levels
3

Interior Features

Has Fireplace
Yes
Number of Fireplaces
3
Basement Details
Unfinished

Exterior & Structure

Foundation
Concrete Perimeter
Patio/Porch Features
Porch
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.11 acres
Lot Size
4,652 sq ft
Lot Size Area
0.1100
Road Frontage Type
Public

Parking & Garage

Garage Spaces
4
Has Garage
Yes
Total Non-Garage Parking Spaces
8
Parking Features
Paved Drive, Off Street, Paved
Covered Parking Spaces
4

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,848
Tax Year
2024
Tax Assessed Value
$616,400
Parcel Number
1877873
Zoning
RES

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Property is vacant and is being sold as-is with all personal property that remains. Buyer and buyers agent are to do their due diligence. Realtor is a relative of the seller.

Location

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Neighborhood

Danvers Center

15 Cottage Avenue, Danvers MA 01923

Danvers, MA 01923

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $571
Homeowners Insurance $200
PMI $0

Property History

Market Insights

7.8%
Price Range
11
Total Days on Market

Property Timeline

Sold
Aug 1, 2024
$650,000
Property sold
Days on Market: 11
🏠
Listed for Sale
Jun 18, 2024
$599,000
Original listing
Agent: Realty Boston Team Office: Century 21 Cityside

Price & Status History

Date Event Price Change
Jun 18, 2024 New Listing Added $599,000

Market Statistics

Days on Market
23 days
Price per Sq Ft
$326

Tax History

Year Taxes Assessment
2024 $6,848 $616,400

Financial Details

Annual Property Tax
$6,848
Tax Year 2024
Assessed Value
$616,400

Listing Information

Listing Agent Realty Boston Team
Listing Office Century 21 Cityside
Agent MLS ID TM347486
Office MLS ID BB6400

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