Your search results

7 & 7 1/2 Bridge St, Danvers MA 01923 – 6 bed 4 bath For Sale – 73332202

$ 1,750,000
7 & 7 1/2 Bridge St, Danvers MA 01923, ,

Overview

  • Updated On:
  • March 17, 2025
  • listingid
  • 73332202
  • 6 Bedrooms
  • 4 Bathrooms
  • 0 Garage Spaces
  • 18 Non-Garage Parking Spaces
  • 1900

Description

Prime investment opportunity! This well-maintained four-unit multifamily property, plus a detached commercial space, offers strong rental potential on one lot. The multifamily includes a studio and 1-bed/1-bath unit on the first floor, a 2-bed/1-bath unit on the second floor, and another 2-bed/1-bath unit on the third floor. In-building coin-op laundry for added tenant convenience. The detached commercial space features a built-out upper level and finished basement, kitchen, and three half-baths—ideal for various business uses. Ample parking with 18 spaces. Convenient access to downtown Beverly, Danvers, Rt 128, and more. A rare chance to diversify your portfolio with both residential and commercial income streams!

This property is listed by The Pizzo Group from Aluxety

Property Listing Details

Overview

MLS Status
Price $ 1,750,000
Living Area 2,744.00 ft2
Bedrooms 6
Total Rooms 13
Listing MLS ID 73332202
Days on Market 41
Bathrooms 4

Unit Information

Bedrooms 6
Full Bathrooms 4
Half Bathrooms 0
Cooling None
Heating Baseboard,Natural Gas,Electric
Uncovered Parking 18
Garage Parking 0
Water View No
Unit Level
Common Walls
Laundry Features Electric Dryer Hookup,Washer Hookup
Lead Paint Unknown
Outdoor Space Available
Living Area Includes Basement Concrete
Patio And Porch Features Porch
Parking Features Paved Drive,Off Street,Paved
Waterview Features
Flooring Laminate,Hardwood

Building Information

Building Name
Units in Building 4
Pets Allowed
Association Amenities
Pool Features
Waterfront Features Beach Front,Harbor,Ocean,1 to 2 Mile To Beach,Beach Ownership(Public)
Association Fee Includes
Construction Materials Frame
Year Built 1900
Security Features
Sewer Public Sewer
Spa Features
Structure Type
Water Source Public
Basement Concrete
Roof Shingle

Additional Details

Community Features Public Transportation,Shopping,Tennis Court(s),Park,Walk/Jog Trails,Golf,Medical Facility,Laundromat,Bike Path,Conservation Area,Highway Access,House of Worship,Marina,Public School,T-Station
Disclosures
Last Updated 2025-03-17T13:10:00.000Z
Building Area Source Public Records
MLS PIN Page
Parcel Number
Original List Price 1750000
Listing Office aluxety
Tax Annual Amount 16409.16
Tax Assessed Value 1038300
Tax Book Number 17645
Tax Year 2025
Year Built Details Approximate
Year Built Source Public Records
Zoning R2
Listing Agent the pizzo group

Property Address

Address: 7 & 7 1/2 Bridge St, Danvers MA 01923
City:
State/County:
Zip: 01923
Country: US

Amenities and Features

Other Features
Bathroom with Shower Stall
Dishwasher
Dryer
Has Heating System
Kitchen
Laundry Room
Living RM/Dining RM Combo
Living Room
Open Parking
Rain Gutters
Range
Refrigerator
Washer

Payment Calculator

$ 10,027.04
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 8,393.71

Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

What's Nearby

There are no results found for this property address.

Contact Me

Schedule a showing?
You can reply to private messages from "Inbox" page in your user account.

Similar Listings

Residential Income
Pending

21 Locust St, Danvers MA 01923 – 6 bed...

$ 899,000
OPEN HOUSE CANCELED OFFER ACCEPTED Prime location! 3-family property is in the heart of Da ...
6 3 3,522.00 ft2details
Residential Income
Active

47 Lawrence St, Danvers MA 01923 – 3 b...

$ 714,900
Nestled on a quiet, tree-lined street, this two-family offers the best of suburban living ...
3 2 1,716.00 ft2details
Residential Income
Active

145 Maple St, Danvers MA 01923 – 6 bed...

$ 849,000
Desirable Danvers Two-Family for sale at 145 Maple St! Fully renovated in 2020, this "Up a ...
6 3 2,285.00 ft2details

7 & 7 1/2 Bridge St, Danvers MA 01923 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

Property Details

7 & 7 1/2 Bridge St, Danvers MA 01923 – 6 bed 4 bath For Sale – 73332202

$ 1,750,000

Status:

7 & 7 1/2 Bridge St, Danvers MA 01923, , , 01923

Country: US

Property Overview

MLS #: 73332202

Type: /

Action:

Year Built: 1900 (Approximate, Source: Public Records, Effective: )

Living Area: 2,744.00 ft2 (Total: 2744 Square Feet, Source: Public Records)

Lot Size: 0.31 ft2 (Area: 0.31 Acres, SqFt: 13460)

Total Rooms: 13

Condition:

Availability:

Building Name:

Interior Features

Bedrooms: 6 (Main Level: )

Bathrooms: Total: 4 (Full: 4, Half: 0, Decimal: 4, Main Level: )

Basement: Concrete

Fireplaces: 0 ()

Flooring: Laminate,Hardwood

Laundry: Electric Dryer Hookup,Washer Hookup

Window Features:

Door Features:

Accessibility:

Entry: Level , Location:

Other Equipment:

Construction & Design

Style:

Materials: Frame

Foundation: Stone,Brick/Mortar (Area: )

Roof: Shingle

Stories: 7 (7)

Common Walls:

Body Type:

Utilities & Green Features

Heating: Baseboard,Natural Gas,Electric

Cooling: None

Water Source: Public

Sewer: Public Sewer ()

Utilities: for Electric Range,for Electric Oven,for Electric Dryer,Washer Hookup

Electric: (Expense: 3840)

Gas:

Energy Certificate:

Green Energy Efficient:

Green Energy Generation:

Green Indoor Air Quality:

Green Water Conservation:

Insulation:

Exterior & Lot Features

Garage Spaces: 0

Covered Spaces: 0

Parking Total: 18

Parking Features: Paved Drive,Off Street,Paved

Pool:

Spa:

Patio/Porch: Porch

Fencing:

Lot Features: Level

View: (, Waterview Y/N: No)

Waterfront: Beach Front,Harbor,Ocean,1 to 2 Mile To Beach,Beach Ownership(Public)

Road Frontage: Public ()

Road Surface:

Road Responsibility:

Other Structures:

Horse Amenities:

Wooded Area:

Pasture Area:

Cultivated Area:

Additional Parcels: (Number: )

Outdoor Space:

Community & Association

Community Features: Public Transportation,Shopping,Tennis Court(s),Park,Walk/Jog Trails,Golf,Medical Facility,Laundromat,Bike Path,Conservation Area,Highway Access,House of Worship,Marina,Public School,T-Station

Association Fee: ()

Fee Includes:

Association Amenities:

Pets Allowed:

Schools: E: Riverside, M: Holten Richmond, H: Danvers

Zoning: R2 ()

MLS Area: Major: , Minor:

Management:

Optional Fee: (Includes: )

Property Description

Prime investment opportunity! This well-maintained four-unit multifamily property, plus a detached commercial space, offers strong rental potential on one lot. The multifamily includes a studio and 1-bed/1-bath unit on the first floor, a 2-bed/1-bath unit on the second floor, and another 2-bed/1-bath unit on the third floor. In-building coin-op laundry for added tenant convenience. The detached commercial space features a built-out upper level and finished basement, kitchen, and three half-baths—ideal for various business uses. Ample parking with 18 spaces. Convenient access to downtown Beverly, Danvers, Rt 128, and more. A rare chance to diversify your portfolio with both residential and commercial income streams!

Room Details

Living Room (): x ( sqft) - Features:

Dining Room (): x ( sqft) - Features:

Kitchen (): x ( sqft) - Features:

Master Bedroom (): x ( sqft) - Features:

Master Bathroom: Features:

Laundry Dimensions:

Multi-Unit Information (if applicable)

Total Units: 4

Units Owner Occupied:

Unit 1: Beds: 1, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1800, Lease: Y

Unit 2: Beds: 1, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1350, Lease: Y

Unit 3: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1910, Lease: Y

Unit 4: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1735, Lease: Y

Complex Complete:

Unit Building:

Financial & Lease Information

Tax Annual Amount: 16409.16 (Year: 2025)

Tax Assessed Value: 1038300

Tax Block/Lot/Book/Map: / 51 / 17645 / 60

Parcel Number:

Special Licenses:

Current Financing:

Gross Income: 129540 (Scheduled: 1800)

Net Operating Income: 97732

Operating Expense: 31808 (Water/Sewer: 900, Insurance: )

Financial Data Source: Owner

APOD Available: Yes

Tenant Pays:

Rent Includes: Unit 1(Water),Unit 2(Water),Unit 3(Water),Unit 4(Water)

Total Actual Rent: 10795

Lease Term: (Existing Type: )

Deposit Required: (Security: , First Month: , Last Month: )

Insurance Required:

References Required:

Listing & Agent Information

Listing Agent: The Pizzo Group (MLS ID: TM319354) / Team: CT002322

Listing Office: Aluxety (MLS ID: AN8387)

Agent (Property): 57

Buyer Agent MLS ID:

Buyer Office MLS ID:

Listing Agreement: Exclusive Right To Sell

Listing Contract Date: 2025-02-04

Expiration Date: 1900-01-01

Original List Price: 1750000

Price Per SqFt (List): 637.76

Market Time (Property): 41 (Broker: 41, Prev Broker: 0, Prev Property: 0)

MLS Status: Under Agreement

Possession:

Directions: On the corner of Elliott St & Bridge St (directly across from gas station)

Disclosures: , N

Lead Paint: Unknown

Title 5:

Exclusions:

Contingency:

Special Listing Conditions:

Lender Owned:

Short Sale Lender Approval Required:

Home Warranty Y/N:

Documents Available: (Count: )

Showings Deferral Date:

Open House Flag: 1

Listing Alert: No

Square Feet Disclosures: (Incl. Base: No, Other: )

Master Book/Page: / (Page: 277)

Sale Information (if applicable)

Close Date:

Close Price:

Price Per SqFt (Sold):

Anticipated Sold Date: 2025-04-17T04:00:00.000Z

Concessions Amount:

Purchase Contract Date: 2025-03-17

Sold vs Rent:

System Information

Property ID: 1742375

Modification Timestamp: 2025-03-17T13:10:00.000Z

Bridge Modification Timestamp: 2025-03-17T13:12:20.723Z

Original Entry Timestamp: 2025-02-04T19:11:00.000Z

Status Change Timestamp: 2025-03-17T13:10:00.000Z

Off Market Date: 2025-03-17

Development Status:

Business Type:

Actions & Sharing

Download PDF View on Our Site add to favorites

Page Views: 50

Compare Listings

Steven Novak