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130 Centre St, Danvers MA 01923 – 17 bed 15 bath For Sale – 73334410

$ 5,100,000
130 Centre St, Danvers MA 01923,

Overview

  • Updated On:
  • February 20, 2025
  • listingid
  • 73334410
  • 17 Bedrooms
  • 14.5 Bathrooms
  • 0 Garage Spaces
  • 99 Non-Garage Parking Spaces
  • 1820

Description

Wadsworth Village consists of seven (7) buildings and contains a total of forty-nine (49) units, comprised of thirty-seven (37), office units, one (1), 2-Bedroom/1.5-Bathroom unit, four (4) 2-Bedroom/1-Bathroom units, six (6) 1-Bedroom/1Bathroom units and one (1), Studio unit. The Property features 29,708 square feet of gross leasable area in 40,070 square feet of total gross area on a large 2.65-acre parcel with plentiful on-site parking. The Property has been well-maintained by current ownership, and most of the buildings have had capital investment improvements since acquisition. Many of the residential units feature modern upgrades including hardwood floors, granite countertops, and in-unit laundry. Wadsworth Village offers the opportunity to acquire a well-maintained investment property with significant upside in a desirable North Shore location. The subject property is ideal for a potential buyer looking for incredible value-add potential and strong investment returns.

Property Listing Details

Overview

MLS Status
Price $ 5,100,000
Living Area 29,708.00 ft2
Bedrooms 17
Total Rooms 99
Listing MLS ID 73334410
Days on Market 9
Bathrooms 14.5

Unit Information

Bedrooms 17
Full Bathrooms 14
Half Bathrooms 1
Cooling
Heating
Uncovered Parking 99
Garage Parking 0
Water View
Unit Level
Common Walls
Laundry Features
Lead Paint Unknown
Outdoor Space Available
Living Area Includes Basement Unfinished
Patio And Porch Features
Parking Features Off Street
Waterview Features
Flooring

Building Information

Building Name
Units in Building 49
Pets Allowed
Association Amenities
Pool Features
Waterfront Features
Association Fee Includes
Construction Materials
Year Built 1820
Security Features
Sewer Public Sewer
Spa Features
Structure Type
Water Source Public
Basement Unfinished
Roof Shingle,Slate

Additional Details

Community Features Public Transportation,Shopping,Pool,Tennis Court(s),Park,Walk/Jog Trails,Golf,Medical Facility,Laundromat,Highway Access,House of Worship,Private School,Public School,University
Disclosures This investment opportunity is also listed as a Commercial Listing (MLS ID: 73334277). Total Monthly Rent is $54,662. The maximum input allowed by MLS is $32,767
Last Updated 2025-02-20T17:12:00.000Z
Building Area Source Public Records
MLS PIN Page
Parcel Number 1877125
Original List Price 5100000
Listing Office horvath & tremblay
Tax Annual Amount 55005
Tax Assessed Value 3569900
Tax Book Number 39576
Tax Year 25
Year Built Details Approximate
Year Built Source Public Records
Zoning VD
Listing Agent dennis kelleher

Property Address

Address: 130 Centre St, Danvers MA 01923
City:
State/County:
Zip: 01923
Country: US

Payment Calculator

$ 29,221.66
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 24,461.66

Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

What's Nearby

Food

The Modern Butcher
(1.7 miles)The Modern Butcher
Hungry Nomads
(3.51 miles)Hungry Nomads
Crack'd Kitchen & Coffee
(1.49 miles)Crack'd Kitchen & Coffee
Clean Eatz - Danvers
(0.68 miles)Clean Eatz - Danvers
Dumpling Garden - Danvers
(1.89 miles)Dumpling Garden - Danvers

Health & Medical

Health Matters with Jeanne
(2.26 miles)Health Matters with Jeanne
Cherry Street Health Group
(1.63 miles)Cherry Street Health Group
Nourish Health With Food For Life
(1.45 miles)Nourish Health With Food For Life
Danvers Family Doctors, PC
(1.63 miles)Danvers Family Doctors, PC
Aberdeen Home Care
(1.65 miles)Aberdeen Home Care

Shopping

Northshore Mall
(2.22 miles)Northshore Mall
MarketStreet Lynnfield
(4.84 miles)MarketStreet Lynnfield
Roost & Company
(4.77 miles)Roost & Company
The Coven's Cottage
(4.97 miles)The Coven's Cottage
The Perfectly Imperfect Gift Shoppe
(5.11 miles)The Perfectly Imperfect Gift Shoppe

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130 Centre 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

130 Centre St, Danvers MA 01923 – 17 bed 15 bath For Sale – 73334410

$ 5,100,000

Status:

130 Centre St, Danvers MA 01923, , , 01923

Country: US

Property Overview

MLS #: 73334410

Type: /

Action:

Year Built: 1820 (Approximate, Source: Public Records, Effective: )

Living Area: 29,708.00 ft2 (Total: 29708 Square Feet, Source: Public Records)

Lot Size: 2.65 ft2 (Area: 2.65 Acres, SqFt: 115434)

Total Rooms: 99

Condition:

Availability:

Building Name:

Interior Features

Bedrooms: 17 (Main Level: )

Bathrooms: Total: 14.5 (Full: 14, Half: 1, Decimal: 14.5, Main Level: )

Basement: Unfinished

Fireplaces: 0 ()

Flooring:

Laundry:

Window Features:

Door Features:

Accessibility:

Entry: Level , Location:

Other Equipment:

Construction & Design

Style:

Materials:

Foundation: Other (Area: )

Roof: Shingle,Slate

Stories: 3 (3)

Common Walls:

Body Type:

Utilities & Green Features

Heating:

Cooling:

Water Source: Public

Sewer: Public Sewer ()

Utilities:

Electric: (Expense: )

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: 99

Parking Features: Off Street

Pool:

Spa:

Patio/Porch:

Fencing:

Lot Features: Other

View: (, Waterview Y/N: )

Waterfront:

Road Frontage: ()

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,Pool,Tennis Court(s),Park,Walk/Jog Trails,Golf,Medical Facility,Laundromat,Highway Access,House of Worship,Private School,Public School,University

Association Fee: ()

Fee Includes:

Association Amenities:

Pets Allowed:

Schools: E: , M: , H:

Zoning: VD ()

MLS Area: Major: , Minor:

Management:

Optional Fee: (Includes: )

Property Description

Wadsworth Village consists of seven (7) buildings and contains a total of forty-nine (49) units, comprised of thirty-seven (37), office units, one (1), 2-Bedroom/1.5-Bathroom unit, four (4) 2-Bedroom/1-Bathroom units, six (6) 1-Bedroom/1Bathroom units and one (1), Studio unit. The Property features 29,708 square feet of gross leasable area in 40,070 square feet of total gross area on a large 2.65-acre parcel with plentiful on-site parking. The Property has been well-maintained by current ownership, and most of the buildings have had capital investment improvements since acquisition. Many of the residential units feature modern upgrades including hardwood floors, granite countertops, and in-unit laundry. Wadsworth Village offers the opportunity to acquire a well-maintained investment property with significant upside in a desirable North Shore location. The subject property is ideal for a potential buyer looking for incredible value-add potential and strong investment returns.

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: 49

Units Owner Occupied:

Unit 1: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 2275, Lease: Y

Unit 2: Beds: 2, Full Baths: 1, Half Baths: 1, Levels: 1, Rent: 2475, Lease: Y

Unit 3: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Unit 4: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Complex Complete:

Unit Building:

Financial & Lease Information

Tax Annual Amount: 55005 (Year: 25)

Tax Assessed Value: 3569900

Tax Block/Lot/Book/Map: / / 39576 /

Parcel Number: 1877125

Special Licenses:

Current Financing:

Gross Income: 658643 (Scheduled: )

Net Operating Income: 351175

Operating Expense: 307468 (Water/Sewer: , Insurance: )

Financial Data Source:

APOD Available: Yes

Tenant Pays:

Rent Includes: Unit 1(Water),Unit 2(Heat,Water,Hot Water)

Total Actual Rent: 32767

Lease Term: (Existing Type: )

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

Insurance Required:

References Required:

Listing & Agent Information

Listing Agent: (MLS ID: CN212671) / Team: CN227795

Listing Office: (MLS ID: AN2723)

Agent (Property): 57

Buyer Agent MLS ID:

Buyer Office MLS ID:

Listing Agreement: Exclusive Right To Sell

Listing Contract Date: 2025-02-11

Expiration Date: 1900-01-01

Original List Price: 5100000

Price Per SqFt (List): 171.67

Market Time (Property): 9 (Broker: 9, Prev Broker: 0, Prev Property: 0)

MLS Status: Under Agreement

Possession:

Directions: Please Use GPS

Disclosures: This investment opportunity is also listed as a Commercial Listing (MLS ID: 73334277). Total Monthly Rent is $54,662. The maximum input allowed by MLS is $32,767, 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:

Listing Alert: No

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

Master Book/Page: / (Page: 107)

Sale Information (if applicable)

Close Date:

Close Price:

Price Per SqFt (Sold):

Anticipated Sold Date: 2025-05-12T04:00:00.000Z

Concessions Amount:

Purchase Contract Date: 2025-02-20

Sold vs Rent:

System Information

Property ID: 1750021

Modification Timestamp: 2025-02-20T17:12:00.000Z

Bridge Modification Timestamp: 2025-02-20T17:18:28.707Z

Original Entry Timestamp: 2025-02-11T23:12:00.000Z

Status Change Timestamp: 2025-02-20T17:12:00.000Z

Off Market Date: 2025-02-20

Development Status:

Business Type:

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