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You are here:
33 Days on Boston Pads
24 Photos
$2,050,000
Type: Mixed Use
Lease Type N/A
6277 Bldg. SQFT
6 Restroom
Parking: N/A
7 Bridge St
Danvers, MA 01923

Property Description

7 Bridge Street Danvers is situated just off Route 62 at the Ryal Side split and is a mixed-use property containing two (2) buildings with sixteen (16) off-street parking spaces. #7 Bridge is a three-story multi-family property containing four (4) apartments and #7.5 Bridge is a 3,442 +/- square foot commercial building which was the property owners place of business for over 20 years. This is a quintessential value-add investment opportunity or owner occupant situation with additional rental income in place. The property is zoned R2 (Residential) with a Finding to allow commercial uses in the 7.5 Bridge building that the town hall may approve. All five units have separate electric and natural gas, where applicable, and hot water is included in with all four apartments rent. Commercial unit could be delivered vacant or tenanted, we have a user that wants to sign a 5/5 NNN lease. See website for full investment details including full unit descriptions and rent roll.

Property Overview

Property Details click or tap to expand

Property Information

  • Type: Mixed Use
  • Location: Other (See Remarks)
  • MLS ID#: 73271046

Building Information

  • Total SQFT: 6277
  • Total Restrooms: 6

Construction & Utilities

  • Utilities: Public Sewer, Public Water

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
08/03/2024Active$2,050,000$327MLSPIN
08/03/2024Active$2,050,000$327MLSPIN
07/30/2024New$2,050,000$327MLSPIN
07/30/2024New$2,050,000$327MLSPIN

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Seller's Representative: Brian DApice, The Mega Group

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MLS PIN data last updated at 2024-08-03 03:05:00