Driftwood Realty
Chris Medeiros, Driftwood RealtyPhone: (774) 263-2128
Email: [email protected]

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listing
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MultifamilyFor Sale
$2,050,000
7 Bridge St
Danvers, MA 01923
Courtesy of The Mega Group - Brian DApice
MLS Property Information Network
6Beds
4Full2Half Baths
6,277Sq Ft
Est. Mortgage
$10,682/mo

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.

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Information courtesy of The Mega Group is subject to verification and is not guaranteed.
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