Opportunity to own a very unique property consisting of 2 parcels on the Danvers/Middleton line. 1 parcel has residential zoning and the other parcel has been rezoned to highway corridor zoning. Upon review of the Danvers Zoning Bylaw use table, there are many different allowable uses together with the three grandfathered residential units. The site is the entrance into Danvers abutted by 62, Route 1, and 95. Danvers is willing to work with the new owner on a project better suited for the entrance into its magnificent community. Being sold as a package deal.
This home has been viewed 55 times
Last Checked: May 7th, 2024 at 12:10am (Source: MLS PIN #72985778)
Gross Income: $45,000
Gross Expenses: $5,488
Net Income Calc: $39,512
Water Views
Annual Expenses for 469-471 Maple St, Danvers MA 01923
Total Gross Expenses (Calculated)$5,488/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax5488
Annual Income & Unit Breakdown for 469-471 Maple St, Danvers MA 01923
Total Gross Income (Calculated)$45,000
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms1
Bathrooms1 Full
Rent Includes
General Information for 469-471 Maple St, Danvers MA 01923
Listing ID72985778
Property TypeMulti Family / 3 Family
Price649000 ($291.82/SqFt)
Style3 Family
CityDanvers
CountyEssex
Neighborhood(s)Ipswich
Approximate Living Area Total2224
Approximate Lot Size (Acres)0.59
Total Parking6
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningHC
Water ViewsNo
Water Views Features
Waterfront Features
Terms
Disclosures for 469-471 Maple St, Danvers MA 01923
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsFireplace Mantel In Living Room Is Excluded.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation1
Compensation Based OnNet Sale Price
Financial Information for 469-471 Maple St, Danvers MA 01923
Real Estate Taxes5488
Tax Year2022
Assessed Value$433,500
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 469-471 Maple St, Danvers MA 01923
Neighborhood(s)Ipswich
Area AmenitiesWalk/jog Trails
Contact Information for 469-471 Maple St, Danvers MA 01923