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Closed

26 River Street, Danvers MA 01923

$865,000

Estimated $2,140.88/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $432,500

Total Rent: 0/year

Estimated CAP Rate: -1.02%

6 Bedrooms

3 Full Baths

3,796 SqFt

Total Parking: 6

10,327 SqFt

Spacious, well-maintained two-family on a quiet sidewalk-lined street ideally located in the heart of the Danversport neighborhood. The home sits diagonally across from John L. George Park, and just a short distance to Sandy Beach and Pope's Landing Marina. The property consists of 2 large units (each having 3 bedrooms). Unit 2 has bonus square footage in the attached finished barn space. The barn space has a pellet stove insert to a chimney and a separate full bath. Most rooms are oversized and each unit has an abundance of storage space. Many quality updates have been performed including electrical, structural, heating systems, hot water heaters, and kitchen appliances. The upstairs unit has a generous mudroom on the 1st floor and a quaint balcony. An oversize wooden deck leads towards a level, partially fenced-in, backyard. This is a fantastic income property with plenty of off-street parking for each unit and additional ample storage space in the basement. Shown by appointment only

This home has been viewed 38 times

Last Checked: May 7th, 2024 at 9:06am (Source: MLS PIN #73120201)

Gross Income: $0

Gross Expenses: $8,859

Net Income Calc: $8,859

CAP Rate: -1.02%

Beach Front

Beach Access

Annual Expenses for 26 River Street, Danvers MA 01923

Total Gross Expenses (Calculated)$8,859/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$8,859.50

Annual Income & Unit Breakdown for 26 River Street, Danvers MA 01923

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingYes

Rent Includes

General Information for 26 River Street, Danvers MA 01923

Listing ID73120201

Property TypeMulti Family

Price$865,000 ($227.87/SqFt)

StyleMulti Family

CityDanvers

CountyEssex

MLS Area

Neighborhood(s)Ipswich

Approximate Living Area Total3,796 SqFt

Approximate Lot Size (Acres)0.24 acres

Total Parking6

Garage Parking

Year Built1870

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningR1

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront FeaturesOcean, Walk To, Beach Front, 1/10 To 3/10 To Beach, Beach Ownership(public), Beach Access

Energy Features

Terms

Disclosures for 26 River Street, Danvers MA 01923

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureFinished barn space is attached to 2nd Unit. Attic

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$0

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 26 River Street, Danvers MA 01923

Real Estate Taxes$8,859.50

Tax Year2023

Assessed Value$754,000

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$0

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-1.02%

Location Information for 26 River Street, Danvers MA 01923

Elementary School

Middle School

High School

Neighborhood(s)Ipswich

MLS Area

Area AmenitiesHighway Access, Shopping, Public Transportation, Marina

Contact Information for 26 River Street, Danvers MA 01923

Agent

Name: Julia Virden

Office

Name: J. Barrett & Company

Phone: 978-526-8555

Payment Calculator

, Interest

Property Taxes 738.29

Principal & Interest 5329.85

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

J. Barrett & Company

Julia Virden

Agent Phone

Office Phone

(978) 526-8555

Text Agent Call Agent Call Office

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                    [url] => https://media.mlspin.com/photo.aspx?mls=73120201&w=1024&h=768&n=20
                    [index] => 20
                    [enabled] => 1
                    [created] => 2024-05-07 09:06:11
                    [modified] => 2024-05-07 09:06:11
                )

[20] => Array
                (
                    [id] => 7756257
                    [name] => MLS21.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73120201&w=1024&h=768&n=21
                    [index] => 21
                    [enabled] => 1
                    [created] => 2024-05-07 09:06:11
                    [modified] => 2024-05-07 09:06:11
                )

[21] => Array
                (
                    [id] => 7756258
                    [name] => MLS22.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73120201&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2024-05-07 09:06:11
                    [modified] => 2024-05-07 09:06:11
                )

[22] => Array
                (
                    [id] => 7756259
                    [name] => MLS23.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73120201&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2024-05-07 09:06:11
                    [modified] => 2024-05-07 09:06:11
                )

[23] => Array
                (
                    [id] => 7756260
                    [name] => MLS24.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73120201&w=1024&h=768&n=24
                    [index] => 24
                    [enabled] => 1
                    [created] => 2024-05-07 09:06:11
                    [modified] => 2024-05-07 09:06:11
                )

[24] => Array
                (
                    [id] => 7756261
                    [name] => MLS25.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73120201&w=1024&h=768&n=25
                    [index] => 25
                    [enabled] => 1
                    [created] => 2024-05-07 09:06:11
                    [modified] => 2024-05-07 09:06:11
                )

[25] => Array
                (
                    [id] => 7756262
                    [name] => MLS26.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73120201&w=1024&h=768&n=26
                    [index] => 26
                    [enabled] => 1
                    [created] => 2024-05-07 09:06:11
                    [modified] => 2024-05-07 09:06:11
                )

[26] => Array
                (
                    [id] => 7756263
                    [name] => MLS27.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73120201&w=1024&h=768&n=27
                    [index] => 27
                    [enabled] => 1
                    [created] => 2024-05-07 09:06:11
                    [modified] => 2024-05-07 09:06:11
                )

[27] => Array
                (
                    [id] => 7756264
                    [name] => MLS28.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73120201&w=1024&h=768&n=28
                    [index] => 28
                    [enabled] => 1
                    [created] => 2024-05-07 09:06:11
                    [modified] => 2024-05-07 09:06:11
                )

)

)

EXIT