Sought after mix-use 6 unit investment property. This property features five residential units and 1 retail unit. The apartments consist of five (5) 1 bedroom units. The property has ample parking (10+) spots. Ideally located, find yourself just minutes from downtown Danvers, and routes 128 and 95.
Sold for $1,275,000
$1,275,000
20 Water St, Danvers, MA 01923
5beds
5,066sqft
5+ Family - 5+ Units Up/Down
Built in 1905
-- sqft lot
$1,517,300 Zestimate®
$252/sqft
$4,072 Estimated rent
Home value
$1,517,300
$1.29M - $1.82M
$4,072/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: December 20, 2023 at 09:31am
Listed by:
Herrick Lutts Realty Partners 978-927-1959,
Herrick Lutts Realty Partners 978-927-1959,
Nicholas Zolotas 978-968-0308
Bought with:
Christopher Blasczak
Liberty Residential Realty, LLC
Source: MLS PIN,MLS#: 73163915
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Features
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 5,066
- Total interior livable area: 5,066 sqft
Property
Parking
- Total spaces: 10
- Parking features: Paved Drive, Off Street
- Uncovered spaces: 10
Lot
- Size: 9,700 sqft
- Features: Corner Lot
Details
- Parcel number: M:059 L:131 P:,1881282
- Zoning: R1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1905
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Laundromat, Highway Access, House of Worship, Marina, Public School
Location
- Region: Danvers
HOA & financial
Other financial information
- Total actual rent: 10160
Price history
| Date | Event | Price |
|---|---|---|
| 12/19/2023 | Sold | $1,275,000+2%$252/sqft |
Source: MLS PIN #73163915 Report a problem | ||
| 11/7/2023 | Contingent | $1,250,000$247/sqft |
Source: MLS PIN #73163915 Report a problem | ||
| 10/25/2023 | Price change | $1,250,000-10.7%$247/sqft |
Source: MLS PIN #73163915 Report a problem | ||
| 9/27/2023 | Listed for sale | $1,400,000$276/sqft |
Source: MLS PIN #73163915 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $1,163,700 +38.2% |
| 2024 | -- | $841,800 +5.7% |
| 2023 | -- | $796,200 |
Find assessor info on the county website
Neighborhood: 01923
Nearby schools
GreatSchools rating
- 6/10Riverside Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 3/10Holten Richmond Middle SchoolGrades: 6-8Distance: 1 mi
- 5/10Danvers High SchoolGrades: 9-12Distance: 2 mi
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Estimated market value
$1,517,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,517,300
- Massachusetts
- Essex County
- Danvers
- 01923
- 20 Water St