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7 & 7 1/2 Bridge St

Danvers, MA 01923

6 beds
4 baths
2,744 sqft
13,460 sqft lot
$637 per sqft
1900 build
– on site

Prime investment opportunity! This well-maintained four-unit multifamily property, plus a detached commercial space, offers strong rental potential on one lot. The multifamily includes a studio and 1-bed/1-bath unit on the first floor, a 2-bed/1-bath unit on the second floor, and another 2-bed/1-bath unit on the third floor. In-building coin-op laundry for added tenant convenience. The detached commercial space features a built-out upper level and finished basement, kitchen, and three half-baths—ideal for various business uses. Ample parking with 18 spaces. Convenient access to downtown Beverly, Danvers, Rt 128, and more. A rare chance to diversify your portfolio with both residential and commercial income streams!

Listing courtesy of MLSPIN / The Pizzo Group / Aluxety

Last checked: Checking… • Last updated Feb 21, 2025 •

MLS# 73332202 —

The Building

Year Built:

1900
Year Built Details:

Approximate
Year Built Source:

Public Records
Construction Materials:

Frame
Roof:

Shingle
Basement:

Concrete
Foundation Details:

Stone
Exterior Features:

Rain Gutters
Patio And Porch Features:

Porch
Levels:

7
Stories Total:

7
# of Units Total:

4
Building Area Total:

2744
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Rooms Total:

13
Interior Features:

Laundry Room
Flooring:

Laminate
Fireplace:

false
Laundry Features:

Electric Dryer Hookup

Room Dimensions

Living Area:

2744

Location

Directions:

On the corner of Elliott St & Bridge St (directly across from gas station)
Latitude:

42.557569
Longitude:

-70.909562

The Property

Property Type:

Residential Income
Property Subtype:

4 Family - 4 Units Up/Down
Lot Features:

Level
Lot Size Units:

Acres
Lot Size Area:

0.31
Lot Size SqFt:

13460
Lot Size Acres:

0.31
Zoning:

R2
Waterview:

No
Waterfront:

false
Waterfront Features:

Beach Front
Farm Land Area Units:

Square Feet
Road Frontage Type:

Public

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Lot:

51
Tax Map Number:

60
Tax Book Number:

17645
Tax Annual Amount:

16409.16
Tax Assessed Value:

1038300

Beds

Bedrooms Total:

6

Baths

Total Baths:

4
Total Baths:

4
Full Baths:

4

The Listing

Home Warranty:

false

Heating & Cooling

Heating:

Baseboard
Heating:

true
Cooling:

None
Cooling:

false

Utilities

Utilities:

for Electric Range
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Washer

Schools

Elementary School:

Riverside
Middle Or Junior School:

Holten Richmond
High School:

Danvers

The Community

Senior Community:

false
Community Features:

Public Transportation
Spa:

false

Parking

Garage:

false
Parking Total:

18
Parking Features:

Paved Drive
Open Parking:

true

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
2/4/25 Feb 4, 2025	Listed / Active	MLSPIN	$1,750,000

Multifamily For Sale

$1,750,000

Listing provided by broker:

The Pizzo Group

Aluxety

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This multifamily located in Danvers, MA 01923 is currently for sale for $1,750,000. 7 & 7 1/2 Bridge St is a 2,744 square foot multifamily with 6 beds and 4 baths that has been on Estately for 18 days. This multifamily is in the attendance area of Danvers High School.

Listing Courtesy of: MLSPIN and Aluxety.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.