NOT LISTED FOR SALE

145 Sylvan St Danvers, MA 01923

6 Beds
5 Baths
4,575 Sq Ft
0.72 Acres

Last Sold November 30, 2023

Last sale price $1,400,000 $306 Per Sq Ft

7 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Corner Lot
  • 0.72 Acre Lot
  • Wood Flooring
  • Shops

About This Home

As of November 2023

Opportunity to own this meticulously maintained five (5) unit investment property in Danvers. This property features four (4) one bedroom apartments and one (1) two bedroom apartment. Ideally located near toues 114 & 128. Plenty of parking, two separate parking areas with 11+ parking spots. Shared coin-op laundry in basement. Minutes from downtown, both the North Shore and Liberty Tree Malls, shops and restaurants.

Last Agent to Sell the Property

Herrick Lutts Realty Partners

Herrick Lutts Realty Partners Listed on: 10/02/2023

Co-Listed By

Nick Zolotas

Herrick Lutts Realty Partners

Last Buyer's Agent

Herrick Lutts Realty Partners

Herrick Lutts Realty Partners Listed on: 10/02/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,627

Year Built

  • Built in 1850

Lot Details

  • 0.72 Acre Lot
  • Corner Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,575 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Parking

  • 11 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Total Actual Rent $8,350
  • Assessor Parcel Number M:062 L:164 P:,1881770

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Building Details

  • Net Operating Income $100,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,627

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1850
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 9

Interior Features

  • Flooring: Tile,Hardwood
  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Full, Unfinished
  • Living Area: 4575
  • Spa YN: No
  • Stories Total: 9
  • MAIN LO: AN6507
  • LIST PRICE PER Sq Ft: 306.01
  • PRICE PER Sq Ft: 306.01
  • MAIN SO: AN6507

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 11

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:062 L:164 P:,1881770
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.72
  • Lot Size Area: 0.72
  • Lot Size Sq Ft: 31395
  • Lot Size Units: Acres
  • PAGE: 213
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10627
  • Tax Book Number: 15285

Multi Family

  • Gross Income: 100200
  • Net Operating Income: 100200
  • Number Of Units Total: 5
  • Total Actual Rent: 8350
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 1

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $1,400,000 0.0% $306 / Sq Ft
10/10/2023 10/10/23 Pending -- -- --
10/02/2023 10/02/23 For Sale $1,400,000 -- $306 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Nick Zolotas

    Seller Co-Listing Agent in 2023

    Nick Zolotas

    Herrick Lutts Realty Partners

    (978) 969-3427

    11 in this area

    38 Total Sales

    Nick Zolotas
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73165557

MLS Property Information Network (MLS PIN)

Massachusetts Essex County Danvers 01923

145 Sylvan St, Danvers, MA

This home is located at 145 Sylvan St, Danvers, MA 01923 since 02 October 2023. This property was built in 1850. 145 Sylvan St is a home located in Essex County with nearby schools including Danvers High School, St. Mary of the Annunciation School, and Bishop Fenwick High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. 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, and the Images, 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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