H
Seller's Agent in 2024
Herrick Lutts Realty Partners
Herrick Lutts Realty Partners
28 in this area
200 Total Sales
42 Preston St Danvers, MA 01923
7
Beds
7
Baths
4,874
Sq Ft
45,738
Sq Ft Lot
Highlights
- Medical Services
- Property is near public transit and schools
- Jogging Path
- 1.05 Acre Lot
- Wooded Lot
- Porch
About This Home
As of July 2024Discover this meticulously maintained 7-unit apartment building in charming Danvers, MA. Each unit is a spacious 1-bedroom apartment featuring classic New England charm. The property boasts generous living areas with one full bathroom per unit and separate utilities. Ample off-street parking with 6 bay garage along with basement storage. Located near major highways, public transportation, downtown Danvers, parks, and healthcare facilities, this property offers easy access to essential amenities. With stable rental income and low operating expenses this property presents an excellent investment opportunity.
Last Agent to Sell the Property
Herrick Lutts Realty Partners Listed on: 06/05/2024
Last Buyer's Agent
Herrick Lutts Realty Partners Listed on: 06/05/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,295
Year Built
- Built in 1880
Lot Details
- 1.05 Acre Lot
- Wooded Lot
Parking
- 6 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 4,874 Sq Ft Home
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Full Bathrooms
Additional Features
- Porch
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $6,400
- Assessor Parcel Number M:012 L:017 P:,1873647
Community Details
Overview
- 7 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
Building Details
- Net Operating Income $140,700
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/26/2024 07/26/24 | Sold | $1,745,000 | -12.8% | $358 / Sq Ft |
| 06/21/2024 06/21/24 | Pending | -- | -- | -- |
| 06/05/2024 06/05/24 | For Sale | $2,000,000 | -- | $410 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,349 | $1,305,600 | $426,900 | $878,700 |
| 2024 | $12,295 | $1,106,700 | $404,400 | $702,300 |
| 2023 | $11,899 | $1,012,700 | $366,300 | $646,400 |
| 2022 | $10,867 | $858,400 | $306,300 | $552,100 |
| 2021 | $11,083 | $830,200 | $278,100 | $552,100 |
| 2020 | $10,519 | $805,400 | $301,800 | $503,600 |
| 2019 | $10,357 | $779,900 | $276,300 | $503,600 |
| 2018 | $9,831 | $726,100 | $265,800 | $460,300 |
| 2017 | $8,853 | $623,900 | $241,800 | $382,100 |
| 2016 | $8,557 | $602,600 | $231,300 | $371,300 |
| 2015 | $8,042 | $539,400 | $201,300 | $338,100 |
Source: Public Records
Agents Affiliated with this Home
-
Herrick Lutts Realty Partners
-
Nick Zolotas
Seller Co-Listing Agent in 2024
Nick Zolotas
Herrick Lutts Realty Partners
(978) 969-3427
10 in this area
34 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73247292
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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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