aisellshomes.space

$1,390,000

Active

15 Cherry Street #21,22,23,24

Danvers, MA, 01923

Commercial · MLS #73438789

Days on market

New today

Lot size

0.10 ac

0.10 acres

Lot

About this home

Downtown Danvers Mixed-Use Investment - Rare opportunity to own a well-maintained, professionally managed mixed-use property in the heart of downtown Danvers. This income-producing building features four units, including two street-level commercial spaces and two residential apartments above, offering strong cash-flow potential and long-term investment value. The commercial units benefit from outstanding visibility and flexible floor plans ideal for office, retail, or service use. The residential apartments are spacious, well-maintained, and attractive to long-term tenants. Ample off-street parking enhances the property’s appeal, providing a rare convenience in the downtown setting. Located just moments from restaurants, shops, public transportation, and major commuter routes, this is a standout opportunity in a highly desirable location. New price adjustment and Motivated Seller create an exceptional value for investors and owner-occupants alike. Showings are by appointment only.

Location

15 Cherry Street, #21,22,23,24, Danvers, MA, 01923

Property details

Parking
Assigned, Available for Purchase

Listed by Stephen Velonis · Coldwell Banker Realty - Lynnfield

Schedule a showing

15 Cherry Street

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$8,998 / month

Down payment20% · $278,000
Interest rate6.50%

Loan term

Principal & interest
$7,029
Property tax
$1,390
Home insurance
$579

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).

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