$1,390,000
Active15 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 propertys 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
Estimated payment
$8,998 / month
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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