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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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15 Cherry Street 21,22,23,24 , Danvers, MA 01923
$1,325,000
Est. Payment: $2,944.44/mo
0 Bed
0 Bath
4645 Sqft
Status: Active | Days on site: 351
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AN6219 - CT000331
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House Description

PRICE ADJUSTMENT! Downtown Danvers Mixed-Use Investment - A rare chance to own a well-maintained, professionally managed mixed-use property in the heart of downtown Danvers. This income-producing building includes four units: two street-level commercial spaces and two residential apartments above, offering strong cash-flow potential and long-term investment value. The commercial spaces provide excellent visibility and flexible layouts suited for office, retail, or service type businesses. The spacious, well-kept apartments appeal to long-term tenants, while ample off-street parking adds a valuable downtown convenience. Just moments from restaurants, shops, public transportation, and major commuter routes, this property stands out in a highly desirable location. With a new price adjustment and a motivated seller, it offers exceptional value for investors and owner-occupants alike. Showings by appointment only.

Highlights

Listed by Stephen Velonis , 978-697-7855 Coldwell Banker Realty - Lynnfield , 781-334-5700.

Property Type

Commercial Sale

Lot/Acreage
0.1

Year Built

1900

County

Essex

Area

Danvers Center

Listing ID

73438789

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Zoning:Other (See Remarks)
Roof:Asphalt/Composition Shingles
Principal Interest
$2,944
Taxes
$1,577

Home Price

$1,325,000

Loan Details

30 yrs
%

Down Payment

20%
$265,000
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Monthly Price:
$2,944.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,944.44 $1,577.17 $0.00 $4,521.61
Yearly $35,333.33 $18,926.00 $0.00 $54,259.33
Total $1,060,000.00 $567,780.00 $0.00 $1,627,780.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Danvers, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.