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$4,800,000
$5,100,000 5.9%
Est. payment /mo
2.65 Acres Lot
Sold on 05/14/2025
130 Centre St Danvers, MA 01923
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UPDATED:
Key Details
Sold Price $4,800,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 73334277
Sold Date 05/14/25
HOA Y/N false
Year Built 1820
Annual Tax Amount $55,005
Tax Year 25
Lot Size 2.650 Acres
Acres 2.65
Property Description
Wadsworth Village consists of seven (7) buildings and contains a total of forty-nine (49) units, comprised of thirty-seven (37), office units, one (1), 2-Bedroom/1.5-Bathroom unit, four (4) 2-Bedroom/1-Bathroom units, six (6) 1-Bedroom/1-Bathroom units and one (1), Studio unit. The Property features 29,708 square feet of gross leasable area in 40,070 square feet of total gross area on a large 2.65-acre parcel with plentiful on-site parking. The Property has been well-maintained by current ownership, and most of the buildings have had capital investment improvements since acquisition. Many of the residential units feature modern upgrades including hardwood floors, granite countertops, and in-unit laundry. Wadsworth Village offers the opportunity to acquire a well-maintained investment property with significant upside in a desirable North Shore location. The subject property is ideal for a potential buyer looking for incredible value-add potential and strong investment returns.
Location
State MA
County Essex
Zoning VD
Direction Please use GPS
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available
Roof Type Shingle,Slate
Total Parking Spaces 99
Others
Senior Community false
Listed by Horvath & Tremblay
Bought with Stephen Girolamo • Horvath & Tremblay
Bought with Stephen Girolamo • Horvath & Tremblay