127 Sylvan Street

Danvers, MA 01923

$1,500,000
Last Sold Price
6
Beds
6
Baths
3,845 Sq. Ft.
$390 / Sq. Ft.
3,845
Sq. Ft.
$390
per Sq. Ft.

Description

Group Showings 4-6pm TODAY (Thurs. 2/17) 10am-12 and Fri. 2/18. No appointment needed. Please submit offers by 5pm Tuesday 2/22. Sellers reserve the right to accept prior. Nothing to do but purchase and enjoy the benefits of passive income with great long term tenants, 5 are at will and 1 has a lease until April 30, 2022 (Unit #3). Plans for expansion and potential condo conversion are available at Danvers town hall. Each unit has separate utilities. Improvements include: New electric service, 4...Group Showings 4-6pm TODAY (Thurs. 2/17) 10am-12 and Fri. 2/18. No appointment needed. Please submit offers by 5pm Tuesday 2/22. Sellers reserve the right to accept prior. Nothing to do but purchase and enjoy the benefits of passive income with great long term tenants, 5 are at will and 1 has a lease until April 30, 2022 (Unit #3). Plans for expansion and potential condo conversion are available at Danvers town hall. Each unit has separate utilities. Improvements include: New electric service, 4 new Navien combo heat and hot water units, the other 2 are approximately 9 years young, Roof replaced in 2015 with Azek trim, new granite steps at entry, and windows have all been replaced, third floor most recently. Other benefits include a laundry room with coin op washer and dryer, Large yard with plenty of parking. Proximity to all that Danvers has to offer is fantastic.
  1. Listed by Susan Schale • Keller Williams Realty Evolution

Property Details for 127 Sylvan Street

Town
Danvers
Area
MA-Danvers
Style
Garden
Garage Spaces
0
Parking Spaces
12.00
Parking Spaces Total
12

Location

Listing Courtesy of Keller Williams Realty Evolution, Susan Schale

Sold By Little & Co., REALTORS®, Francesca Little

Add your commute
LISTING UPDATED: 08/06/2022 07:53 AM

Property Details for 127 Sylvan Street

StatusSold
MLS #72943804
Days on Market17
Taxes$10,309 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1865
CountyEssex County

Location

Listing Courtesy of Keller Williams Realty Evolution, Susan Schale

Sold By Little & Co., REALTORS®, Francesca Little

Add your commute

Building Information for 127 Sylvan Street

Stories9Residences6Year Built1865Building Size-Lot Size0.36 AC / 15,738 SF

Payment Calculator

$9,045 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,186

Property Taxes

$859

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 127 Sylvan Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School
  • Current Financing: Cash
  • Living Area: 3845.0
  • Color: Brick
  • Total Units: 6
  • Property Condition: Unit 3 Remodeled
  • Waterfront: No
  • Water View: No
  • Year Built Details: Renovated Since
  • Year Built Source: Public Records
Location/School
  • High School: Danvers
Features
Interior Features
  • Appliances: Washer, Dryer, Unit 1(Range, Dishwasher, Microwave, Refrigerator), Unit 2(Range, Unit 3(Range, Unit 4(Range, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections Varies per Unit
  • Basement Features: Full, Interior Access, Concrete Floor, Unfinished Basement
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile, Carpet, Laminate, Wall to Wall Carpet, Unit 1(undefined), Unit 2(Tile Floor, Wood Flooring), Unit 3(Tile Floor, Unit 4(Tile Floor
  • Interior Features: Other (See Remarks), Unit 1(Studio, Upgraded Cabinets, Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower), Unit 3(Stone/Granite/Solid Counters, Unit 4(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room, Unit 4 Rooms(Living Room
  • Interior Features: Other (See Remarks)
Exterior Features
  • Construction: Brick
  • Exterior Features: Rain Gutters, Storage Shed, Garden
  • Exterior Features: Storage Shed, Garden Area
  • Lot Description: Level
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Heating: Natural Gas, Unit 1(Gas), Unit 2(Gas), Unit 3(Gas), Unit 4(Gas)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Range, Varies per Unit
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Showings at Group showings 4-6 Thurs 2/17,10-12 Fri 2/18 Please text when submitting offers by 5pm Tuesday 2/22. Sellers reserve the right to accept an offer at any time. Sold As Is.
Tax Information
  • Listing Terms: Contract
  • Tax ID: M:062 L:025 P:,1881629
  • Assessments: $814,300
  • Book: 34178
  • Tax Year: 2022
  • Zoning: R1
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 9
Other Building Characteristics
  • Foundation: Stone
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 6
  • Heat Zones: 6
Income / Expenses
  • Electricity: $730.00
  • Annual Expenses Source: Owner
  • GOI: $89,100.00
  • Insurance: $3,900.00
  • GRE: $23,305
  • RME: $2,875
  • NOI: $65,795.00
  • Operating Expense: $23,305.00
  • WSE: $3,900.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $7,425.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 1

Property History for 127 Sylvan Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 127 Sylvan Street

Taxable ValueLand$308,500Additions$1,130,200Total$1,438,700
Tax Record2024$15,984 ($1,332 / month)
Home Facts
Baths6Total Finished SqFt3,912 SqFtAbove Grade Finished SqFt3,912 SqFtUnfinished Basement SqFt1,326 SqFtStories3Lot Size15,738 SqFtStyleMulti-Family Res (5+ Units)Year Built1865ZoningR1CountyESSEXAPNDANV M:062 L:025 P:

Schools near 127 Sylvan Street

This home is within Danvers School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Highlands Elementary School
PublicK to 5

Holten Richmond Middle School
Public6 to 8

Danvers High School
Public9 to 12

Great Oak Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Evolution, Susan Schale

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.