59 Purchase Street

Danvers, MA 01923

$629,900
Last Sold Price
3
Beds
2
Baths
1
1/2 Bath
2,684 Sq. Ft.
$235 / Sq. Ft.
2,684
Sq. Ft.
$235
per Sq. Ft.

Description

Large Two Family investment opportunity near downtown Danvers! The top floor features a great one bed/one bath apartment with private outdoor balcony, tons of natural light, washer/dryer hook up in unit, and gas fireplace for those chilly nights. The main level features a massive two bedroom, one and half bath apartment that has a whole downstairs section waiting to be 100% finished off for additional living space. This unit lives more like a single family house with a large living room featuring...Large Two Family investment opportunity near downtown Danvers! The top floor features a great one bed/one bath apartment with private outdoor balcony, tons of natural light, washer/dryer hook up in unit, and gas fireplace for those chilly nights. The main level features a massive two bedroom, one and half bath apartment that has a whole downstairs section waiting to be 100% finished off for additional living space. This unit lives more like a single family house with a large living room featuring vaulted ceilings and a gas fireplace. To top it all off, there is a large two car garage with loft space above for extra storage. This property is extremely convenient for commuting, shopping, rail trail, and all that Danvers has to offer. Great long term tenants with extremely reliable rental income (with plenty of room to increase at renewal).
  1. Listed by Herrick Lutts Realty Partners • Herrick Lutts Realty Partners
  2. Listed by Jason Grzybek • Herrick Lutts Realty Partners
  3. Listed by Paul Herrick • Herrick Lutts Realty Partners

Property Details for 59 Purchase Street

Town
Danvers
Area
MA-Danvers
Garage Spaces
2
Parking Spaces
6.00
Parking Spaces Total
8

Location

Listing Courtesy of Herrick Lutts Realty Partners, Herrick Lutts Realty Partners; Herrick Lutts Realty Partners, Jason Grzybek; Herrick Lutts Realty Partners, Paul Herrick

Sold By Coldwell Banker Realty - Lynnfield, Donna Fiandaca

Add your commute
LISTING UPDATED: 08/06/2022 07:31 AM

Property Details for 59 Purchase Street

StatusSold
MLS #72737385
Days on Market36
Taxes$6,130 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family
Year Built1935
CountyEssex County

Location

Listing Courtesy of Herrick Lutts Realty Partners, Herrick Lutts Realty Partners; Herrick Lutts Realty Partners, Jason Grzybek; Herrick Lutts Realty Partners, Paul Herrick

Sold By Coldwell Banker Realty - Lynnfield, Donna Fiandaca

Add your commute

Building Information for 59 Purchase Street

Stories3Residences2Year Built1935Building Size-Lot Size0.11 AC / 5,009 SF

Payment Calculator

$3,948 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,438

Property Taxes

$511

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 59 Purchase Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina
  • Current Financing: Conv. Fixed
  • Living Area: 2684.0
  • Color: Green
  • Total Units: 2
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Unit 1(Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer), Electric Water Heater, Tankless Water Heater, Tankless, Water Heater(Varies Per Unit), Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
  • Basement Features: Full, Walk Out, Interior Access, Concrete Floor
  • Num of Baths: 3.0
  • Num of Full Baths: 2
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 2.50
  • Bathrooms Total Integer: 3
  • FireplaceFeatures: Unit 1(Fireplace - Natural Gas), Unit 2(Fireplace - Natural Gas)
  • FireplaceYN: Yes
  • Fireplaces: 3
  • Flooring: Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Features: Unit 1(Ceiling Fans, Pantry, Cathedral/Vaulted Ceilings, Storage, Slider), Unit 2(Pantry, Bathroom with Shower Stall), Unit 1 Rooms(Living Room, Dining Room, Kitchen, Family Room, Mudroom), Unit 2 Rooms(Living Room, Kitchen)
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room
  • Spa Features: Unit 2 Jacuzzi/Whirlpool Soaking Tub
  • SpaYN: Yes
Exterior Features
  • Construction: Frame
  • Exterior Features: Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
  • Exterior Features: Porch, Patio
  • Patio And Porch Features: Porch, Patio
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Electric: Circuit Breakers, Individually Metered
  • Heating: Unit 1(Forced Air, Electric Baseboard), Unit 2(Electric Baseboard)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup, Varies per Unit
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Disclosures: Keller Williams Mandatory Disclosure: all utilities cannot be guaranteed to be separate. Seller has never lived in the property.
Tax Information
  • Tax ID: M:058 L:086 P:,1881099
  • Assessments: $469,400
  • Book: 36700
  • Tax Year: 2020
  • Zoning: R1
Building / Association Information
Living Characteristics
  • Beds Total: 3
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Block
Income / Expenses
  • GOI: $40,200.00
  • NOI: $40,200.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 2
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $3,350.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 2

Property History for 59 Purchase 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 59 Purchase Street

Taxable ValueLand$286,900Additions$399,300Total$686,200
Tax Record2024$7,624 ($635 / month)
Home Facts
Baths2.5Total Finished SqFt2,684 SqFtAbove Grade Finished SqFt2,684 SqFtUnfinished Basement SqFt761 SqFtStories2Lot Size5,001 SqFtStyleDuplexYear Built1935ZoningR1CountyESSEXAPNDANV M:058 L:086 P:Fireplace TypeHas Fireplace

Schools near 59 Purchase Street

This home is within Danvers School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Riverside Elementary School
PublicPK 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 Herrick Lutts Realty Partners, Herrick Lutts Realty Partners; Herrick Lutts Realty Partners, Jason Grzybek; Herrick Lutts Realty Partners, Paul Herrick

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.