130 Centre StreetDanvers, MA 01923MLS Number 73334410

  • Price: $5,100,000
  • Est. Mortgage of $/month
  • 44 Days on Market
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Federal 30-year interest rate: 6.67% last updated on Mar 20, 2025
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Under Agreement
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  • 17Bedrooms
  • 2.65Acreage
  • 15Bathrooms
  • 1820Year Built
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/1Bathroom 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.
Listed by Dennis Kelleher of Horvath & Tremblay

Driving Directions

Colonial Manor Realty
Colonial Manor Realty
Office: 781-290-7425
127 Franklin St
Reading, MA 01867

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More Info

Basic Information

  • Gross Income $658,643
  • Lot Features Other
  • Mls StatusUnder Agreement
  • Parcel Number 1877125
  • Rent Includes Unit 1(Water), Unit 2(Heat, Water, Hot Water)

Location

  • Address130 Centre Street
  • Building Number130
  • CountyEssex
  • StateMA
  • StreetCentre Street
  • TownDanvers
  • Zip01923

Utilities

  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • Golf
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Pool
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • Tennis Court(s)
    • University
    • Walk/Jog Trails
  • Other AmenitiesBasement, Golf, Tennis

Tax Information

  • Tax Assessed Value $3,569,900
  • Tax Year 25
  • Taxes$55,005

Basic Information

  • List Price$5,100,000
  • MLS Number73334410
  • Modification Date02/20/2025
  • Property SubType5+ Family - 5+ Units Side by Side
  • Purchase Contract Date02/20/2025

Property

  • Acreage2.65

Exterior

  • RoofShingle, Slate

Property Information

  • Building Area Source Public Records
  • Living Area 29,708
  • Lot Size Square Feet 115,434
  • Lot Size Units Acres
  • Square Feet29,708

Parking

  • Parking Features Off Street
  • Parking Spaces99

Rooms

  • Bathroom15
  • Bathrooms Total Decimal 14.5
  • Bedrooms17
  • Full Bath14
  • Half Baths1

Building

  • BasementUnfinished
  • Building Area Units Square Feet
  • FoundationOther
  • Levels 3
  • Rooms99
  • Stories3
  • Units49
  • Year Built1820
  • Year Built Details Approximate
  • Year Built Source Public Records

Other

  • Buyer Agency Compensation1.5
  • Date Listed02/11/2025
  • Farm Land Area Units Square Feet
  • View Count1
Listed by Dennis Kelleher of Horvath & Tremblay

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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. MLSPIN 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.

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