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Sold on 03/21/2022

127 Sylvan St, Danvers, MA 01923

$1,684,000

Last sold 03/21/2022 for $1.5M

  • 6

    bed

  • 6

    bath

  • 3,845

    Sqft ($390/Sqft)

Multi-family not for sale
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About 127 Sylvan St

Property type Multi-family
Year built 1865
HOA fee $0/month
Lot size 0.36 Acre
Movoto estimate
Property 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 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.
Listed by
Listing Agent - Susan Schale
Listing Office - Churchill Properties
Source: MLS Property Information Network, Inc. mls logo
MLS#72943804 • last updated 4 years ago
Movoto checked MLS Property Information Network, Inc. for data 5 minutes ago
Overview
Levels/Style 5
Type Multi-family
MLS # 72943804
SqFt 3845
Status Sold
SubType 5-9 Family
Lot Size (Acre) 0.36
Property Tax 10309
Year Built 1865
Short Sale (Y/N) No
Foreclosure (Y/N) No
Interior
# Full Baths 6, 6
Total # of Bedrooms 6, 6
Total # of Rooms 14, 18, 14
Basement Full, Interior Access, Concrete Floor, Unfinished Basement
# Fireplaces 0, 0
Exterior
Foundation Fieldstone
Exterior Brick
Roof Asphalt/Fiberglass Shingles
Construction Brick
Parking Desc Off-Street
# Parking Spaces 12
Exterior Features Gutters, Storage Shed, Garden Area
Lot Desc Paved Drive, Level
Amenities / Utilities
Utility Connections For Gas Range, for Electric Range, Varies Per Unit
Utilities: Hot Water Natural Gas
Water Source City/Town Water
Electricity 730
HOA Amenities 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
Location
County Essex
High School Danvers
APN M:062 L:025 P:, 1881629
Multifamily Details
# of Units 6
Unit 3 Rent 1500
Unit 4 Rent 1100
Unit 2 Rent 1300
Unit 1 Rent 1200
Lot/ Land Details
Road Type Public
$1.68M
Range: $1.51M-$1.85M
Last 30 days 
  • Mar 2022
    mls logo MLS # 72943804
  • Mar 21, 2022 Sold
    $1,500,000 (-6.3%)
  • Feb 17, 2022 Listed
    $1,600,000 (+154.0%)
  • Aug 2009
    Public Records
  • Aug 25, 2009 Sold
    $630,000 (+5.0%)
  • Jan 2004
    Public Records
  • Jan 15, 2004 Sold
    $600,000
  • Year Property taxes Tax assessment
  • 2025
    $16,294 +1.9%
    $1,482,600 +3.05%
  • 2024
    $15,984 +3.3%
    $1,438,700 +9.29%
  • 2023
    $15,468 +50.0%
    $1,316,400 +61.66%
  • 2022
    $10,309 +0.3%
    $814,300 +5.77%
  • 2021
    $10,278 -11.1%
    $769,900 -13.04%
  • 2020
    $11,562
    $885,300
  • 127 Sylvan St
    $1.5M
  • —
  • 01923
    $809K +138% y/y
  • Danvers
    $749K +11% y/y
No chart available
Statistics calculated by Movoto

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5/10
Danvers High School
public Grades 9-12
Danvers School District
Source: GreatSchools.org © 2026. All rights reserved.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith in 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
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