Back to Search
Active
66 Days on market
6 Venice Street #C2 Danvers — Photo 1 of 26

6 Venice Street #C2 Danvers — Photo 1 of 26

$285,000

Investment Analysis — 6 Venice Street #C2

Danvers, MA 01923

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01923 carries an estimated $2,270/mo in gross rent — about a 4.98% cap rate and $14,195/yr in estimated NOI at the $285,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1

SqFt

541

Style

Condominium

Built

1970

Updated, move-in ready, and conveniently located, this garden-style condo at The Fairlane offers easy single-level living in a peaceful Danvers setting. Step inside to find new flooring and light fixtures throughout, plus a beautifully renovated kitchen featuring a gas range, new cabinetry, quartz countertops, subway tile backsplash, new dishwasher and microwave, and a new sink and faucet. A dedicated dining area provides a comfortable spot for everyday meals or entertaining without taking up valuable living room space. The living room features an in-wall A/C unit for added summer comfort. The bathroom has been refreshed with a new vanity and sink and a freshly reglazed tub. Outside, enjoy a well-maintained common backyard, while an assigned parking space right outside the unit makes everyday living that much easier. There is ample guest parking and convenient in-building laundry located directly across the hall. Low condo fee includes heat, water, sewer, snow removal, and trash removal! All this, just minutes from Route 95, with easy access to Beverly, Peabody, Salem, and the ocean, plus plenty of shopping, restaurants, and everyday amenities nearby. With thoughtful updates, a convenient location, and low-maintenance living, this Danvers condo is an easy place to call home.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Immersive Experience

Property Details

Financials

Original Price$285,000
Annual Taxes$2,391
HOA Fee$343.04

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms3
FireplacesNone
FlooringTile, Vinyl
BasementN

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingWall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionConventional (2x4-2x6)
RoofShingle
Foundation--
ZoningR1

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Shopping • Park • Walk/Jog Trails • Laundromat • Bike Path • Highway Access

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenPrimary BedroomBathroom 1
Living Room
Lvl First

16 x 11

Flooring - Vinyl, Exterior Access, Open Floorplan

Kitchen
Lvl First

8 x 8

Flooring - Vinyl, Dining Area, Open Floorplan

Primary Bedroom
Lvl First

12 x 11

Closet, Flooring - Vinyl, Cable Hookup

Bathroom 1
Lvl First

6 x 5

Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Listing Provided By

Listing Agent: Kim Mckean

Listing Office: Lamacchia Realty, Inc.

MLS® Number: 73557479