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$1,499,999
Est. payment /mo
9,147 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73460207
HOA Y/N false
Year Built 1900
Annual Tax Amount $10,100
Tax Year 2025
Lot Size 9,147 Sqft
Acres 0.21
Property Description
Exceptional investment opportunity! This well-maintained 5-family property offers 7 bedrooms+ and 5 bathrooms across multiple units, providing a strong foundation for steady rental income or multi-generational living. Located in a prime area, the property is close to shops, restaurants, transit & local amenities—highly attractive to prospective tenants. Each unit benefits from dedicated off-street parking. Utilities are fully separated, placing operating costs directly with tenants and maximizing net returns. The basement features a co-operated laundry setup for tenants, creating additional convenience and income potential. This property is low maintenance and turnkey. Brand new back stairs/deck. Many upgrades in varying units. Great tenants. Whether you're expanding your portfolio or seeking a reliable income-producing asset, this property delivers consistent demand and exceptional investment performance.** Group showings ONLY by appointment—reach out to LIST agent for more info*
Location
State MA
County Essex
Area Danvers Center
Zoning r1
Direction Gps to 4 Butler Ave
Exterior
Utilities Available Public Water, Public Sewer
Others
Senior Community false
Virtual Tour https://kc-films-and-photography.aryeo.com/videos/019aeb06-f4d4-7330-9d67-23b9bf073500
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Listed by Atlantic Coast Homes,Inc
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