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About the Listing AC1991 - C8000685
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*
Listing Highlights
Status
Pending
Days on Site
73
Property Type
Multi-Family
MLS ®
73459936
Year Built
1900
Total Square Footage
4,222
Lot/Acreage
0.21
County
Essex
Area
Danvers Center
Interior Details
- Bedrooms: 7
- Bathrooms: 5 Full
- Appliances: Washer, Dryer, Range, Refrigerator
- Air Cond: Window Unit(s)
- Heating: Natural Gas,Hot Water
- Fireplaces: 1
- Floor: Wood,Vinyl,Carpet,Varies,Laminate,Hardwood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Storage,Pantry,Bathroom With Tub & Shower,Remodeled,Living Room,Kitchen
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 7
- Zoning: R1
- Roof: Shingle
- Others: Garden
- Sewer: Public Sewer
- Parking Features: Paved Drive,Leased,Parking Spaces: 7
Financial Details
- Tax Amount: $10,100
- Taxes w/Assessments: $993,200
- Tax/Property ID: M:043 L:151 P:,1877810
- Tax Year: 2025
Payment Calculator
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Questions About..
4 Butler Ave Danvers, MA 01923
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