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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*
General Information for 4 Butler Ave Danvers, MA 01923 |
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| Town | Danvers |
| Village | Danvers Center |
| County | Essex |
| Stories | 5 |
| SQFT | 4,222 |
| Status | Available |
| Listing Number | 73459936 (MLSPIN) |
Rooms Information for 4 Butler Ave Danvers, MA 01923 |
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Interior Information for 4 Butler Ave Danvers, MA 01923 |
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| Basement | Full Bulkhead Unfinished |
| Interior Features | Storage Pantry Bathroom With Tub & Shower Remodeled Living Room Kitchen Wood Vinyl Carpet Varies Laminate Hardwood |
| Heating | Natural Gas Hot Water |
| Cooling | Window Unit(s) |
| Fireplace | 1 |
| Appliances | Washer Dryer Range Refrigerator |
Exterior Information for 4 Butler Ave Danvers, MA 01923 |
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| Lot Size | 0.21 acres |
| Construction | Frame |
| Parking | Spaces: 7 Paved Drive Leased |
| Water | Public |
| Sewer | Public Sewer |
| Exterior Features | Garden |
Neighborhood Information for 4 Butler Ave Danvers, MA 01923 |
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| Neighborhood Amenities | Public Transportation Shopping Park Walk/Jog Trails Medical Facility Laundromat Bike Path Highway Access House of Worship Marina Private School Public School |
Miscellaneous Information for 4 Butler Ave Danvers, MA 01923 |
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| Year Built | 1900 |
| Association Fee | 0 |
| Taxes | $10,100 /Yr |
| Comp | |
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| Condo | Data |
|---|---|
| Units | 5,718 |
| Avg Price | $933,459 |
| Avg Days Listed | 116 |
| Total New Listings | 7 |
| House | Data |
|---|---|
| Units | 9,712 |
| Avg Price | $1,193,167 |
| Avg Days Listed | 102 |
| Total New Listings | 10 |
| Multi-Family | Data |
|---|---|
| Units | 1,955 |
| Avg Price | $1,349,351 |
| Avg Days Listed | 121 |
| Total New Listings | 2 |
For a more detailed market analyis one of our real estate agents can provide you with a full report.
| Address | Closing Date | List Price | Closing Price | % of List Price |
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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 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.
(AC1991/C8000685)
