4 Butler Ave Danvers, MA

$1,499,999
Beds 7
Baths 5
Square Feet 4,222
Acres 0.21
Photo of 4 Butler Ave Danvers MA 01923




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*


Listed by Atlantic Coast Homes,Inc, Jennifer Crowe

Details

MLS 73459936
Status Pending
Price $1,499,999
DOM 45 days
Type Multi-Family
Beds 7
Baths 5 full baths
Square Feet 4,222 sqft
Lot Size 0.21 acres
Year Built 1900

Lot & Building Features

Appliances Dryer, Washer, Refrigerator, Range
Construction Frame
Cooling Window Unit(s)
Heating Hot Water, Natural Gas
Sewer Public Sewer
Tax Year 2025
Taxes Paid $10,100
Water Public
Foundation Stone
Exterior Features Garden
Interior Features Remodeled, Pantry, Storage, Bathroom With Tub & Shower, Living Room, Kitchen
Roof Shingle
Full Baths 5
Parking Leased, Paved Drive
Total Rooms 18
Basement Feature Bulkhead, Unfinished, Full
Garage Spaces 0
Fireplaces 1

Map

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Financing

$
20%
1%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


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