4 Butler Ave, Danvers, (Danvers Center), MA, 01923
18 rooms
7 beds
5 Full baths
1900
4,222 sqft
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*
Status:
Active
Town:
Danvers
Type:
Multi-family
Units:
5
Zoning:
R1
Heating:
Natural Gas, Hot Water
Cooling:
Window Unit(s)
Basement:
Full, Bulkhead, Unfinished
Levels:
5
Parking:
7-car, Paved Drive, Leased
Acreage:
0.21
Est. Taxes:
$10,100
Assessment
$993,200
Construction
Frame
Utilities
for Gas Range
Amenities:
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School
Appliances:
Washer, Dryer, Range, Refrigerator
MLS #:
73459936
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Jennifer Crowe, Atlantic Coast Homes,Inc 978-777-4444