23 Poplar St, Danvers, MA, 01923
15 rooms
7 beds
5 Full baths
1900
3,653 sqft
Rare opportunity to acquire a 5-unit multifamily property in a popular and accessible Danvers location! Situated on a corner lot with approximately 3,653 square feet of living area, this income-producing asset consists of a desirable mix of five 2BD/1BA and 1BD/1BA units, generating approximately $119,000 in annual gross income. The property offers desirable tenant amenities including ample off-street parking with two spaces per unit and common laundry facilities. Several units feature updated kitchens, renovated baths, refreshed flooring, and spacious layouts, while the building retains much of its original character and charm. Two units have the added benefit of private exterior entrances. Located near downtown Danvers, shopping, restaurants, parks, commuter routes, and public transportation, this is an attractive addition to any investment portfolio. Strong in-place cash flow, stable tenancy, and future upside potential make this a compelling offering.
Status:
Active
Type:
Multi-family
Units:
5
Zoning:
R1
Frontage:
209.00
Heating:
Hot Water, Natural Gas
Cooling:
None
Levels:
5
Parking:
10-car, Paved Drive, Off Street, Paved
Acreage:
0.18
Est. Taxes:
$10,297
Assessment
$1,060,700
Construction
Frame
Lot Description:
Corner Lot, Level
Amenities:
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, Sidewalks
High School:
Danvers High School
Appliances:
Washer, Dryer, Range, Refrigerator, Dishwasher
MLS #:
73543444
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of The Pizzo Group, Aluxety 800-806-3212