4 Butler Ave, Danvers, MA 01923
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$1,499,999
Type: 5+ Residential
Lease Type N/A
SQFT: N/A
N/A Restrooms
Parking: N/A

Property 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*

Property Details tap to expand

Property Information

  • Type: 5+ Residential
  • Location: Legal Conforming
  • MLS ID#: 73460207

Financial

  • Gross Annual Income: 111700
  • Net Operating Income: 101058

Construction & Utilities

  • Utilities: Public Sewer, Public Water

Property History tap to expand

Date Event Price Price/Sq Ft Source
12/09/2025Active$1,499,999MLSPIN
12/08/2025Active$1,499,999$355MLSPIN
12/05/2025New$1,499,999MLSPIN
12/04/2025New$1,499,999$355MLSPIN

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Seller's Representative: Jennifer Crowe, Atlantic Coast Homes,Inc
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-12-09 03:05:00

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