Property Description

Excellent investment opportunity at 83 Holten Street in Danvers! Built in 2011, this well-maintained 5-unit multifamily property consists of five spacious one-bedroom apartments offering modern finishes and comfortable living. Each unit features stainless steel appliances, granite countertops, forced hot-air heating, and central air conditioning. Two units include private garage parking, while the remaining units share eight additional exterior parking spaces—a major convenience for tenants. The property has been meticulously maintained, with immaculate units and a newer construction profile that sets it apart from many traditional multifamily properties. Ideally located in Danvers with convenient access to major highways, shopping, restaurants, and area amenities. A strong opportunity for investors looking to add a quality, low-maintenance multifamily asset to their portfolio.

Property Details tap to expand

Building Information

  • Total Units: 5
  • Total Floors: 5
  • Total Bedrooms: 5
  • Total Full Baths: 5
  • Amenities: Bike Path, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Shopping
  • Basement Features: Concrete Floor, Finished, Other (See Remarks)

Financial

  • APOD Available: Yes
  • Expenses Source: Pro. Forma Available
  • Gross Operating Income: 130200
  • Net Operating Income: 130200

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Levels: 1

Unit 4 Description

  • Under Lease: Yes
  • Levels: 1

Construction

  • Year Built: 2011
  • Type: 5+ Family - 5+ Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73575552
  • Last Updated: 09/10/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
09/10/2026New$1,650,000$433MLSPIN

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Seller's Representative: Herrick Lutts Realty Partners, Herrick Lutts Realty Partners
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 2026-09-10 15:59:00