Danvers, MA 01923,4 Butler Ave
Danvers, MA 01923,4 Butler Ave
Danvers, MA 01923,4 Butler Ave
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BHRE Brad Hutchinson Real Estate

BHRE Brad Hutchinson Real Estate

+1(781) 665-2222
$1,499,999
Est. payment /mo
7 Beds
5 Baths
4,222 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 4,222 sqft

Price per Sqft $355

MLS Listing ID 73459936

Bedrooms 7

Full Baths 5

Year Built 1900

Annual Tax Amount $10,100

Tax Year 2025

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type 5+ Family - 5+ Units Up/Down

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*

Location

State MA

County Essex

Area Danvers Center

Zoning R1

Direction Gps to 4 Butler Ave

Rooms

Basement Full, Bulkhead, Unfinished

Interior

Interior Features Storage, Pantry, Bathroom With Tub & Shower, Remodeled, Living Room, Kitchen

Heating Natural Gas, Hot Water

Cooling Window Unit(s)

Flooring Wood, Vinyl, Carpet, Varies, Laminate, Hardwood

Fireplaces Number 1

Appliance Washer, Dryer, Range, Refrigerator

Exterior

Exterior Feature Garden

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School

Utilities Available for Gas Range

Roof Type Shingle

Total Parking Spaces 7

Garage No

Building

Story 5

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Virtual Tour https://kc-films-and-photography.aryeo.com/videos/019aeb06-f4d4-7330-9d67-23b9bf073500


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Listed by Atlantic Coast Homes,Inc
BHRE Brad Hutchinson Real Estate

At Brad Hutchinson Real Estate, our main goal is simple: to assist buyers and sellers with making the best, most knowledgeable real estate decisions that are right for you. Whether you’re searching for houses for sale, commercial investment opportunities, or apartments for rent, our independent, committed staff is ready to assist you. We have over 60 years of experience serving clients in and around Melrose and Boston's North Shore.

+1(781) 665-2222

sales@bradhutchinson.com

193 Green Street, Melrose, Massachusetts, 02176, United States

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4 Butler Ave