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4 Butler Ave, Danvers, MA
Not Available - Off Market
0
$1,499,999
N/A Beds N/A Baths
HOA
N/A
LOT size: 0.21 Acres
SQFT
N/A
4 Butler Ave
Danvers, MA 01923
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This Property is No Longer Available

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

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

Mortgage Calculator

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Map

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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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-03-06 16:43:00

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