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$995,000
Total Beds: 5 Total Baths: 3
Total Units: 3 SQFT: 2547
LOT size: 0.32 Acres
27 Holten St
Danvers, MA 01923
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Property Description

Rare opportunity to own a well-located three-family in Danvers, ideal for investors or owner-occupants. This 2,547 sq ft property offers 13 rooms, 5 bedrooms and 3 full baths across three distinct units. The first-floor unit features 1 bedroom, a living room, office, dining area and kitchen, plus access to a deck off the dining room. The second-floor unit offers 2 bedrooms and an open living/dining layout. The third-floor unit includes 2 bedrooms, an open kitchen/living area and a skylight. Each unit has its own heating system. Units 1 and 2 are occupied by month-to-month tenants, while unit 3 is vacant, providing flexibility for an owner-occupant or new tenant. Additional highlights include a full basement with interior access and concrete floor & tenant storage, paved driveway with 6 off-street parking spaces, city water and sewer, and a corner lot. Conveniently located near downtown Danvers, shopping, restaurants, schools, commuter routes and public transportation. A compelling opportunity offering strong income potential and future upside.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 5
  • Total Full Baths: 3
  • Common Rooms: Dining Room, Kitchen, Living Room, Office/Den
  • Common Appliances: Dishwasher, Range, Refrigerator, Vent Hood
  • Common Heating: Electric, Extra Flue, Forced Air, Gas, Heat Pump, Space Heater

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 56400
  • Gross Expenses: 17019
  • Electric Expenses: 2400
  • Water/Sewer: 2400
  • INSC: 3519
  • Repairs & Maintenance: 6000
  • Miscellaneous Expense: 2700
  • Net Operating Income: 39381

Utilities

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

Unit 1 Description

  • Included in Rent: Electric, Hot Water, Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Electric, Hot Water, Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Hot Water
  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1965
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: None
  • Warranty: No

Other Information

  • MLS ID# 73589103
  • Last Updated: 10/17/26

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Map

Seller's Representative: Dennis Marks, Keller Williams Realty Evolution
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 2026-10-17 22:06:00

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