MA
Essex
Danvers
01923
23 Poplar St
23 Poplar St, Danvers, MA 01923
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Listing Type
Multi Family
Listing Status
Active
41
$1,525,000

Home Details for 23 Poplar St

Price
$1,525,000
Type
Residential Income
Bedrooms
7
Total Bathrooms
5
Full Bathrooms
5
Square feet
3653
Year built
1900
Lot size acres
0.18
County
Essex
Total rooms
15
MLS Listing#
73543444
Property Description

Rare opportunity to acquire a 5-unit multifamily property in a popular and accessible Danvers location! Situated on a corner lot with approximately 3,653 square feet of living area, this income-producing asset consists of a desirable mix of five 2BD/1BA and 1BD/1BA units, generating approximately $119,000 in annual gross income. The property offers desirable tenant amenities including ample off-street parking with two spaces per unit and common laundry facilities. Several units feature updated kitchens, renovated baths, refreshed flooring, and spacious layouts, while the building retains much of its original character and charm. Two units have the added benefit of private exterior entrances. Located near downtown Danvers, shopping, restaurants, parks, commuter routes, and public transportation, this is an attractive addition to any investment portfolio. Strong in-place cash flow, stable tenancy, and future upside potential make this a compelling offering.

Property Features
  • Heating Information
    • Natural Gas
    • Hot Water
  • Parking
    • Paved
    • Off Street
  • Waterfront and Water Access
    • Ocean Front
  • Cooling Information
    • None
  • Water Features
    • Public
School Information
School Information for 23 Poplar St, Danvers, MA 01923
Elementary School
N/A
Middle School
N/A
High School
Danvers High School
Listing Courtesy: Aluxety - 800-806-3212
Presented by: The Pizzo Group
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Median Square Feet
Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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