Off Market

23 Poplar St, Danvers, MA

Danvers · MA 01923

$1,525,000
Price
7
Beds
5
Baths
3653
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 5 Units
Lot size: 8,058 Sq.Ft Lot
Price per square foot: $417 / Sq.Ft
Parking: 10 Off Street Spaces

About this home

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.

Neighborhood & Transit

23 Poplar St, Danvers · MA 01923

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
126 days
Listing Price:
$1,525,000
Price per Sq.Ft:
$417
Tax Assessment:
$1,060,700 in 2026
Taxes:
$858 / Monthly

Home Facts

Interior Features

Bedrooms
7
Full Bathrooms
5
Half Bathrooms
0
Living Area
3,653 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3653
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
8,058 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
10 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Clapboard
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
The Pizzo Group
Listing office
Aluxety
MLS PIN #
73543444