Unit Information
Rare opportunity to acquire a four-unit multifamily portfolio in Danvers, comprised of two separate two-family homes situated on a single lot. The property features a well-balanced unit mix of three 1-bedroom, 1-bath apartments and one 2-bedroom, 1.5-bath unit, catering to a broad and stable tenant base.All units have been updated and include modern finishes such as stainless steel appliances and in-unit washer and dryer, enhancing tenant appeal and supporting strong rental demand. The property also benefits from ample off-street parking, a key amenity in the market.This asset offers investors a unique combination of scale and flexibility, with two independent structures providing operational versatility and long-term value. Positioned in a desirable location with convenient access to local amenities and major commuter routes, the property is well-suited for both stable cash flow and future rental growth.
- Additional Details
- Status: NEW
- Type: Multi-Family, Quadruplex
- Zip Code: 01923
- Levels: 4
- Parking
- Garage Capacity: 6
- Parking: Paved
- Parking Spaces: 6
- Rooms and Dimensions
- Total Units: 4
- Total Floors: 4
- Total Rooms: 14
- Has Basement: Yes
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$1,450,000
- Status: New
- Listing ID: 73520588
- Bedrooms: 5
- Full Baths: 4
- Half Baths: 1
- Living Area: 3,484 sqft Convert
- Lot Size: 10,890 sqft Convert
- Acres: 0.25
View description
Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |