23 Poplar St, Danvers, MA 01923

Danvers
Local realty services provided by:ERA Key Realty Services
23 Poplar St,Danvers, MA 01923
$1,525,000
  • 7 Beds
  • 5 Baths
  • 3,653 sq. ft.
  • Multi-family
  • Active
Listed by: pizzo johanson team, henry pizzo
Office: aluxety
MLS#:73543444
Source:MLSPIN

Price summary

  • Price:$1,525,000
  • Price per sq. ft.:$417.47

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.

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Home facts

  • Year built:1900
  • Listing ID #:73543444
  • Updated:August 15, 2026 at 10:42 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:5
  • Full bathrooms:5
  • Rooms Total:15
  • Flooring:Carpet, Hardwood, Tile, Wood
  • Bathrooms Description:Bathroom With Tub & Shower, Bathroom with Shower Stall
  • Kitchen Description:Dishwasher, Kitchen, Range, Refrigerator
  • Living area:3,653 sq. ft.

Heating and cooling

  • Heating:Hot Water, Natural Gas

Structure and exterior

  • Roof:Slate
  • Year built:1900
  • Building area:3,653 sq. ft.
  • Lot area:0.18 Acres
  • Lot Features:Corner Lot, Level
  • Construction Materials:Frame
  • Exterior Features:Balcony, Porch, Rain Gutters
  • Foundation Description:Brick/Mortar, Stone

Schools

  • High school:Danvers High School

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,525,000
  • Price per sq. ft.:$417.47
  • Tax amount:$10,297 (2026)

Features and amenities

  • Appliances:Dishwasher, Dryer, Range, Refrigerator, Washer
  • Laundry features:Dryer, Washer

Parking

  • Total parking spaces:10
  • Parking description:Off Street, Paved, Paved Drive
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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