4 Butler Ave, Danvers, MA 01923

Local realty services provided by:ERA Cape Real Estate
4 Butler Ave,Danvers, MA 01923
$1,499,999
  • 7 Beds
  • 5 Baths
  • 4,222 sq. ft.
  • Multi-family
  • Active
Listed by: jennifer crowe
Office: atlantic coast homes,inc
MLS#:73459936
Source:MLSPIN

Price summary

  • Price:$1,499,999
  • Price per sq. ft.:$355.28

About this home

Exceptional investment opportunity! This well-maintained 5-family property offers 7 bedrooms+ and 5 bathrooms across multiple units, providing a strong foundation for steady rental income or multi-generational living. Located in a prime area, the property is close to shops, restaurants, transit & local amenities—highly attractive to prospective tenants. Each unit benefits from dedicated off-street parking. Utilities are fully separated, placing operating costs directly with tenants and maximizing net returns. The basement features a co-operated laundry setup for tenants, creating additional convenience and income potential. This property is low maintenance and turnkey. Brand new back stairs/deck. Many upgrades in varying units. Great tenants. Whether you’re expanding your portfolio or seeking a reliable income-producing asset, this property delivers consistent demand and exceptional investment performance.** Group showings ONLY by appointment—reach out to LIST agent for more info*

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Home facts

  • Year built:1900
  • Listing ID #:73459936
  • Updated:December 05, 2025 at 01:41 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:5
  • Full bathrooms:5
  • Living area:4,222 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Hot Water, Natural Gas

Structure and exterior

  • Roof:Shingle
  • Year built:1900
  • Building area:4,222 sq. ft.
  • Lot area:0.21 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,499,999
  • Price per sq. ft.:$355.28
  • Tax amount:$10,100 (2025)
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.