4 Butler Ave, Danvers MA 01923

Danvers, MA 01923 • Danvers Center

$1,499,999

Est. $8,626/month

Beds

Baths

4,222

Sq Ft

$355

Price/Sq Ft

0.21

Acres

1900

Year Built

5+ Family - 5+ Units Up/Down

Type

Days on Market

Active Listed Dec 4, 2025 • MLS# 73459936 Copied!

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*

Property Overview

Property Type

5+ Family - 5+ Units Up/Down

Listing Type

For Sale

Year Built

1900

Bedrooms

Full Bathrooms

Living Area

4,222 sq ft

Total Rooms

Stories

Levels

Facts & Features

Home Facts

Type Residential Income

Style 5+ Family - 5+ Units Up/Down

Year Built 1900

Living Area 4,222 sq ft

Lot Size 0.21 acres

Bedrooms 7

Full Baths 5

Total Rooms 18

Interior

Heating Natural Gas, Hot Water

Cooling Window Unit(s)

Flooring Wood, Vinyl, Carpet, Varies, Laminate, Hardwood

Appliances Washer, Dryer, Range, Refrigerator

Fireplace None

Fireplaces 1

Basement Full, Bulkhead, Unfinished

Laundry None

Features Storage, Pantry, Bathroom With Tub & Shower, Remodeled, Living Room, Kitchen

Exterior

Construction Frame

Architecture None

Roof Shingle

Features Garden

Pool None

Spa None

Fencing None

Patio/Porch Porch

Parking

Features Paved Drive, Leased

Total Spaces 7

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other For Gas Range

Financial

Annual Tax $10,100

Assessed Value $993,200

Interior Features

Flooring: Wood, Vinyl, Carpet, Varies, Laminate, Hardwood

Appliances: Washer, Dryer, Range, Refrigerator

Interior Features: Storage, Pantry, Bathroom With Tub & Shower, Remodeled, Living Room, Kitchen

Windows: Screens

Basement: Full, Bulkhead, Unfinished

Laundry:

Security:

Construction & Materials

Year Built: 1900

Structure Type:

Exterior Materials: Frame

Roof: Shingle

Foundation: Stone

Stories: 5

Heating, Cooling & Utilities

Heating: Natural Gas, Hot Water

Cooling: Window Unit(s)

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: Garden

Patio & Porch: Porch

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Total Parking Spaces: 7

Parking Features: Paved Drive, Leased

Special Features

Fireplaces: 1

Fireplace Type:

Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School

Location

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Neighborhood

Danvers Center

4 Butler Ave, Danvers MA 01923

Danvers, MA 01923

Walkability

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Schools

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Principal & Interest $0

Property Tax $842

Homeowners Insurance $200

PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0

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Payment Over Time

Interest

Principal

Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠

Listed for Sale

Dec 4, 2025

$1,499,999

Original listing

Agent: Jennifer Crowe Office: Atlantic Coast Homes,Inc

Date	Event	Price	Change	$/sqft	Details
12/04/2025	🏠 Listed for Sale	$1,499,999	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Dec 5, 2025	Sold	$1,499,999	—
Dec 4, 2025	New Listing Added	$1,499,999	—

Market Statistics

Days on Market

1 days

Price per Sq Ft

$355

Tax History

Year	Taxes	Assessment
2025	$10,100	$993,200

Financial Details

Annual Property Tax

$10,100

Tax Year 2025

Assessed Value

$993,200

Listing Information

Listing Agent Jennifer Crowe

Listing Office Atlantic Coast Homes,Inc

Agent MLS ID C8000685

Office MLS ID AC1991

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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4 Butler Ave, Danvers MA 01923

About this home

Property Overview

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Special Features

Location

Neighborhood

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Schools

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Loan Summary

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Listed for Sale

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