83 Holten St, Danvers MA 01923

Danvers, MA 01923
$1,650,000
Est. $9,693/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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5
Beds
5
Baths
3,809
Sq Ft
$433
Price/Sq Ft
0.20
Acres
2011
Year Built
2
Garage Spaces
8
Days on Market
For Sale Listed Sep 10, 2026 • MLS# 73575552 Copied! • Updated Sep 14, 2026

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About this home

Excellent investment opportunity at 83 Holten Street in Danvers! Built in 2011, this well-maintained 5-unit multifamily property consists of five spacious one-bedroom apartments offering modern finishes and comfortable living. Each unit features stainless steel appliances, granite countertops, forced hot-air heating, and central air conditioning. Two units include private garage parking, while the remaining units share eight additional exterior parking spaces—a major convenience for tenants. The property has been meticulously maintained, with immaculate units and a newer construction profile that sets it apart from many traditional multifamily properties. Ideally located in Danvers with convenient access to major highways, shopping, restaurants, and area amenities. A strong opportunity for investors looking to add a quality, low-maintenance multifamily asset to their portfolio.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Sep 10, 2026
$1,650,000
Original listing
Agent: Herrick Lutts Realty Partners Office: Herrick Lutts Realty Partners

Tax History

Year Taxes Assessment
2025 $13,795 $1,255,200

Financial Details

Annual Property Tax
$13,795
Tax Year 2025
Assessed Value
$1,255,200

Facts & Features

2 Car Garage

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 2011
Living Area 3,809 sq ft
Lot Size 0.20 acres
Stories 5
Bedrooms 5
Full Baths 5
Total Rooms 20

Investment Metrics

Units 5
Unit 1 Rent $2,200/mo · Y
Unit 2 Rent $2,200/mo · Y
Unit 3 Rent $2,100/mo · Y
Unit 4 Rent $2,150/mo · Y
Total Monthly Rent $8,650/mo
Gross Income $130,200
Net Operating Income $130,200
Cap Rate 7.89%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Finished, Concrete
Laundry None
Features None
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 2
Has Garage Yes
Features Paved Drive, Off Street
Total Spaces 12
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $13,795
Assessed Value $1,255,200
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Other
Sq Ft Disclosures Estimated SqFt
Documents None
County Essex
Total market time (incl. prior listings) 4 days

Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
2011
Bedrooms
5
Full Bathrooms
5
Living Area
3,809 sq ft
Total Rooms
20
Stories
5
Levels
5

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Finished, Concrete
Laundry:
Security:

Construction & Materials

Year Built: 2011
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter
Stories: 5

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface: Paved

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 12
Parking Features: Paved Drive, Off Street
School District
Danvers School District local
A-
School Safety 2024-25
2.3% Average
1.9% Suspensions 2.3% In-School 0.4% Emergency
3.2% below state avg
E

Elementary Schools

7 schools
St. Mary of the Annunciation School
0.5 mi
Grades PK-08
Great Rock Christian Academy
1.6 mi
Grades PK-12
B-
Highlands School
0.6 mi | #484 of 825 | Score: 45.2
Improved 158 spots from last year
-13 below state avg
341 students Moderate
Rising School
Grades K-05
C+
Great Oak School
0.6 mi | #546 of 825 | Score: 43.1
Dropped 195 spots from last year
-15.1 below state avg
278 students Moderate
Grades K-05
B+
Riverside School
1.3 mi | #290 of 825 | Score: 51.0
Improved 146 spots from last year
-7.2 below state avg
323 students Moderate
Rising School Strong Attendance
Grades PK-05
B-
Willis E Thorpe School
1.7 mi | #438 of 825 | Score: 46.4
Dropped 170 spots from last year
-11.8 below state avg
292 students Less Diverse
Strong Attendance
Grades K-05
B
Ivan G Smith School
1.9 mi | #358 of 825 | Score: 48.8
Improved 15 spots from last year
-9.4 below state avg
361 students Moderate
Strong Attendance
Grades K-05
M

Middle Schools

1 school
B-
Holten Richmond Middle School
1.1 mi | #185 of 352 | Score: 41.7
Dropped 14 spots from last year
-16.5 below state avg
734 students Moderate
Grades 06-08
H

High Schools

5 schools
Northeast ARC
0.1 mi
Grades 06-12
St. John's Prep School
1.4 mi
Grades 06-12
B
Danvers High School
1.8 mi | #160 of 346 | Score: 54.8
Dropped 18 spots from last year
-3.4 below state avg
794 students Moderate
17 sports • 1,436 athletes
Early College Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
Northeast Behavioral Health
2.3 mi
Grades 09-12
A-
Essex North Shore Agricultural and Technical School
2.7 mi | #78 of 346 | Score: 63.3
Improved 21 spots from last year
+5.1 above state avg
1,927 students Moderate
Strong AP Program Early College Program High Graduation Rate Rising School
Grades 09-12
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,150
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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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.

Location

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Neighborhood

83 Holten St, Danvers MA 01923

Danvers, MA 01923

Listing Information

Listing Agent Herrick Lutts Realty Partners
Listing Office Herrick Lutts Realty Partners
Office Phone 978-927-1959
Agent MLS ID TM312527
Office MLS ID AN6507
Listing Data Updated Sep 14, 2026 3:05 AM EDT
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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Steve Novak Real Estate
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