$1,499,999

4 Butler Ave, Danvers, MA 01923

Commercial Property
Built in 1900
9,148sqft lot
—— car garage
$——/sqft
Listed 13 days ago

Property Description

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*

Listing Status:: Active
Date Added:: December 5, 2025 at 06:00AM
Listing Office:: Atlantic Coast Homes,Inc : 978-777-4444
Listing Agent:: Jennifer Crowe : 978-505-1158
MLS ID:: 73460207

Originating MLS: MLS Property Information Network
County: Essex

Zoning: r1M:043 L:151 P:1877810

Utilities: Public WaterPublic Sewer

Source: MLS Property Information Network

This listing courtesy of Jennifer Crowe, Atlantic Coast Homes,Inc

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Great Oak Elementary School

76 Pickering St, Danvers, MA, 01923

Grades KG-5

0.52 miles away

Holten Richmond Middle School

55 Conant St, Danvers, MA, 01923

Grades 6-8

0.49 miles away

Danvers High School

60 Cabot Rd, Danvers, MA, 01923

Grades 9-12

0.97 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.