23 Poplar St, Danvers, MA 01923
Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
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:July 10, 2026 at 10:40 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
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