Unique opportunity to own a Lovely Home w/ Reliable Rental Income. Property is Well Situated & in Turnkey Condition. The Large Level Back Yard offers outside space for each unit with Ample parking & a Shed, UNIT 1- Nice Kitchen - Dining area w/ a built in china closet. Living Room w/ a Decorative Fireplace. Four Bedrooms on second level w/ wide pine floors. Primary has Decorative FP - Access to basement w/ Laundry hook ups & storage. UNIT 2 - First Floor Owner Unit - Updated Kitchen & Bath - Spacious Living room w/ a Fire place & Wide Pine flooring. Large Primary & Cute Second Bedroom. Walk out to a Fenced yard to enjoy outside. Separate Dog Area Fenced. UNIT 3 offers a Kitchen & Living room - 2 Bedrooms and a Full Bath. Nice yard area. The Three car garage offers extra income--all currently rented. Many updates - Separate Utilities -Anderson Windows - Walk to Rail Trail, Schools & All Downtown Danvers has to offer! Short drive to major highways. Welcome Home!
This home has been viewed 40 times
Last Checked: May 7th, 2024 at 5:36am (Source: MLS PIN #73093852)
Gross Income: $74,400
Gross Expenses: $7,864
Net Income Calc: $66,536
Annual Expenses for 49 Poplar Street, Danvers MA 01923
Total Gross Expenses (Calculated)$7,864/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7864
Annual Income & Unit Breakdown for 49 Poplar Street, Danvers MA 01923
Total Gross Income (Calculated)$74,400
Unit 1
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full
Floor1
Levels in Unit2
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 49 Poplar Street, Danvers MA 01923
Listing ID73093852
Property TypeMulti Family / 3 Family
Price978900 ($384.49/SqFt)
Style3 Family
CityDanvers
CountyEssex
Neighborhood(s)Ipswich
Approximate Living Area Total2546
Approximate Lot Size (Acres)0.69
Total Parking23 (3 Garage)
Garage Parking3
Year Built1840
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningR1
Water Views
Water Views Features
Waterfront FeaturesRiver
Terms
Disclosures for 49 Poplar Street, Danvers MA 01923
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsSheds
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.0
Facilitator Compensation2.0
Compensation Based OnNet Sale Price
Financial Information for 49 Poplar Street, Danvers MA 01923
Real Estate Taxes7864
Tax Year2023
Assessed Value$669,300
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 49 Poplar Street, Danvers MA 01923
Elementary SchoolThorpe
Middle SchoolHolten Richmond
High SchoolDanvers High
Neighborhood(s)Ipswich
Area AmenitiesWalk/jog Trails
Contact Information for 49 Poplar Street, Danvers MA 01923