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4 Butler Ave, Danvers MA 01923

$1,499,999

Estimated $3,273.91/month Calculator

Multi Family

Total Units: 1

Price Per Unit: $1,499,999

Total Rent: 0/year

Estimated CAP Rate: -0.67%

0 Bedrooms

Baths

Total Parking: 0

8,999 SqFt

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*

This home has been viewed 9 times

Last Checked: December 6th, 2025 at 8:43am (Source: MLS PIN #73460207)

Gross Income: $0

Gross Expenses: $10,100

Net Income Calc: $10,100

CAP Rate: -0.67%

Annual Expenses for 4 Butler Ave, Danvers MA 01923

Total Gross Expenses (Calculated)$10,100/year

APOD Available

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$10,100

Annual Income & Unit Breakdown for 4 Butler Ave, Danvers MA 01923

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent Includes

General Information for 4 Butler Ave, Danvers MA 01923

Listing ID73460207

Property TypeMulti Family / 5+ Family

Price$1,499,999

StyleResidential

CityDanvers

CountyEssex

MLS AreaDanvers Center

Neighborhood(s)Ipswich

Approximate Living Area Total

Approximate Lot Size (Acres)0.21 acres

Total Parking0

Garage Parking

Year Built1900

Year Built Source

Year Renovated

Year Built Details

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation Description

Accessible Features

Outdoor Space

Zoningr1

Zoning DetailsLegal Conforming

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 4 Butler Ave, Danvers MA 01923

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$111,700

Total Net Income By Broker$101,058

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 4 Butler Ave, Danvers MA 01923

Real Estate Taxes$10,100

Tax Year2025

Assessed Value

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$111,700

BostonRealEstate.com Gross Income

Total Net Income By Broker$101,058

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-0.67%

Location Information for 4 Butler Ave, Danvers MA 01923

Elementary School

Middle School

High School

Neighborhood(s)Ipswich

MLS AreaDanvers Center

Area Amenities

Contact Information for 4 Butler Ave, Danvers MA 01923

Agent

Name: Jennifer Crowe

Office

Name: Atlantic Coast Homes,Inc

Phone: 978-777-4444

Payment Calculator

, Interest

Property Taxes 841.67

Principal & Interest 9242.52

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Atlantic Coast Homes,Inc

Jennifer Crowe

Agent Phone

Office Phone

(978) 777-4444

Text Agent Call Agent Call Office

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                    [enabled] => 1
                    [created] => 2025-12-06 08:43:26
                    [modified] => 2025-12-06 08:43:26
                )

[23] => Array
                (
                    [id] => 181137503
                    [name] => MLS24.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73460207&w=1024&h=768&n=24
                    [index] => 24
                    [enabled] => 1
                    [created] => 2025-12-06 08:43:26
                    [modified] => 2025-12-06 08:43:26
                )

[24] => Array
                (
                    [id] => 181137504
                    [name] => MLS25.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73460207&w=1024&h=768&n=25
                    [index] => 25
                    [enabled] => 1
                    [created] => 2025-12-06 08:43:26
                    [modified] => 2025-12-06 08:43:26
                )

[25] => Array
                (
                    [id] => 181137505
                    [name] => MLS26.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73460207&w=1024&h=768&n=26
                    [index] => 26
                    [enabled] => 1
                    [created] => 2025-12-06 08:43:26
                    [modified] => 2025-12-06 08:43:26
                )

[26] => Array
                (
                    [id] => 181137506
                    [name] => MLS27.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73460207&w=1024&h=768&n=27
                    [index] => 27
                    [enabled] => 1
                    [created] => 2025-12-06 08:43:26
                    [modified] => 2025-12-06 08:43:26
                )

[27] => Array
                (
                    [id] => 181137507
                    [name] => MLS28.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73460207&w=1024&h=768&n=28
                    [index] => 28
                    [enabled] => 1
                    [created] => 2025-12-06 08:43:26
                    [modified] => 2025-12-06 08:43:26
                )

)

)

EXIT