Exceptional three-family opportunity in a prime Danvers location just minutes from downtown shops, dining, and everyday conveniences. This versatile property features three units, including a renovated studio currently occupied, providing immediate income. The two additional units are vacant and ready for an owner-occupant or investor to place tenants at market rent. All apartments offer luxury vinyl plank flooring for a clean, modern feel. The upper unit is a desirable townhouse-style layout spanning two floors with two full bathrooms, ideal for long-term tenancy or owner use. Major systems were updated approximately 12 years ago, including the roof, windows, siding, and heating. Easy access to Route 128, I-95, and nearby commuter routes makes this a smart investment in a high-demand area with limited multi-family inventory. Schedule your showing today!
This home has been viewed 46 times
Last Checked: April 16th, 2026 at 4:29am (Source: MLS PIN #73472198)
Gross Income: $58,500
Gross Expenses: $9,684
Net Income Calc: $48,816
Annual Expenses for 147 High St, Danvers MA 01923
Total Gross Expenses (Calculated)$9,684/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax9684
Annual Income & Unit Breakdown for 147 High St, Danvers MA 01923
Total Gross Income (Calculated)$58,500
Unit 1
Rental Income$0
LeaseN
Bedrooms0
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms4
Bathrooms2 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 147 High St, Danvers MA 01923
Listing ID73472198
Property TypeMulti Family / 3 Family
Price1100000 ($363.64/SqFt)
Style3 Family
CityDanvers
CountyEssex
Neighborhood(s)Ipswich
Approximate Living Area Total3025
Approximate Lot Size (Acres)0.15
Total Parking4
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
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
Waterfront0
Waterfront Features
Terms
Disclosures for 147 High St, Danvers MA 01923
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher/Dryer Negotiable
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 147 High St, Danvers MA 01923
Real Estate Taxes9684
Tax Year2025
Assessed Value$881,200
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 147 High St, Danvers MA 01923
Elementary SchoolRiverside Elementary School
Middle SchoolHolten Richmond Middle School
High SchoolDanvers High School
Neighborhood(s)Ipswich
Area AmenitiesWalk/jog Trails
Contact Information for 147 High St, Danvers MA 01923