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41 Hobart Street, Danvers MA 01923

$1,350,000

Estimated $3,025/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $675,000

Total Rent: 108000/year

Estimated CAP Rate:

6 Bedrooms

Baths

2850

Total Parking: 4

9,496 (0.21)

Exceptional new construction side-by-side two-family Townhouses offering the perfect opportunity for investors or owner-occupants! Each spacious unit features 3 bedrooms, 2 full baths and a half bath three levels of living, a finished lower level, and in-unit laundry. Thoughtfully designed with open floor plans and top-of-the-line finishes throughout, these homes offer the perfect blend of luxury, comfort, and functionality. Enjoy ample off-street parking and low-maintenance new construction living. 9450 +- sq ft lot. Ideally located within walking distance to the vibrant downtown area with shops and restaurants, and just minutes to major highways, making this a commuter's dream. A rare opportunity to own a beautifully built, turnkey multi-family in a prime location!

This home has been viewed 4 times

Last Checked: June 19th, 2026 at 11:08am (Source: MLS PIN #73538475)

Gross Income: $108,000

Gross Expenses: $10,032

Net Income Calc: $97,968

Water Views

Annual Expenses for 41 Hobart Street, Danvers MA 01923

Total Gross Expenses (Calculated)$10,032/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax10032

Annual Income & Unit Breakdown for 41 Hobart Street, Danvers MA 01923

Total Gross Income (Calculated)$108,000

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full, 1 Half

Floor1

Levels in Unit3

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full, 1 Half

Floor1

Levels in Unit3

Rent IncludesHeat

General Information for 41 Hobart Street, Danvers MA 01923

Listing ID73538475

Property TypeMulti Family / 2 Family

Price1350000 ($473.68/SqFt)

Style2 Family - 2 Units Side By Side

CityDanvers

CountyEssex

Neighborhood(s)Ipswich

Approximate Living Area Total2850

Approximate Lot Size (Acres)0.21

Total Parking4

Garage Parking0

Year Built1800

Year Built SourcePublic Records

Year Built DetailsRenovated Since,Finished, Never Occupied

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR1

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 41 Hobart Street, Danvers MA 01923

Lead PaintNone

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourceOther

ExclusionsWasher

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 41 Hobart Street, Danvers MA 01923

Real Estate Taxes10032

Tax Year2025

Assessed Value$1,350,000

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 41 Hobart Street, Danvers MA 01923

Elementary SchoolGreat Oak

Middle SchoolHrms/Sjp

High SchoolDhs/St Johns

Neighborhood(s)Ipswich

Area Amenities

Contact Information for 41 Hobart Street, Danvers MA 01923

Agent

Name: Jennifer Crowe

Office

Name: Atlantic Coast Homes,Inc

Phone: 978-777-4444

Team Members

Payment Calculator

, Interest

Property Taxes 836

Principal & Interest 8318.27

HOA Dues

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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EXIT

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