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31 Bates St, Danvers MA 01923

$949,900

Estimated $2,196/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $474,950

Total Rent: 77352/year

Estimated CAP Rate:

4 Bedrooms

Baths

2220

Total Parking: 13 (2 Garage)

8,499 (0.20)

This impeccably maintained two-family home offers a rare opportunity in the desirable waterfront village. Bathed in natural light with 9-foot ceilings, hardwood floors, and open layouts, both units feature central air, in-unit laundry, and modern kitchens. The first-floor 1-bedroom and second-floor 3-bedroom that include in unit laundry. Step outside to a spacious deck with sweeping marina and river views, plus a welcoming front porch and patio for relaxed enjoyment from unit 2. Additional highlights include a flawless detached 2-car garage with epoxy flooring, abundant off-street parking. There is also a storage shed and a fire pit for night time enjoyment.Perfect for owner-occupants, multi-generational living, or investors, this versatile property provides comfortable living in one unit while the other supports mortgage offset or rental income. Ideally located near shopping, parks, and Route 128. Showings begin at open houses Sat & Sun 11AM-12:30PM July 18th & 19th.

This home has been viewed 9 times

Last Checked: July 29th, 2026 at 6:43am (Source: MLS PIN #73549368)

Gross Income: $77,352

Gross Expenses: $7,872

Net Income Calc: $69,480

Water Views

Annual Expenses for 31 Bates St, Danvers MA 01923

Total Gross Expenses (Calculated)$7,872/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7872

Annual Income & Unit Breakdown for 31 Bates St, Danvers MA 01923

Total Gross Income (Calculated)$77,352

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 31 Bates St, Danvers MA 01923

Listing ID73549368

Property TypeMulti Family

Price949900 ($427.88/SqFt)

StyleMulti Family

CityDanvers

CountyEssex

Neighborhood(s)Ipswich

Approximate Living Area Total2220

Approximate Lot Size (Acres)0.2

Total Parking13 (2 Garage)

Garage Parking2

Year Built1915

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR1

Water ViewsYes

Water Views FeaturesBay

Waterfront0

Waterfront Features

Terms

Disclosures for 31 Bates St, Danvers MA 01923

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsRing Security System

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 31 Bates St, Danvers MA 01923

Real Estate Taxes7872

Tax Year2025

Assessed Value$716,300

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 31 Bates St, Danvers MA 01923

Elementary SchoolRiverside

High SchoolDanvers High School

Neighborhood(s)Ipswich

Area AmenitiesWalk/jog Trails

Contact Information for 31 Bates St, Danvers MA 01923

Agent

Name: Christopher Blasczak

Office

Name: Real Broker MA, LLC

Phone: 855-450-0442

Payment Calculator

, Interest

Property Taxes 656

Principal & Interest 5852.98

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Real Broker MA, LLC

Christopher Blasczak

Agent Phone

Office Phone

(855) 450-0442

Text Agent Call Agent Call Office

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    [unparsed] => 31 Bates St, Danvers MA 01923
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EXIT

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