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47 Chase Street, Danvers MA 01923

$479,000

Estimated $1,388/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $239,500

Total Rent: 0/year

Estimated CAP Rate:

4 Bedrooms

Baths

1569

Total Parking: 5

10,736 (0.25)

ATTENTION CONTRACTORS, DEVELOPERS, AND INVESTORS! - Build equity, increase the value of your portfolio or begin your own real estate empire with this two-family property, a charming front porch and so much potential! Unit 1 - with hardwood flooring, has the option for one or two bedrooms, depending on your needs or preference. A nicely sized room off the living room could be a formal dining room or bedroom. A 2nd bedroom (or office) is near the kitchen. The bathroom, with a tub/shower combo, needs a bit of updating. The second unit has so many options. In addition to a private entrance, this 2-level apartment features hardwood flooring in an open living-dining area with a chair rail on 3 walls. Quartz countertops are in the kitchen and the nearby full bathroom with a tub/shower combination has white tile walls with classic black trim. The 2nd level has its own perks, including laminate flooring, eave storage and a roomy closet making storage a non-issue while 2 large (and similarly sized) rooms give you options. Use these as bedrooms one guest, one primary, or a primary and office/study, or make the entire space a primary bedroom. A large shed (with double doors), large lot and ample parking are attractive highlights. Close to 128, walk to town center, shopping, and more! Interior pictures to follow on Thursday and first showings begin Thursday, November 5 by appointment.

This home has been viewed 3 times

Last Checked: November 4th, 2026 at 10:48am (Source: MLS PIN #73598434)

Gross Income: $0

Gross Expenses: $7,334

Net Income Calc: $7,334

Annual Expenses for 47 Chase Street, Danvers MA 01923

Total Gross Expenses (Calculated)$7,334/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7334.73

Annual Income & Unit Breakdown for 47 Chase Street, Danvers MA 01923

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 47 Chase Street, Danvers MA 01923

Listing ID73598434

Property TypeMulti Family

Price479000 ($305.29/SqFt)

StyleMulti Family

CityDanvers

CountyEssex

Neighborhood(s)Ipswich

Approximate Living Area Total1569

Approximate Lot Size (Acres)0.25

Total Parking5

Garage Parking0

Year Built1940

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR1

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 47 Chase Street, Danvers MA 01923

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWall Mounted Tv's-Brackets To Remain

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 47 Chase Street, Danvers MA 01923

Real Estate Taxes7334.73

Tax Year2026

Assessed Value$667,400

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 47 Chase Street, Danvers MA 01923

Neighborhood(s)Ipswich

Area AmenitiesWalk/jog Trails

Contact Information for 47 Chase Street, Danvers MA 01923

Agent

Name: Andrea O'Reilly

Office

Name: Keller Williams Realty Evolution

Phone: 978-887-3995

Payment Calculator

, Interest

Property Taxes 611.23

Principal & Interest 2951.45

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty Evolution

Andrea O'Reilly

Agent Phone

Office Phone

(978) 887-3995

Text Agent Call Agent Call Office

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EXIT

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