4 Butler Ave Danvers MA 01923 MLS #73459936

There are multiple listings for this address:
4 Butler Ave
Danvers, MA, 01923
$1,499,999
7 Beds
5 Baths
4,222 SqFt
0.21 Acres
$1,499,999
4 Butler Ave
Danvers, MA, 01923
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*

Property Details

Price:
$1,499,999
MLS #:
73459936
Status:
Active
Beds:
7
Baths:
5
Address:
4 Butler Ave
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
Neighborhood:
danverscenter
City:
Danvers
Listed Date:
Dec 4, 2025
State:
MA
Finished Sq Ft:
4,222
Total Sq Ft:
4,222
ZIP:
01923
Lot Size:
8,999 sqft / 0.21 acres (approx)
Year Built:
1900
Units:
5

Schools

Interior

Appliances
Washer, Dryer, Range, Refrigerator
Bathrooms
5 Full Bathrooms
Cooling
Window Unit(s)
Fireplaces Total
1
Flooring
Wood, Vinyl, Carpet, Varies, Laminate, Hardwood
Heating
Natural Gas, Hot Water

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School
Construction Materials
Frame
Exterior Features
Garden
Parking Features
Paved Drive, Leased
Parking Spots
7
Roof
Shingle

Financial

Net Operating Income
$101,058
Tax Year
2025
Taxes
$10,100
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing
Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

More About Marie

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4 Butler Ave
Danvers, MA
4 Butler Ave
Danvers, MA, 01923
$1,499,999
Beds
0 Baths
0 SqFt
0.21 Acres
$1,499,999
4 Butler Ave
Danvers, MA, 01923
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*

Property Details

Price:
$1,499,999
MLS #:
73460207
Status:
Active
Beds:
0
Baths:
0
Address:
4 Butler Ave
Type:
Commercial
Subtype:
5+ Family – 5+ Units Up/Down
Neighborhood:
danverscenter
City:
Danvers
Listed Date:
Dec 5, 2025
State:
MA
Total Sq Ft:
4,222
ZIP:
01923
Lot Size:
8,999 sqft / 0.21 acres (approx)
Year Built:
1900

Schools

Interior

Appliances
Washer, Dryer, Range, Refrigerator
Bathrooms
5 Full Bathrooms
Cooling
Window Unit(s)
Fireplaces Total
1
Flooring
Wood, Vinyl, Carpet, Varies, Laminate, Hardwood
Heating
Natural Gas, Hot Water

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School
Construction Materials
Frame
Exterior Features
Garden
Parking Features
Paved Drive, Leased
Parking Spots
7
Roof
Shingle

Financial

Net Operating Income
$101,058
Tax Year
2025
Taxes
$10,100
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing
Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

More About Marie

Mortgage Calculator

 

Map

Similar Listings Nearby