Seller's Agent in 2026
Jennifer Crowe
Atlantic Coast Homes,Inc
(978) 505-1158
14 in this area
44 Total Sales
4 Butler Ave Danvers, MA 01923
7
Beds
5
Baths
4,222
Sq Ft
9,148
Sq Ft Lot
Highlights
- Marina
- Property is near public transit and schools
- 1 Fireplace
- Medical Services
- Wood Flooring
- Jogging Path
About This Home
As of March 2026Exceptional 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
Home Type
- Multi-Family
Est. Annual Taxes
- $10,100
Year Built
- Built in 1900
Lot Details
- 8,999 Sq Ft Lot
- Garden
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 4,222 Sq Ft Home
- 1 Fireplace
- Window Screens
- Living Room
- Storage
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Range
Flooring
- Wood
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Parking
- 7 Car Parking Spaces
- Leased Parking
- Driveway
- 7 Open Parking Spaces
Outdoor Features
- Bulkhead
- Porch
Location
- Property is near public transit and schools
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Hot Water Heating System
Listing and Financial Details
- Total Actual Rent $11,100
- Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
- Assessor Parcel Number M:043 L:151 P:,1877810
Community Details
Overview
- 5 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Marina
- Park
- Jogging Path
- Bike Trail
Building Details
- Electric Expense $768
- Insurance Expense $4,262
- Water Sewer Expense $2,760
- Operating Expense $10,642
- Net Operating Income $101,058
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/02/2026 03/02/26 | Sold | $1,475,000 | -1.7% | $349 / Sq Ft | |
| 01/05/2026 01/05/26 | Pending | -- | -- | -- | |
| 01/05/2026 01/05/26 | For Sale | $1,499,999 | 0.0% | $355 / Sq Ft | |
| 12/18/2025 12/18/25 | Pending | -- | -- | -- | |
| 12/04/2025 12/04/25 | For Sale | $1,499,999 | +36.4% | $355 / Sq Ft | |
| 06/24/2021 06/24/21 | Sold | $1,100,000 | -4.4% | $269 / Sq Ft | View Prior Sale |
| 04/15/2021 04/15/21 | Pending | -- | -- | -- | |
| 04/12/2021 04/12/21 | Price Changed | $1,150,050 | 0.0% | $282 / Sq Ft | |
| 03/18/2021 03/18/21 | Price Changed | $1,150,000 | -4.2% | $282 / Sq Ft | |
| 03/08/2021 03/08/21 | For Sale | $1,200,000 | 0.0% | $294 / Sq Ft | |
| 02/23/2021 02/23/21 | Pending | -- | -- | -- | |
| 02/16/2021 02/16/21 | For Sale | $1,200,000 | -- | $294 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,100 | $919,000 | $337,700 | $581,300 |
| 2024 | $9,788 | $881,000 | $314,000 | $567,000 |
| 2023 | $9,854 | $838,600 | $292,700 | $545,900 |
| 2022 | $9,257 | $731,200 | $266,600 | $464,600 |
| 2021 | $9,708 | $727,200 | $262,600 | $464,600 |
| 2020 | $8,472 | $648,700 | $227,500 | $421,200 |
| 2019 | $8,420 | $634,000 | $213,300 | $420,700 |
| 2018 | $8,514 | $628,800 | $228,700 | $400,100 |
| 2017 | $7,209 | $508,000 | $177,800 | $330,200 |
| 2016 | $6,958 | $490,000 | $169,500 | $320,500 |
| 2015 | $6,695 | $449,000 | $154,100 | $294,900 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Crowe
-
Vin Scifo
Buyer's Agent in 2026
Vin Scifo
Lamacchia Realty, Inc.
(978) 404-1180
1 in this area
63 Total Sales
-
Nick Zolotas
Seller's Agent in 2021
Nick Zolotas
Herrick Lutts Realty Partners
(978) 969-3427
10 in this area
34 Total Sales
-
Herrick Lutts Realty Partners
H
Seller Co-Listing Agent in 2021
Herrick Lutts Realty Partners
Herrick Lutts Realty Partners
28 in this area
199 Total Sales
-
Joyce Cucchiara
Buyer's Agent in 2021
Joyce Cucchiara
Coldwell Banker Realty - Lynnfield
(978) 808-1597
12 in this area
187 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73459936
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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