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23 Poplar St 01923, Danvers

$1,525,000

For Sale

3653 SqFt

Size

7

Bedrooms

5

Bathrooms

73543444

Property Id

Property image 1
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Description

Rare opportunity to acquire a 5-unit multifamily property in a popular and accessible Danvers location! Situated on a corner lot with approximately 3,653 square feet of living area, this income-producing asset consists of a desirable mix of five 2BD/1BA and 1BD/1BA units, generating approximately $119,000 in annual gross income. The property offers desirable tenant amenities including ample off-street parking with two spaces per unit and common laundry facilities. Several units feature updated kitchens, renovated baths, refreshed flooring, and spacious layouts, while the building retains much of its original character and charm. Two units have the added benefit of private exterior entrances. Located near downtown Danvers, shopping, restaurants, parks, commuter routes, and public transportation, this is an attractive addition to any investment portfolio. Strong in-place cash flow, stable tenancy, and future upside potential make this a compelling offering.

Address

Address23 Poplar St 01923 Danvers, MA
CountryUS
Property Type

Residential Income

Property Class

ResidentialProperty

Style

5+ Family - 5+ Units Up/Down

Transaction Type

Sale

Year Built

1900

Total Rooms

15

Bedrooms

7

Bathrooms (Full)

5

Square Feet

3,653 sqft

Lot Size

8,058 sqft

Heating

Hot Water, Natural Gas

Cooling

None

Flooring

Tile, Carpet, Hardwood, Wood

Parking

10

Total Rooms

15

Bedrooms

7

Full Bathrooms

5

Flooring

Tile, Carpet, Hardwood, Wood

Appliances

Washer, Dryer, Range, Refrigerator, Dishwasher

Heating

Hot Water, Natural Gas

Cooling

None

List Price

$1,525,000

Original Price

$1,525,000

Price per Sqft

$417

Annual Property Taxes

$10,297

Tax Assessment Year

2026

Monthly Tax Estimate

$858

MLS Pin© 2026 MLS Property Information Network, Inc. (MLSPIN). The property listing data and information 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 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 set forth herein. This information was last updated on Saturday, July 4, 2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Please contact Pizzo Johanson Team directly for additional information pertaining to the status and availability of properties displayed on this website.