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*
Sold for $1,475,000
$1,475,000
4 Butler Ave, Danvers, MA 01923
7beds
4,222sqft
5+ Family - 5+ Units Up/Down
Built in 1900
-- sqft lot
$-- Zestimate®
$349/sqft
$3,640 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,640/mo
Zestimate® history
Owner options
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$3,640/mo
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$3,640/mo
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$9,115/mo
Est. payment
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$9,115/mo
Est. payment
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Dedicated off-street parking
Zillow last checked:
Listing updated:
Listed by:
Jennifer Crowe 978-505-1158,
Atlantic Coast Homes,Inc 978-777-4444
Bought with:
Vincent Scifo, Jr.
Lamacchia Realty, Inc.
Source: MLS PIN,MLS#: 73459936
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Natural Gas, Hot Water
Cooling
- Window Unit(s)
Appliances
- Included: Washer, Dryer, Range, Refrigerator
Features
- Storage, Pantry, Bathroom With Tub & Shower, Remodeled, Living Room, Kitchen
- Flooring: Wood, Vinyl, Carpet, Varies, Laminate, Hardwood
- Windows: Screens
- Basement: Full,Bulkhead,Unfinished
- Number of fireplaces: 1
Interior area
- Total structure area: 4,222
- Total interior livable area: 4,222 sqft
- Finished area above ground: 4,222
Property
Parking
- Total spaces: 7
- Parking features: Paved Drive, Leased
- Uncovered spaces: 7
Features
- Patio & porch: Porch
- Exterior features: Garden
Lot
- Size: 8,999 Square Feet
Details
- Parcel number: M:043 L:151 P:,1877810
- Zoning: R1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School
Location
- Region: Danvers
Financial & listing details
- Price per square foot: $349/sqft
- Tax assessed value: $993,200
- Annual tax amount: $10,100
- Date on market: 1/28/2026
- Total actual rent: 11100
Price history
| Date | Event | Price |
|---|---|---|
| 3/2/2026 | Sold | $1,475,000-1.7%$349/sqft |
Source: MLS PIN #73459936 Report a problem | ||
| 1/7/2026 | Contingent | $1,499,999$355/sqft |
Source: MLS PIN #73459936 Report a problem | ||
| 1/5/2026 | Listed for sale | $1,499,999$355/sqft |
Source: MLS PIN #73459936 Report a problem | ||
| 12/19/2025 | Contingent | $1,499,999$355/sqft |
Source: MLS PIN #73459936 Report a problem | ||
| 12/4/2025 | Listed for sale | $1,499,999$355/sqft |
Source: MLS PIN #73459936 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 01923
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Nearby schools
GreatSchools rating
- 5/10Great Oak Elementary SchoolGrades: K-5Distance: 0.5 mi
- 4/10Holten Richmond Middle SchoolGrades: 6-8Distance: 0.6 mi
- 5/10Danvers High SchoolGrades: 9-12Distance: 1 mi
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- Massachusetts
- Essex County
- Danvers
- 01923
- 4 Butler Ave
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