23 Poplar St, Danvers, MA 01923
23 Poplar St, Danvers, MA 01923
23 Poplar St, Danvers, MA 01923
41
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$1,525,000
Est. payment /mo
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7 Beds
5 Baths
3,653 SqFt
New

23 Poplar St Danvers, MA 01923

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Eric Coury

Eric Coury

Keller Williams Elite

+1(508) 838-6956

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 3,653 sqft

Price per Sqft $417

MLS Listing ID 73543444

Bedrooms 7

Full Baths 5

Year Built 1900

Annual Tax Amount $10,297

Tax Year 2026

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property 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.

Location

State MA

County Essex

Zoning R1

Direction On the corner of Poplar and Locust. Oversize driveway parking to the right of the house on Poplar.

Interior

Interior Features Bathroom With Tub & Shower, Bathroom with Shower Stall, Kitchen, Office/Den, Living Room

Heating Hot Water, Natural Gas

Cooling None

Flooring Tile, Carpet, Hardwood, Wood

Appliance Washer, Dryer, Range, Refrigerator, Dishwasher

Exterior

Exterior Feature Balcony, Rain Gutters

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, Sidewalks

Waterfront Description Ocean,1 to 2 Mile To Beach,Beach Ownership(Public)

Roof Type Slate

Total Parking Spaces 10

Garage No

Building

Lot Description Corner Lot, Level

Story 5

Foundation Stone, Brick/Mortar

Sewer Public Sewer

Water Public

Schools

High Schools Danvers High School

Others

Senior Community false

Listed by Aluxety
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Tricia Coury
Tricia Coury

Executive Real Estate Specialist - Team Leader | License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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Tricia Coury
Tricia Coury

Executive Real Estate Specialist - Team Leader | License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Keller Williams Elite, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.