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23 Poplar St

Danvers, MA 01923
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Bed 7

Bed

Bath 5

Bath

SqFt3,653

Sqft

Acres0.18

Acre(Lot)

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 transporta tion, 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,525,000

AD Id : 87368137

MLS Id : 73543444

Beds : 7

Lot Size : 0.18 Acre

Living Area Size : 3,653

Year Built : 1900

County : Essex

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Map

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Feature Features

  • Bathroom Information

    Total Baths: 5 Full Baths: 5

    Room Information

    Total Bedroom: 7
  • Flooring Information

    Tile, Carpet, Hardwood, Wood
  • Roofing Information

    Slate
  • Interior Features

    Bathroom With Tub & Shower, Bathroom with Shower Stall, Kitchen, Office/Den, Living Room Roof: Slate Appliances: Washer, Dryer, Range, Refrigerator, Dishwasher
  • Heating & Cooling

    Heating: Hot Water, Natural Gas Cooling: None WaterSource: Public

  • Building Information

    Year Built: 1900 Construction Materials: Frame
  • Exterior Features

    Balcony, Rain Gutters
    Foundation Details: Stone, Brick/Mortar
    Porch: Porch
  • Road Types

    Paved
    Public

  • Lot Information

    Lot Description: Corner Lot, Level Lot Size Area: 0.18 Lot Size Units: Acres Lot Square Feet: 8,058 Lot Acres: 0.18 Waterfront: Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public) Stories: 5 Main Square Feet: 0.18

    Property Information

    Property Type: Residential Income Sub Type: 5+ Family - 5+ Units Up/DownSQ ft (Living Area): 3,653

  • Listing Price Information

    Original Listing Price: $1525000

  • Tax Information

    Tax Lot: 128 Parcel Number: 1877786 Annual Tax: $10297

  • Parking Information

    Parking Total: 10 Paved Drive, Off Street, Paved

  • Senior High School: Danvers High School
  • Location Information

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

Address Estimate Bed Bath Sq. Ft Lot Size
35 Doty Ave, Danvers, MA, 01923 $2,100,000 4 5 4,728 4,728 SqFt
6 Vista Dr, Danvers, MA, 01923 $834,900 5 4 3,515 3,515 SqFt
7 Riverside Street, Danvers, MA, 01923 $949,998 5 3 2,823 2,823 SqFt
90 Water St, Danvers, MA, 01923 $749,000 3 2 1,872 1,872 SqFt
109-111 Liberty St, Danvers, MA, 01923 $775,000 4 1 1,688 1,688 SqFt
162 High St #B, Danvers, MA, 01923 $744,995 3 3 1,923 1,923 SqFt
39 Needham Rd, Danvers, MA, 01923 $1,200,000 6 5 3,704 3,704 SqFt
19 Edmunds Cove, Danvers, MA, 01923 $899,900 4 4 2,890 2,890 SqFt
18 Hardy St, Danvers, MA, 01923 $685,000 3 2 1,998 1,998 SqFt
96 Ash Street, Danvers, MA, 01923 $825,000 4 3 2,367 2,367 SqFt

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ByOwner last updated this listing 07/05/2026 @ 06:25

MLS: 73543444 LISTED BY: The Pizzo Group, Aluxety 800-806-3212 SOURCE: MLS Property Information Network

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