23 Hyde Street presents a well-located five-unit multifamily investment opportunity in Danvers. The property consists of a total of five residential units, including four 1-bedroom, 1-bath apartments and one 2-bedroom, 1-bath unit, offering a desirable and efficient unit mix that appeals to a broad tenant base. The asset benefits from ample off-street parking, enhancing tenant convenience and overall marketability.
Strategically positioned near major commuter routes, the property provides easy access to surrounding North Shore communities and is just minutes from shopping centers, dining, and retail amenities. Its strong location supports consistent rental demand and long-term stability.
This offering represents an attractive opportunity for investors seeking a stabilized asset with the potential to further increase revenue through rental growth and operational efficiencies in a high-demand rental market.