83 Holten St - Apartments FOR SALE


Danvers, MA 01923- Danvers MA
$1,650,000 USD
978-968-0308
83 Holten St, Danvers, MA for Sale
$1,650,000 USD
Apartments - FOR SALE
1/35
null | 5.34% Cap Rate

83 Holten St
Danvers, MA 01923
Danvers MA


HIGHLIGHTS

  • High-visibility location
  • Strong traffic exposure
  • Easy access to Route 128/I-95
  • 10 off-street parking spaces
  • Near major retailers and restaurants
  • Strong local demographics and household incomes

OVERVIEW

Excellent investment opportunity at 83 Holten Street in Danvers! Built in 2011, this well-maintained 5-unit multifamily property consists of five spacious one-bedroom apartments offering modern finishes and comfortable living. Each unit features stainless steel appliances, granite countertops, forced hot-air heating, and central air conditioning. Two units include private garage parking, while the remaining units share eight additional exterior parking spaces—a major convenience for tenants. The property has been meticulously maintained, with immaculate units and a newer construction profile that sets it apart from many traditional multifamily properties. Ideally located in Danvers with convenient access to major highways, shopping, restaurants, and area amenities. A strong opportunity for investors looking to add a quality, low-maintenance multifamily asset to their portfolio.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$1,310 USD /SF

# OF UNITS

5

PRICE/UNIT

$330,000

CAP RATE

5.34%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,682 SF

ZONING

C1A

APN/PARCEL ID

DANV-000050-000000-000184

ASK ABOUT THIS PROPERTY

Nick ZolotasHerrick Lutts Realty PartnersMore Info
978-968-0308

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Nick ZolotasHerrick Lutts Realty PartnersMore Info
978-968-0308

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.