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23 Poplar St
Danvers, MA 01923 Danvers MA

$1,525,000 USD

Multifamily For Sale • 3,653 SF

Property Details

Property Type Multifamily
Total Building Size 3,653 SF
Lot Size 0.18 AC
Year Built 1900
Cap Rate 5.25 %
Zoning R1

0 Transit Score

50 Walk Score

                
                    Highlights
                
                                Ample off-street parking with two spaces per unit
                            
                                Coin operated in-building laundry
                            
                                Updated kitchens and renovated bathrooms
                            
                                Two units with private exterior entrances 
                            
                                Corner lot in a popular and accessible location

Property Flyers

23 Poplar St Brochure

Floor Plans

Financial Summary (Proforma)

Net Operating Income: $80,077 USD (2026)

Cap Rate:	5.25 %
Total Expenses:	$33,095 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
North Beverly (Newburyport/Rockport Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line))	6 min	-	3.3 mi
Beverly Depot (Newburyport/Rockport Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line))	6 min	-	3.3 mi
Airport	Drive	Walk	Distance
General Edward Lawrence Logan International	32 min	-	19.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	10
Type:	Surface
Included in Rent:	Yes

Henry Pizzo 978-317-6139 Aluxety

23 Poplar St Danvers, MA 01923 Danvers MA