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4 Butler AveDanvers, MA 01923

For Sale

$1,499,999

Smart Buyer Rebate $7,500

Exceptional investment opportunity! This well-maintained 5-family property offers 7 bedrooms+ and 5 bathrooms across multiple units, providing a strong foundation for steady rental income or multi-generational living. Located in a prime area, the property is close to shops, restaurants, transit & local amenities—highly attractive to prospective tenants. Each unit benefits from dedicated off-street parking. Utilities are fully separated, placing operating costs directly with tenants and maximizing net returns. The basement features a co-operated laundry setup for tenants, creating additional convenience and income potential. This property is low maintenance and turnkey. Brand new back stairs/deck. Many upgrades in varying units. Great tenants. Whether you’re expanding your portfolio or seeking a reliable income-producing asset, this property delivers consistent demand and exceptional investment performance.** Group showings ONLY by appointment—reach out to LIST agent for more info*

Listed by Jennifer Crowe

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Atlantic Coast Homes,Inc

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978-505-1158

Last updated December 08, 2025

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Source: MLSPin #73459936

Listing Facts

  • TypeMulti-family
  • NeighborhoodDanvers
  • Bedrooms7
  • Bathrooms5
  • Days on Prevu8
  • Taxes$10,100/year
  • Size4,222 sqft
  • Price per sqft$355

Amenities

  • Private Outdoor Space
  • Washer/Dryer
  • Parking

Location

Mortgage Calculator

Listing History

12/04/2025
Listed by Atlantic Coast Homes,Inc
$1,499,999

Property Details for 4 Butler Ave

Association

Amenities

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House Of Worship, Marina, Private School, Public School

Exterior

Construction

  • Number Of Units Total: 5
  • Roof: Shingle
  • Stories: 5
  • Stories Total: 5
  • Window Features: Screens
  • Year Built: 1900
  • Year Built Details: Actual
  • Construction Materials: Frame
  • Exterior Features: Garden

Features

  • Patio And Porch Features: Porch
  • Road Frontage Type: Public

Measurements

  • Building Area Total: 4,222
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.21
  • Lot Size Area: 0
  • Lot Size Square Feet: 8,999
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $111,700.00
  • Operating Expense: $10,642.00

Taxes

  • Parcel Number: M:043 L:151 P:,1877810
  • Tax Annual Amount: $10,100.00
  • Tax Assessed Value: $993,200.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Washer, Dryer, Range, Refrigerator
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Wood, Vinyl, Carpet, Varies, Laminate, Hardwood
  • Interior Features: Storage, Pantry, Bathroom With Tub & Shower, Remodeled, Living Room, Kitchen

Measurements

  • Living Area: 4,222
  • Living Area Source: Public Record

Rooms

  • Basement: Full, Bulkhead, Unfinished
  • Bathrooms Full: 5
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 7
  • Rooms Total: 18

Parking

Parking

  • Open Parking Spaces: 7
  • Open Parking: Yes
  • Parking Features: Paved Drive, Leased
  • Parking Total: 7

Utilities

Equipment

  • Cooling: Window Unit(s)
  • Has Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Utilities: For Gas Range
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 7 bedrooms and 5 bathrooms in this multi-family home at 4 Butler Ave.

Does this multi-family home have parking?

Yes, there are 7 parking spaces available for 4 Butler Ave.

What are the annual taxes for 4 Butler Ave?

Annual taxes for this multi-family home are estimated at $10,100.

How does 4 Butler Ave compare to other multi-family homes in Danvers?

This multi-family home is listed 50% above the average price for multi-family homes in Danvers and has been on the market for 82 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 4,222 sqft.

4 Butler Ave is a 7-bedroom, 5-bath multi-family home for sale in Danvers MA 01923. Listed on Prevu for 8 days at $1,499,999. This residence features 4,222 square feet of living space, located in Danvers. The median listing price for multi-family homes in this area is $775,000. Property amenities include private outdoor space, parking, and washer/dryer. Explore more multi-family home listings in Essex County.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.