147 High St Danvers — Photo 1 of 42
$1,100,000
Investment Analysis — 147 High St
Danvers, MA 01923
Based on rent reported on the MLS listing, a 3-unit multi-family in 01923 carries $7,675/mo in gross rent — about a 5.48% cap rate and $60,312/yr in estimated NOI at the $1,100,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
4
SqFt
3,025
Style
3 Family
Built
1900
RARE DANVERS THREE-FAMILY, NOW UPDATED! Three-family homes rarely come up for sale in Danvers, and this one just got even better. Freshly updated with new kitchens, flooring, and refreshed bathrooms, this three-unit property sits in a prime Danvers location just minutes from downtown shops, dining, and everyday conveniences. Two of the three units are vacant and move-in ready, giving an investor or owner-occupant instant cashflow from day one, while the third studio unit is currently occupied and already producing income. All apartments feature luxury vinyl plank flooring for a clean, modern feel throughout. The upper unit is a desirable townhouse-style layout spanning two floors with two full bathrooms, ideal for long-term tenancy or owner use. Major systems were updated approximately 12 years ago, including the roof, windows, and siding, so the big-ticket items are already handled. Easy access to Route 128, I-95, and nearby commuter routes makes this a smart investment in a high-demand area with limited multi-family inventory. Opportunities like this do not last. Schedule your showing today!
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Property History
$1,100,000
Sep 9, 2026
MLS® 73573941
$1,100,000
Apr 15, 2026
MLS® 73472198
$1,100,000
Jan 28, 2026
MLS® 73472198
Listing Agent: The Deborah Lucci Team
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73573941
