83 Holten St Danvers — Photo 1 of 32
$1,650,000
Investment Analysis — 83 Holten St
Danvers, MA 01923
Based on rent reported on the MLS listing, a 5-unit multi-family in 01923 carries $10,850/mo in gross rent — about a 5.16% cap rate and $85,157/yr in estimated NOI at the $1,650,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
5
SqFt
3,809
Style
5+ Family - 5+ Units Up/Down
Built
2011
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.
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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Shopping • Park • Medical Facility • Laundromat • Bike Path • Highway Access
Geography
Listing Agent: Herrick Lutts Realty Partners
Listing Office: Herrick Lutts Realty Partners
MLS® Number: 73575552
