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.
Multi-familyProperty Type
2011Year Built
8,692 sq ftLot Size
$433Price/Sq.Ft.
2 garage spacesParking
Listed by Herrick Lutts Realty Partners• Herrick Lutts Realty Partners
Listed by Nicholas Zolotas• Herrick Lutts Realty Partners
Newly Renovated in 2012, Townhouse Style Living ---- Units 1, 2 & 3 - 1st floor level - Kitchen with stainless steel appliances including dishwasher, microwave, granite counters, open concept Kitchen/Living area. 2nd floor level - Bedroom, large closet, combo washer/dryer in closet and Bathroom with ceramic tile and shower stall. Hardwood Floors Throughout, Central A/C, Gas Heat. Lower level - Bonus room with finished walls, great for storage or extra living space. 2 assigned parking spots. Units 4 & 5 - 2nd floor level - Kitchen with stainless steel appliances including dishwasher, microwave, granite counters, open concept Kitchen/Living area and combo washer/dryer in closet. 3rd floor level - Bedroom, large closet and Bathroom with ceramic tile and shower stall. Hardwood Floors Throughout, Central A/C, Gas Heat. Lower level - Bonus room with finished walls, great for storage or extra living space. 1 Garage Under and 1 assigned parking spots.
Year
Property tax
Land + Additions
Assessment*
2023
$13,059 (+8.3%)
$277,400 + $834,000
$1,111,400
2022
$12,062 (−4.0%)
$242,000 + $710,800
$952,800
2021
$12,564 (+7.4%)
$219,500 + $721,600
$941,100
2020
$11,695 (−0.9%)
$212,400 + $683,100
$895,500
2019
$11,799 (+2.9%)
$205,400 + $683,100
$888,500
2018
$11,470 (+10.9%)
$199,500 + $647,600
$847,100
2017
$10,342 (+3.1%)
$185,300 + $543,500
$728,800
2016
$10,027 (+12.7%)
$177,000 + $529,100
$706,100
2015
$8,898 (+2.2%)
$239,300 + $357,500
$596,800
2014
$8,710 (+23.3%)
$239,300 + $347,200
$586,500
2013
$7,065
$239,300 + $246,600
$485,900
2012
$239,300 + $43,700
$283,000
2011
$239,300 + $164,900
$404,200
2010
$239,300 + $176,100
$415,400
2009
$268,000 + $190,100
$458,100
Public record
Beds
5
Baths
5
Stories
2
Lot width
—
Lot depth
—
Lot size
8,712 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
3,646
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,646
Year built
1900
Style
Multi-Family (5+ Unit)
County
Essex County
APN
1879173
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2023.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 95° expected this year, 15 days in 30 years
6/10 Wind Factor
65% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Danvers, MA • 01923
Average low and high temperatures (°F)
33
20
36
21
49
32
57
41
67
51
79
62
82
66
78
60
73
55
63
46
53
37
39
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
83/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 83 Holten St
There isn’t enough information to generate an accurate estimate at this time. Learn More
This home is pending
The seller has accepted an offer, and this property is now pending.