23 Prince St, Danvers, MA 01923 – 73391932 - Christian Iantosca

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Christian Iantosca

christian@arborviewcompanies.com +1(617) 543-0501

$9,500,000

Est. payment - /mo

66 Beds

33 Baths

41,680 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Side by Side

Listing Status Active

Purchase Type For Sale

Square Footage 41,680 sqft

Price per Sqft $227

MLS Listing ID 73391932

Bedrooms 66

Full Baths 22

Half Baths 22

Year Built 1997

Annual Tax Amount $68,433

Tax Year 25

Lot Size 11.910 Acres

Acres 11.91

Property Sub-Type 5+ Family - 5+ Units Side by Side

Property Description

Spring Meadows Apartments consists of 3 buildings and contains a total of 22 units, comprised entirely of 3+Bedroom/1.5-Bathroom direct entry townhouse units. The Property has been well-maintained by current ownership and features ample off-street parking with 46 spaces and separate utilities with HVAC systems throughout and laundry hookups in each unit. Large units (approximately 2,000 square feet) offer spacious layouts with finished walkout basements and many units have been renovated with granite countertops and stainless-steel appliances. The Property offers upside through programmatic upgrades to the unrenovated units and by implementing additional improvements to modernize finishes and fixtures in the renovated units. Spring Meadows offers the opportunity to acquire a well-maintained investment property with upside in a desirable North Shore location. The subject property is ideal for a potential buyer looking for income growth and strong investment returns.

Location

State MA

County Essex

Zoning R2

Direction Please Use GPS

Rooms

Basement Full, Partially Finished

Exterior

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, Public School

Roof Type Shingle

Total Parking Spaces 46

Garage No

Building

Lot Description Level

Story 8

Foundation Other

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Horvath & Tremblay

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Christian Iantosca

+1(617) 543-0501

Broker, Owner | License ID: 9086154

Broker, Owner License ID: 9086154

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23 Prince St Danvers, MA 01923

Christian Iantosca

Key Details

Location

Rooms

Exterior

Building

Others

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23 Prince St