$9,500,000

23 Prince St, Danvers, MA 01923

  • 66 beds |
  • 44 baths |
  • 41,680 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1997
  • Property Lot Size Icon11.91acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $228/sqft
  • Property List Date Icon Listed 4 days ago

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.

Listing Status:
Active
Date Added:
June 17, 2025 at 05:00AM
Listing Office:
Horvath & Tremblay : 781-776-4000
Listing Agent:
Kelleher - Pentore Team : 781-776-4004
MLS ID:
73391932
  • Basement: FullPartially Finished
  • Fireplace: Fireplaces: 0

This listing courtesy of Kelleher - Pentore Team, Horvath & Tremblay

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Highlands Elementary School

190 Hobart St, Danvers, MA, 01923

Grades KG-5

0.22 miles away

H

Holten Richmond Middle School

55 Conant St, Danvers, MA, 01923

Grades 6-8

1.74 miles away

D

Danvers High School

60 Cabot Rd, Danvers, MA, 01923

Grades 9-12

2.10 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.