Share This Listing

Message

968 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

23 Hyde St
Danvers, MA 01923
Multifamily Property For Sale · 5 Units

Executive Summary

23 Hyde Street presents a well-located five-unit multifamily investment opportunity in Danvers. The property consists of a total of five residential units, including four 1-bedroom, 1-bath apartments and one 2-bedroom, 1-bath unit, offering a desirable and efficient unit mix that appeals to a broad tenant base. The asset benefits from ample off-street parking, enhancing tenant convenience and overall marketability.
Strategically positioned near major commuter routes, the property provides easy access to surrounding North Shore communities and is just minutes from shopping centers, dining, and retail amenities. Its strong location supports consistent rental demand and long-term stability.
This offering represents an attractive opportunity for investors seeking a stabilized asset with the potential to further increase revenue through rental growth and operational efficiencies in a high-demand rental market.

Property Facts

Price Per Unit $482,534 CAD
Sale Type Investment
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.56 AC
Building Size 5,268 SF
Average Occupancy 100%
No. Stories 3
Year Built 1895
Parking Ratio 1.13/1,000 SF
Zoning Residential 1

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
5+1 5 - -

Property Taxes

Property Taxes

Parcel Number
DANV-000057-000000-000136
Land Assessment
$480,329 CAD
Improvements Assessment
$791,908 CAD
Total Assessment
$1,272,237 CAD
  • Listing ID: 40133541

  • Date on Market: 2026-04-13

  • Last Updated:

  • Address: 23 Hyde St, Danvers, MA 01923

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}