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Off market
  • $6,935,800

    20 Locust St, Danvers, MA 01923

    --beds
    0baths
    25,807sqft
    MultiFamily
    Built in 2020
    -- sqft lot
    $6,935,800 Zestimate®
    $269/sqft
    $2,976 Estimated rent

    Home value

    $6,935,800

    $5.41M - $8.88M

    $2,976/mo

    Zestimate® history
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    $43,538/mo

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    What's special

    Colliers' Multifamily Advisory Group is pleased to present the opportunity to acquire 20 LOCUST STREET, a 24 unit boutique apartment building in downtown Danvers, just 20 miles north of Boston, Massachusetts. The property is comprised of 24 luxury apartments and +/- 6,388 square feet of ground floor retail space. The apartments can be purchased together or separately from the retail space. The luxury apartments homes offer unique and spacious layouts and best-in-market unit finishes, as well as a tremendous walkable amenity-rich town center location. These features are unique and when combined with immediate access to transit, highways and employment hubs in Boston, Cambridge and along Rt-1/128/I-95, 20 LOCUST STREET represents a compelling location for tenants and investment opportunity that is poised for long term rent growth and value appreciation.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Electric
    Features
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 25,807 sqft

    Property

    Parking
    • Total spaces: 52
    Features
    • Exterior features: Other
    Lot
    • Size: 1 Acres
    Details
    • Parcel number: DANVM043L147P

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Other
    Condition
    • Year built: 2020

    Community & neighborhood

    Location
    • Region: Danvers

    Other

    Other facts
    • Rms Dscrp 2: Living Rm/Dining Rm Combo, Office/Den
    • Amenities: Other (see Remarks)
    • Foundation: Other (see Remarks)
    • Rms Dscrp 3: Living Rm/Dining Rm Combo
    • Rms Dscrp 1: Living Rm/Dining Rm Combo
    • Mf Type: 5+ Family - 5+ Units Up/Down
    • Lot Description: Other (see Remarks)

    Price history

    DateEventPrice
    2/15/2021Listing removed--
    Source: MLS PIN #72695190
    12/25/2020Price change$10,000,000+49999900%$387/sqft
    Source: MLS PIN #72683182
    7/25/2020Price change$20-100%
    Source: MLS PIN #72695190
    6/30/2020Listed for sale$10,000,000$387/sqft
    Source: Colliers International #72683182

    Public tax history

    YearProperty taxesTax assessment
    2025-- $5,997,700 +4.9%
    2024-- $5,719,100 +48.3%
    2023-- $3,855,300

    Find assessor info on the county website

    Neighborhood: 01923

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $6,935,800

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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $6,935,800