Hobart Street Apartments

  • Title

    Multifamily Property for Sale

  • City

    Danvers, MA

  • Price

    $1,100,000

  • Cap Rate

    6.27 %

  • Gross Leasable Area

    4,400 SF

  • No. Units

    6

  • Price/SF

    $250.00

  • Price/Unit

    $183,333

  • No. Stories

    3

  • Property Type

    Multifamily

  • Year Built

    1966

Not found amenities.

Northeast Private Client Group is pleased to present the Hobart Street Apartments. Located at 81 Hobart Street in Danvers, MA.

This brick building built in 1966, sits on 0.374 acres, consisting of 5 two bedroom & 1 one bedroom units. Tenant paid electric. Heating type is forced H/W & fuel is oil. Hip roof structure & cover is asphalt. All units have deleaded certificates.

Tenants enjoy on site-laundry and off street parking. Easy accessibility to Route 128, approximately 35 minutes from Boston.

Value add opportunity through interior upgrades and renovation.

Danvers, Essex County, MA 01923