Realty One Group, LLC
Kim Thomas - Realty One Group, LLCPhone: (508) 889-0101
Email: [email protected]
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listing
1 of 25
MultifamilyFor Sale
$9,500,000
23 Prince St
Danvers, MA 01923
Courtesy of Horvath & Tremblay - Kelleher - Pentore Team
MLS Property Information Network
66Beds
22Full22Half Baths
41,680Sq Ft
Est. Mortgage
$49,137/mo

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.

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Information courtesy of Horvath & Tremblay is subject to verification and is not guaranteed.
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