Renovated Duplex with Quartz
6 Trask St, Danvers, MA 01923
For Sale
$899,900
Each residence has updated kitchen finishes, and both units include dedicated laundry provisions.
Property Size2,077 SF
Price / SF$433.27
Days on Market18
Property Features for 6 Trask St
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Highway Access
Public Transit
Additional Details
Multifamily Units
Building Details
Building Size
Year Built
Listing Agency:
Coldwell Banker Realty - Lynnfield
(781) 334-5700
Listed By:
Donna Fiandaca
(978) 317-8869
Source:
Iverty
Added: Oct 21
Changed: Nov 7
Last Checked: Nov 7 at 4:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty - Lynnfield
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Investment Insights
Based on property information with market context.
This 2,077-square-foot duplex, built in 1900, contains two residences with shaker cabinetry, quartz countertops, stainless steel appliances, and luxury vinyl flooring. The first unit has one bedroom, finished hardwood or rustic pine floors, newer insulated windows, laundry hookups, and a rear porch. The second offers two bedrooms on the main level, two additional bedrooms upstairs, a full bath, a three-quarter bath, and a designated laundry area with a washer and dryer. Its windows were replaced in 2025. A lead-compliance certificate covers the second unit, shared areas, and exterior.
The property is one block from downtown Danvers, with access to local retail, dining, highways, and public transportation. Two parking spaces are provided. The property is offered as is.
The property is one block from downtown Danvers, with access to local retail, dining, highways, and public transportation. Two parking spaces are provided. The property is offered as is.
Key Highlights
- Two‑unit duplex with 2,077 square feet; built in 1900
- Second residence has four bedrooms across two levels and two bathrooms
- Quartz countertops and shaker cabinetry in both kitchens
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,990
Cap Rate
3.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$699,800
$699.8K
Cap Rate 7%
$499,857
$499.9K
Cap Rate 9%
$388,778
$388.8K
Market Conditions
NOI Build-Up for 2,077 SF
Gross rent
$52.3K $25.20/SF
− Vacancy
−$2.4K −$1.13/SF
EGI
$50.0K $24.07/SF
− OpEx
−$15.0K −$7.22/SF
NOI
$35.0K $16.85/SF
Area
Essex County, MA
Vacancy
4.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$699,800
Cap Rate 7%
$499,857
Cap Rate 9%
$388,778
Alternative Uses
Best Use
Multifamily LT 5
$499.9K
$437.4K – $583.2K
NOI $34,990 @ 7.0% cap · market cap 3.89%
Second Best
Apartment 5plus
$451.2K
$394.8K – $526.4K
NOI $31,584 @ 7.0% cap · market cap 3.51%
Theoretical Best
Office A
$1.23M
$1.08M – $1.43M
NOI $86,070 @ 7.0% cap · market cap 9.56%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
825
Businesses Nearby
Explore this area
Business Placement
Demographics for 01923, MA
27,987
Population
11,405
Households
2.5
Avg Household Size
46
Median Age
47%
College-Educated
95%
High-School Grad
13.2 sq mi
ZIP Area
2,120
Density / Sq Mi
$117,072
Median Household Income
$59,916
Median Earnings
$2,004
Median Rent
$611,200
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Essex County, MA
Properties on Market for Duplexes in Essex County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has updated kitchen finishes, and both units include dedicated laundry provisions.
Where is this duplex located?
The property is located at 6 Trask St Danvers, MA.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Two‑unit duplex with 2,077 square feet; built in 1900; Second residence has four bedrooms across two levels and two bathrooms; Quartz countertops and shaker cabinetry in both kitchens
