12 Chestnut St Danvers, MA 01923
For Sale
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Spacious and well-appointed two-family home in a convenient Danvers location, ideal for both investors and owner-occupants. The first-floor unit offers 2 bedrooms and 1 full bath, featuring in-unit laundry and a functional, easy-living layout. The upper unit spans two levels and includes 3 bedrooms and 2 full bathrooms, providing ample living space and flexibility. Both units are outfitted with stainless steel appliances and in-unit laundry, adding to the property’s overall appeal. Additional highlights include a one-car garage and four off-street parking spaces, with two designated spots per unit. A strong opportunity for rental income or for an owner looking to offset expenses, with potential to further enhance value over time. Conveniently situated near shopping, dining, and major commuter routes. bikeScore: 57, Bikeable walkScore: 89, Very Walkable
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
2 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.