Danvers, MA20 Locust Street
Price$10,000,000
Est. Mortgage: $/month
MLS Number 72683182
- Multi-Family 5+ Family - 5+ Units Up/Down
- Total Parking Spaces 52
- MLS Status Active
- Year Built 2020
- Units 24
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.
Listed by Christopher Sower of Colliers International