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20 Locust StreetDanvers, MA 01923Price: $10,000,000

  • Price: $10,000,000
  • Est. Mortgage of $/month
  • 201 Days on Market
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Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $10,000,000List Price
  • 1Acreage
  • 25,807Square Feet

Listing Tools

Listed by Christopher Sower of Colliers International
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.

Property Details of 20 Locust Street

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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