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23 Hyde St
Danvers, MA 01923
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Consistent Rental Demand <ul><li><strong>Stable Cash-Flowing Asset</strong> – Five-unit multifamily with a proven unit mix positioned for consistent rental income</li><li><strong>Favorable Unit Composition</strong> – Four 1BR/1BA units and one 2BR/1BA unit catering to strong workforce housing demand</li><li><strong>Value-Add Opportunity</strong> – Potential to increase rents through unit turnover, cosmetic upgrades, and operational efficiencies</li><li><strong>High-Demand Rental Location</strong> – Danvers continues
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
