12 Chestnut St, Danvers MA 01923
Danvers, MA 01923
$919,900
Est. $5,554/month
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About this home
*BACK ON MARKET DUE TO BUYER FINANCING* 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. SECOND FLOOR UNIT IN NOW VACANT. (SHOWINGS WILL BEGIN MONDAY, JUNE 29TH)
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Recently Sold Nearby
Property History
Market Insights
Property Timeline
Status: Active under contract
Jul 9, 2026
Active → Active Under Contract
Pending Sale
Jul 3, 2026
Offer accepted, sale pending
Back On Market
Jun 22, 2026
Active
Status: Active under contract
Apr 24, 2026
Active → Active Under Contract
Pending Sale
Apr 20, 2026
Offer accepted, sale pending
Listed for Sale
Apr 13, 2026
$919,900
Original listing
Agent: Herrick Lutts Realty Partners
Office: Herrick Lutts Realty Partners
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/09/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 07/03/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 06/22/2026 | • Back On Market | - | - | - | Active |
| 04/24/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 04/20/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 04/13/2026 | 🏠 Listed for Sale | $919,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $8,426 | $766,700 |
Financial Details
Annual Property Tax
$8,426
Tax Year 2025
Assessed Value
$766,700
Facts & Features
1 Car Garage
Home Facts
Type
Residential Income
Style
Multi Family
Year Built
1875
Living Area
2,273 sq ft
Lot Size
0.20 acres
Stories
3
Bedrooms
5
Full Baths
3
Total Rooms
9
Investment Metrics
Units
2
Unit 1 Rent
$2,635/mo · Y
Unit 2 Rent
— · N
Total Monthly Rent
$2,635/mo
Gross Income
$67,020
Net Operating Income
$67,020
Cap Rate
7.29%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
Full, Unfinished
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Garage Spaces
1
Has Garage
Yes
Features
Paved Drive, Off Street
Total Spaces
5
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$8,426
Assessed Value
$766,700
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Sq Ft Disclosures
Approx. Sqft
Documents
None
County
Essex
Total market time (incl. prior listings)
50 days
Property Overview
Property Type
Multi Family
Listing Type
Sale Pending
Year Built
1875
Bedrooms
5
Full Bathrooms
3
Living Area
2,273 sq ft
Total Rooms
9
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,273 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Full, Unfinished
Laundry:
Security:
Construction & Materials
Year Built:
1875
Structure Type:
Exterior Materials:
Roof:
Foundation:
Granite
Stories:
3
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Garage Spaces:
1
Total Parking Spaces:
5
Parking Features:
Paved Drive, Off Street
Nearby Schools
School District
Danvers School District local
A-
School Safety
2024-25
2.3%
Average
1.9%
Suspensions
2.3%
In-School
0.4%
Emergency
3.2% below state avg
Elementary Schools
7 schools
St. Mary of the Annunciation School
0.8 mi
Grades PK-08
Great Rock Christian Academy
2.4 mi
Grades PK-12
C+
Great Oak School
0.7 mi
|
#547 of 825
|
Score: 43.1
Dropped 196 spots from last year
-15.1 below state avg
278 students
Moderate
Grades K-05
B-
Willis E Thorpe School
0.8 mi
|
#438 of 825
|
Score: 46.4
Dropped 170 spots from last year
-11.8 below state avg
292 students
Less Diverse
Strong Attendance
Grades K-05
B+
Riverside School
1.0 mi
|
#290 of 825
|
Score: 51.0
Improved 146 spots from last year
-7.2 below state avg
323 students
Moderate
Rising School
Strong Attendance
Grades PK-05
B-
Highlands School
1.3 mi
|
#484 of 825
|
Score: 45.2
Improved 158 spots from last year
-13 below state avg
341 students
Moderate
Rising School
Grades K-05
B
Ivan G Smith School
1.4 mi
|
#357 of 825
|
Score: 48.8
Improved 16 spots from last year
-9.4 below state avg
361 students
Moderate
Strong Attendance
Grades K-05
Middle Schools
1 school
B-
Holten Richmond Middle School
0.4 mi
|
#185 of 352
|
Score: 41.7
Dropped 14 spots from last year
-16.5 below state avg
734 students
Moderate
Grades 06-08
High Schools
5 schools
Northeast ARC
0.9 mi
Grades 06-12
St. John's Prep School
1.1 mi
Grades 06-12
B
Danvers High School
0.8 mi
|
#160 of 346
|
Score: 54.8
Dropped 18 spots from last year
-3.4 below state avg
794 students
Moderate
17 sports
• 1,436 athletes
Early College Program
High Graduation Rate
College Ready Curriculum
Strong Athletics
Grades 09-12
Northeast Behavioral Health
2.4 mi
Grades 09-12
A-
Essex North Shore Agricultural and Technical School
2.6 mi
|
#78 of 346
|
Score: 63.3
Improved 21 spots from last year
+5.1 above state avg
1,927 students
Moderate
Strong AP Program
Early College Program
High Graduation Rate
Rising School
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
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Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$702
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
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Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
12 Chestnut St, Danvers MA 01923
Danvers, MA 01923
Listing Information
Listing Agent
Herrick Lutts Realty Partners
Listing Office
Herrick Lutts Realty Partners
Office Phone
978-927-1959
Agent MLS ID
TM312527
Office MLS ID
AN6507
Listing Data Updated
Aug 24, 2026 12:48 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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