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23 Prince St

Danvers, MA 01923

66 beds
44 baths
41,680 sqft
~12 acre lot
$227 per sqft
1997 build
– on site

Spring Meadows Apartments consists of 3 buildings and contains a total of 22 units, comprised entirely of 3+Bedroom/1.5-Bathroom direct entry townhouse units. The Property has been well-maintained by current ownership and features ample off-street parking with 46 spaces and separate utilities with HVAC systems throughout and laundry hookups in each unit. Large units (approximately 2,000 square feet) offer spacious layouts with finished walkout basements and many units have been renovated with granite countertops and stainless-steel appliances. The Property offers upside through programmatic upgrades to the unrenovated units and by implementing additional improvements to modernize finishes and fixtures in the renovated units. Spring Meadows offers the opportunity to acquire a well-maintained investment property with upside in a desirable North Shore location. The subject property is ideal for a potential buyer looking for income growth and strong investment returns.

Listing courtesy of MLSPIN / Kelleher - Pentore Team / Horvath & Tremblay

Last checked: Checking… • Last updated Jun 21, 2025 •

MLS# 73391932 —

The Building

Year Built:

1997
Year Built Details:

Actual
Year Built Source:

Public Records
# of Units Total:

22
Roof:

Shingle
Foundation Details:

Other
Levels:

8
Stories:

8
Stories Total:

8
Basement:

Full
Building Area Total:

41680
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Rooms Total:

99
Fireplace:

false

Room Dimensions

Living Area:

41680
Living Area Source:

Public Record

Financial & Terms

Rent Includes:

Unit 1(Water)

Location

Directions:

Please Use GPS
Longitude:

-70.963202
Latitude:

42.561519

The Property

Property Type:

Residential Income
Property Subtype:

5+ Family - 5+ Units Side by Side
Parcel Number:

1878798
Zoning:

R2
Lot Size Units:

Acres
Lot Features:

Level
Lot Size Area:

11.91
Lot Size SqFt:

518799
Lot Size Acres:

11.91
Waterfront:

false
Farm Land Area Units:

Square Feet

Listing Agent

Contact info:

Taxes

Tax Year:

25
Tax Book Number:

28034
Tax Annual Amount:

68433
Tax Assessed Value:

6226800

Beds

Bedrooms Total:

66

Baths

Total Baths:

33
Total Baths:

44
Full Baths:

22
Half Baths:

22

The Listing

Home Warranty:

false
Sub Agency Relationship Offered:

No

Utilities

Electric:

Individually Metered
Sewer:

Public Sewer
Water Source:

Public

The Community

Community Features:

Public Transportation
Spa:

false
Senior Community:

false

Parking

Parking Features:

Off Street
Parking Total:

46
Garage:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
6/17/25 Jun 17, 2025	Listed / Active	MLSPIN	$9,500,000

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This multifamily located in Danvers, MA 01923 is currently for sale for $9,500,000. 23 Prince St is a 41,680 square foot multifamily with 66 beds and 44 baths that has been on Estately for 12 days. This multifamily is in the attendance area of Danvers High School.

Listing Courtesy of: MLSPIN and Horvath & Tremblay.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) 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 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., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.