INNOVATE
Real Estate
No photos available for this listing

$919,900

12 Chestnut St, Danvers MA 01923
Danvers, MA 01923
Listed by Herrick Lutts Realty Partners
Bedrooms
5
Bathrooms
3
Living area
2,273 sqft
Year built
1875

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)

Property details

MLS #
73500696
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
129
On market date
April 13, 2026
Stories
3
Garage spaces
1
Lot size
0.2 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Great Oak
0.71 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
321
Student:teacher ratio
13.4:1
District
Danvers
Middle
Holten Richmond Middle School
0.42 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
770
Student:teacher ratio
10.8:1
District
Danvers
High
Danvers High
0.74 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
807
Student:teacher ratio
10.8:1
District
Danvers

Mortgage calculator

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Est. monthly payment
$5,690/mo
$183,980 down
$735,920 loan
Principal & interest$4,773
Property tax (est.)$767
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 26, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.