aisellshomes.space

$1,450,000

New

130 Pine St

Danvers, MA, 01923

Multi-Family · MLS #73520588

Price/sqft

$416

Days on market

New today

Year built

1900

Lot size

0.25 ac

3,484 sq ft

Sq Ft

0.25 acres

Lot

1900

Year Built

Taxes: $9,261 (2025)

About this home

Rare opportunity to acquire a four-unit multifamily portfolio in Danvers, comprised of two separate two-family homes situated on a single lot. The property features a well-balanced unit mix of three 1-bedroom, 1-bath apartments and one 2-bedroom, 1.5-bath unit, catering to a broad and stable tenant base.All units have been updated and include modern finishes such as stainless steel appliances and in-unit washer and dryer, enhancing tenant appeal and supporting strong rental demand. The property also benefits from ample off-street parking, a key amenity in the market.This asset offers investors a unique combination of scale and flexibility, with two independent structures providing operational versatility and long-term value. Positioned in a desirable location with convenient access to local amenities and major commuter routes, the property is well-suited for both stable cash flow and future rental growth.

Property details

Basement
Full, Walk Out

Listed by Herrick Lutts Realty Partners · Herrick Lutts Realty Partners

Schedule a showing

130 Pine St

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$8,708 / month

Down payment20% · $290,000
Interest rate6.50%

Loan term

Principal & interest
$7,332
Property tax
$772
Home insurance
$604

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.

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