$1,450,000
New130 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
Estimated payment
$8,708 / month
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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