$1,200,000
Active39 Needham Rd
Danvers, MA, 01923
Multi-Family · MLS #73540673
Price/sqft
$324
Days on market
12 days
Year built
1920
Lot size
0.37 ac
3,704 sq ft
Sq Ft
0.37 acres
Lot
1920
Year Built
2 car
Garage
Taxes: $9,546 (2025)
About this home
Exceptional owner-occupant or investment opportunity overlooking the Crane River. This four-family property offers a rare combination of rental income, owner-occupant flexibility, and scenic water views. Currently, three of the four residential units are vacant and ready for immediate occupancy, providing an ideal setup for an owner-occupant seeking rental income or an investor looking to lease at current market rates.The property features two separate garage bays and a desirable setting overlooking the Crane River. Conveniently located near downtown Danvers, shopping, restaurants, schools, and major commuter routes including Routes 1, 95, and 128.With multi-family inventory remaining limited in Danvers, opportunities like this are increasingly difficult to find. Whether you're looking to live in one unit while collecting rental income from the others or add a well-located asset to your investment portfolio, 39 Needham Road presents exceptional value and long-term potential.
Location
39 Needham Rd, Danvers, MA, 01923
Property details
- Road type
- Public
- Waterfront
- River
- Basement
- Unfinished Basement
- Electric
- 200 Amps
- Waterview Features
- River
Listed by Herrick Lutts Realty Partners · Herrick Lutts Realty Partners
Schedule a showing
39 Needham Rd
Estimated payment
$7,319 / month
Loan term
- Principal & interest
- $6,024
- Property tax
- $796
- Home insurance
- $500
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.
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