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130 Pine St, Danvers, MA 01923

$1,450,000
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Active
BEDS5 BATHS4 full 1 partial SQUARE FEET3,484 MLS#73520588
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

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.

130 Pine St | MLS# 73520588

This multi-family property located at 130 Pine St, Danvers, MA 01923 is currently listed for sale with an asking price of $1,450,000. Search Danvers real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Walk-Out Access
Lot Size: 0.25 Acres
Stories: 4.0
Taxes: $9,261
Year Built: 1900

Feature Descriptions

Building Area Total: 3484
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 19
Dwelling Type: 4 Family
Open Parking Y/N: Yes
Parcel Number: M:050 L:122 P:,1879107
Parking Features: Paved Drive
Parking Total: 6
Rooms Total: 14
Sewer: Public Sewer
Units: 4
Water: Public

Listed By / Shown By

Listed By

Agency Name: Herrick Lutts Realty Partners
Agent Name: Herrick Lutts Realty Partners
Agency Phone: 978-927-1959

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Estimated Payment

$ 4,421.74 per month $3,227.07 Principal & Interest $771.75 Property Tax $422.92 Homeowner's Insurance

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