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.
Listed By
Agency Name: Herrick Lutts Realty Partners
Agent Name: Herrick Lutts Realty Partners
Agency Phone: 978-927-1959
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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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
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.