130 Pine St, Danvers, MA 01923
Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
130 Pine St,Danvers, MA 01923
$1,450,000
- 5 Beds
- 5 Baths
- 3,484 sq. ft.
- Multi-family
- Active
Listed by: herrick lutts realty partners, nicholas zolotas
Office: herrick lutts realty partners
MLS#:73520588
Source:MLSPIN
Price summary
- Price:$1,450,000
- Price per sq. ft.:$416.19
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.
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Home facts
- Year built:1900
- Listing ID #:73520588
- Updated:May 23, 2026 at 10:40 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Full bathrooms:4
- Half bathrooms:1
- Rooms Total:14
- Basement Description:Full, Walk-Out Access
- Living area:3,484 sq. ft.
Structure and exterior
- Year built:1900
- Building area:3,484 sq. ft.
- Lot area:0.25 Acres
- Foundation Description:Brick/Mortar, Concrete Perimeter, Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,450,000
- Price per sq. ft.:$416.19
- Tax amount:$9,261 (2025)
Parking
- Total parking spaces:6
- Parking description:Paved Drive
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