Sold
130 Pine St, Danvers, MA
Danvers · MA 01923
- $1,325,000
- Price
- 5
- Beds
- 4.5
- Baths
- 3484
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
4 Units
Lot size:
0.25 Acre Lot
Price per square foot:
$400 / Sq.Ft
Parking:
6 Off Street Spaces
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.
Neighborhood & Transit
130 Pine St, Danvers · MA 01923
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 169 days
- Listing Price:
- $1,395,000
- Price per Sq.Ft:
- $400
- Tax Assessment:
- $842,700 in 2025
- Taxes:
- $772 / Monthly
Home Facts
Interior Features
- Bedrooms
- 5
- Full Bathrooms
- 4
- Half Bathrooms
- 1
- Living Area
- 3,484 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 3484
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 10,890 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 6 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Herrick Lutts Realty Partners
- Listing office
- Herrick Lutts Realty Partners
- MLS PIN #
- 73520588
- Disclosure
- lead compliant for unit 1 and 2