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130 Pine St

Danvers, MA 01923
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Bed 5

Bed

Bath 5

Bath

SqFt3,484

Sqft

Acres0.25

Acre(Lot)

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 loca l amenities and major commuter routes, the property is well-suited for both stable cash flow and future rental growth.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,395,000

AD Id : 78874726

MLS Id : 73520588

Beds : 5

Lot Size : 0.25 Acre

Living Area Size : 3,484

Year Built : 1900

County : Essex

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Feature Features

  • Bathroom Information

    Total Baths: 5 Full Baths: 4 Half Baths: 1

    Room Information

    Total Bedroom: 5
  • Heating & Cooling

    WaterSource: Public

  • Building Information

    Year Built: 1900 Basement: Full, Walk-Out Access
  • Exterior Features

    Foundation Details: Concrete Perimeter, Stone, Brick/Mortar

  • Lot Information

    Lot Size Area: 0.25 Lot Size Units: Acres Lot Square Feet: 10,890 Lot Acres: 0.25 Stories: 4 Main Square Feet: 0.25

    Property Information

    Property Type: Residential Income Sub Type: 4 FamilySQ ft (Living Area): 3,484

  • Listing Price Information

    Original Listing Price: $1450000

  • Tax Information

    Parcel Number: M:050 L:122 P:,1879107 Annual Tax: $9261

  • Parking Information

    Parking Total: 6 Paved Drive

  • Location Information

    Direction: Please use GPS
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
35 Doty Ave, Danvers, MA, 01923 $2,100,000 4 5 4,728 4,728 SqFt
6 Vista Dr, Danvers, MA, 01923 $834,900 5 4 3,515 3,515 SqFt
7 Riverside Street, Danvers, MA, 01923 $949,998 5 3 2,823 2,823 SqFt
90 Water St, Danvers, MA, 01923 $749,000 3 2 1,872 1,872 SqFt
19 Edmunds Cove, Danvers, MA, 01923 $899,900 4 4 2,890 2,890 SqFt
18 Hardy St, Danvers, MA, 01923 $685,000 3 2 1,998 1,998 SqFt
17 Stafford Road, Danvers, MA, 01923 $974,900 3 3 2,632 2,632 SqFt
16 Adams St, Danvers, MA, 01923 $699,900 2 2 1,879 1,879 SqFt
8 Riding Club Rd, Danvers, MA, 01923 $1,125,000 4 4 3,842 3,842 SqFt
14 Poplar, Danvers, MA, 01923 $1,395,000 5 2 4,228 4,228 SqFt

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ByOwner last updated this listing 06/23/2026 @ 15:32

MLS: 73520588 LISTED BY: Herrick Lutts Realty Partners, Herrick Lutts Realty Partners 978-927-1959 SOURCE: MLS Property Information Network

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