130 Pine StreetDanvers, MA 01923MLS Number 73520588

  • Price: $1,450,000
  • Est. Mortgage of $/month
  • 3 Days on Market
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
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  • 5Bedrooms
  • 0.25Acreage
  • 5Bathrooms
  • 1900Year Built

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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 Herrick Lutts Realty Partners of Herrick Lutts Realty Partners

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More Info

Basic Information

  • Gross Income $94,587
  • Mls StatusNew
  • Parcel Number M:050 L:122 P:,1879107

Location

  • Address130 Pine Street
  • Building Number130
  • CountyEssex
  • StateMA
  • StreetPine Street
  • TownDanvers
  • Zip01923

Property Information

  • Building Area Source Public Records
  • Living Area 3,484
  • Lot Size Square Feet 10,890
  • Lot Size Units Acres
  • Square Feet3,484

Tax Information

  • Tax Assessed Value $842,700
  • Tax Year 2025
  • Taxes$9,261

Rooms

  • Bathroom5
  • Bathrooms Total Decimal 4.5
  • Bedrooms5
  • Full Bath4
  • Half Baths1

Property

  • Acreage0.25

Utilities

  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Other AmenitiesBasement

Legal

  • ZoningR1

Other

  • Date Listed05/18/2026
  • Farm Land Area Units Square Feet

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive
  • Parking Spaces6

Basic Information

  • List Price$1,450,000
  • MLS Number73520588
  • Modification Date05/19/2026
  • Property SubType4 Family

Building

  • BasementFull, Walk-Out Access
  • Building Area Units Square Feet
  • FoundationConcrete Perimeter, Stone, Brick/Mortar
  • Levels 4
  • Rooms14
  • Stories4
  • Units4
  • Year Built1900
  • Year Built Details Approximate
  • Year Built Source Public Records

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Real Brokerage

617-293-8070
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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