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Robert Leahey

robleaheyjr@greaterbostonunlocked.com +1(617) 640-0409

$ 1,450,000

Est. payment | -/mo

5 Beds

4.5 Baths

3,484 SqFt

Save

$ 1,450,000

Est. payment | -/mo

Save

5 Beds

4.5 Baths

3,484 SqFt

Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,484 sqft

Price per Sqft $416

MLS Listing ID 73520588

Bedrooms 5

Full Baths 4

Half Baths 1

Year Built 1900

Annual Tax Amount $9,261

Tax Year 2025

Lot Size 10,890 Sqft

Acres 0.25

Property Sub-Type 4 Family

Property Description

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.

Location

State MA

County Essex

Zoning R1

Direction Please use GPS

Rooms

Basement Full, Walk-Out Access

Exterior

Total Parking Spaces 6

Garage No

Building

Story 4

Foundation Concrete Perimeter, Stone, Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Herrick Lutts Realty Partners

Nearby Locations

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Robert Leahey

Real Estate Agent | Lic# 9539319

robleaheyjr@greaterbostonunlocked.com

+1(617) 640-0409

130 Pine St Danvers, MA 01923

Robert Leahey

Key Details

Location

Rooms

Exterior

Building

Others

130 Pine St