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INVESTMENT SNAPSHOT
About this property
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.
Property details
| Units | 4 |
| Living area | 3,484 sqft |
| Lot size | 10,890 sqft |
| Year built | 1900 |
| Price / sqft | $416 |
| County | Essex |
| MLS # | 73520588 |
Listing status
| Days on market | 17 days |
| Listed on | May 18, 2026 |
Taxes & financials
| Annual property tax | $9,261 |
| Tax year | 2025 |
| Assessed value | $842,700 |
| Zoning | R1 |
| Gross income (actual) | $94,587/yr |
| Net operating income (actual) | $60,350/yr |
| Total actual rent | $9,045/mo |
Building & lot
| Stories | 4 |
| Total rooms | 14 |
| Lot size | 0.25 acres |
| Garage spaces | 0 |
| Parking spaces | 6 |
| Parking | Paved Drive |
| Basement | Full, Walk-Out Access |
| Foundation | Concrete Perimeter, Stone, Brick/Mortar |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Danvers →
Listing courtesy of Herrick Lutts Realty Partners — Herrick Lutts Realty Partners. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 130 Pine St, Danvers MA 01923 have?
It is a 4-unit multi-family property with 3,484 sqft of living area, built in 1900.
How long has 130 Pine St, Danvers MA 01923 been on the market?
130 Pine St, Danvers MA 01923 has been listed for 17 days (since May 18, 2026).
What is the price per unit?
At a list price of $1,450,000 across 4 units, that works out to roughly $362,500 per unit.
What are the property taxes on 130 Pine St, Danvers MA 01923?
Annual property taxes are $9,261 (2025), on an assessed value of $842,700.
What is the price per square foot?
At $1,450,000 for 3,484 sqft, that's about $416 per square foot.
Is there parking?
6 total parking spaces (paved drive).
Where is this property located?
130 Pine St, Danvers MA 01923 is in Danvers, Essex County, MA 01923.
