130 Pine St, Danvers, MA 01923
- $1,325,000
- 5
- BD
- 5
- BA
- 3,484
- SqFt
- Sold Price
- $1,325,000
- List Price
- $1,395,000
- Status
- SOLD
- MLS#
- 73520588
- Bedrooms
- 5
- Bathrooms
- 5
- Full Baths
- 4
- Half Baths
- 1
- Living Area
- 3,484
- Lot Size (Acres)
- 0.25
- Year Built
- 1900
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.
Additional Information
- Taxes
- $9,261
- Parking Description
- Paved Drive
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Herrick Lutts Realty Partners from Listing Office: Herrick Lutts Realty Partners.
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