130 Pine St, Danvers, MA, 01923
14 rooms
5 beds
4 Full / 1 Half baths
1900
2,950 sqft
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.
Status:
Active
Type:
Multi-family
Units:
4
Zoning:
R1
Basement:
Full, Walk-Out Access
Levels:
4
Parking:
6-car, Paved Drive
Acreage:
0.25
Est. Taxes:
$9,261
Assessment
$842,700
MLS #:
73520588
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Listing courtesy of Herrick Lutts Realty Partners, Herrick Lutts Realty Partners