$1,200,000 ($323.97 per sqft)

Est. Mortgage $5,756/mo *

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39 Needham Rd, Danvers, MA, 01923

39 Needham Rd, Danvers, MA, 01923
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14 rooms

6 beds

4 Full / 1 Half baths

1920

3,704 sqft

Exceptional owner-occupant or investment opportunity overlooking the Crane River. This four-family property offers a rare combination of rental income, owner-occupant flexibility, and scenic water views. Currently, three of the four residential units are vacant and ready for immediate occupancy, providing an ideal setup for an owner-occupant seeking rental income or an investor looking to lease at current market rates.The property features two separate garage bays and a desirable setting overlooking the Crane River. Conveniently located near downtown Danvers, shopping, restaurants, schools, and major commuter routes including Routes 1, 95, and 128.With multi-family inventory remaining limited in Danvers, opportunities like this are increasingly difficult to find. Whether you're looking to live in one unit while collecting rental income from the others or add a well-located asset to your investment portfolio, 39 Needham Road presents exceptional value and long-term potential.

Status:

Active

Type:

Multi-family

Units:

4

Zoning:

R1

Garage:

2-car

Basement:

Unfinished

Levels:

4

Parking:

6-car, Paved Drive, Off Street

Acreage:

0.37

Est. Taxes:

$9,546

Assessment

$868,600

Construction

Frame

Amenities:

Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Marina, Public School

Waterfront:

Yes

MLS #:

73540673

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Herrick Lutts Realty Partners, Herrick Lutts Realty Partners