130 Pine Street

Danvers MA 01923

3484 sq. ft.

10890 sq. ft.

Other

Last sold for $1,325,000

Herrick Lutts Realty Partners, last sold this property on 07 August 2026 after 80 days on market.

Overview

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.

Features

5 bedrooms

5 bathrooms

6 carspaces

6 open car spaces

3484 sq. ft. floor area

10890 sq. ft. lot size

Other

Estimated Value

We need at least 3 similar 5 bedroom other properties sold in Danvers over the last 12 months.

Property history for 130 Pine Street

2026

Sold

$1,325,000

07 Aug 2026 by Herrick Lutts Realty Partners, of Herrick Lutts Realty Partners

1996

Sold

$255,000

31 Jul 1996 by Karen Cronin, of Vernon A. Martin, Inc.

Happy sellers in Danvers

We have insufficient information to provide an overview of customer satisfaction for Danvers. Viewing the agent profiles, reviews and sales for Danvers can provide insights for this location.