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130 Pine Street

Danvers MA 01923

5
5
6
3484 sq. ft.
10890 sq. ft.
Other
Currently for sale - view listing

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

Property history for 130 Pine Street

1996
Sold
$255,000
31 Jul 1996 by Karen Cronin, of Vernon A. Martin, Inc.

Happy sellers in Danvers

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Local market activity for 5 bedroom other properties in Danvers

In the last 12 months, 1 five-bedroom other similar to 130 Pine Street, have been sold.

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