130 Pine St Danvers MA 01923 MLS #73520588

130 Pine St
Danvers, MA, 01923
$1,395,000
5 Beds
4.5 Baths
3,484 SqFt
0.25 Acres
$1,395,000
130 Pine St
Danvers, MA, 01923
MLS #73520588 image #0
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.

Property Details

Price:
$1,395,000
MLS #:
73520588
Status:
Active
Beds:
5
Baths:
4.5
Type:
Multi Family
Subtype:
4 Family
Listed Date:
May 18, 2026
Finished Sq Ft:
3,484
Total Sq Ft:
3,484
Lot Size:
10,890 sqft / 0.25 acres (approx)
Year Built:
1900
Units:
4

Schools

Interior

Above Grade Finished Area
3484
Bathrooms
4 Full Bathrooms, 1 Half Bathroom
Levels
4

Exterior

Open Parking Spaces
6
Open Parking YN
1
Parking Features
Paved Drive
Parking Spots
6
Parking Total
6
Stories
4

Financial

Net Operating Income
$60,350
Tax Year
2025
Taxes
$9,261
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Marie Andrews

Marie Andrews

RealtorĀ®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Map

Current real estate data for Multi Family in Danvers as of Jun 15, 2026
6
Multi Family Listed
31
Avg DOM
355
Avg $ / SqFt
$1,102,317
Avg List Price

Community

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Property Summary

    130 Pine St Danvers MA is a Multi Family for sale in Danvers, MA, 01923. It is listed for $1,395,000 To schedule a showing of MLS#73520588 at 130 Pine St in Danvers, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
130 Pine St
Danvers, MA