Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

130 Pine St

Danvers, MA ID #73520588

Property Description

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.

Additional Details

  • Status: ACT
  • Type: Multi-Family, Quadruplex
  • Zip Code: 01923
  • Taxes: 9,261
  • Levels: 4
  • Acres: 0.25

Parking

  • Garage Capacity: 6
  • Parking: Paved
  • Parking Spaces: 6

Rooms/Dimensions

  • Total Units: 4
  • Total Floors: 4
  • Total Rooms: 14
  • Has Basement: Yes

Location

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130 Pine St, Danvers, MA

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Herrick Lutts Realty Partners of Herrick Lutts Realty Partners. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.