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.
Listed by Herrick Lutts Realty Partners
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Herrick Lutts Realty Partners
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978-927-1959
Listed by Nicholas Zolotas
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Herrick Lutts Realty Partners
Last updated June 13, 2026
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Source: MLSPin #73520588
Listing Facts
TypeMulti-family
NeighborhoodDanvers
Bedrooms5
Bathrooms5
Days on Prevu30
Taxes$9,261/year
Size3,484 sqft
Price per sqft$400
Amenities
Parking
Location
Mortgage Calculator
Listing History
06/09/2026
Price Decreased
$1,395,000
05/18/2026
Listed by Herrick Lutts Realty Partners
$1,450,000
Property Details for 130 Pine St
Exterior
Construction
Number Of Units Total: 4
Stories: 4
Stories Total: 4
Year Built: 1900
Year Built Details: Approximate
Measurements
Building Area Total: 3,484
Building Area Units: Square Feet
Lot Size Acres: 0.25
Lot Size Area: 0
Lot Size Square Feet: 10,890
Lot Size Units: Acres
Financial
Residential Income
Gross Income: $94,587.00
Taxes
Parcel Number: M:050 L:122 P:,1879107
Tax Annual Amount: $9,261.00
Tax Assessed Value: $842,700.00
Tax Year: 2025
Interior
Measurements
Living Area: 3,484
Living Area Source: Public Record
Rooms
Basement: Full, Walk-Out Access
Bathrooms Full: 4
Bathrooms Half: 1
Bathrooms Total Integer: 5
Bedrooms Total: 5
Rooms Total: 14
Parking
Parking
Open Parking Spaces: 6
Open Parking: Yes
Parking Features: Paved Drive
Parking Total: 6
Utilities
Equipment
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 5 bedrooms and 5 bathrooms in this multi-family home at 130 Pine St.
Does this multi-family home have parking?
Yes, there are 6 parking spaces available for 130 Pine St.
What are the annual taxes for 130 Pine St?
Annual taxes for this multi-family home are estimated at $9,261.
How does 130 Pine St compare to other multi-family homes in Danvers?
This multi-family home is listed 40% above the average price for multi-family homes in Danvers and has been on the market for 60 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 3,484 sqft.
130 Pine St is a 5-bedroom, 5-bath multi-family home for sale in Danvers MA 01923. On Prevu for 30 days at $1,395,000. This includes a recent price decrease of $55,000. This home features 3,484 square feet of living space, located in Danvers. The median listing price for multi-family homes in this area is $775,000. Additional amenities include parking. Explore more multi-family home listings in Essex County.
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