Movoto Real Estate
  • Exterior
  • Other
  • View/Area

130 Pine St, Danvers, MA 01923

  • $1,395,000

  • 5

    bed

  • 5

    bath

  • 3,484

    Sqft ($400/Sqft)

Multi-family for sale 28 days
$55K price drop
Movoto is helping 25 homebuyers near you

About 130 Pine St

Property type Multi-family
Year built 1900
HOA fee $0/month
Lot size 0.25 Acre
Movoto estimate
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.
Listed by
Listing Agent - Herrick Lutts Realty Partners
Listing Office - Herrick Lutts Realty Partners
Source: MLS Property Information Network, Inc. mls logo
MLS#73520588 • last updated 3 days ago
Movoto checked MLS Property Information Network, Inc. for data 5 minutes ago
Request a virtual or in-person tour
Overview
Levels/Style 4, 4
MLS # 73520588
Type Residential Income
Status Active
SubType 4 Family
SqFt 3484
Lot Size (SqFt) 10890
Lot Size (Acres) 0.25
Annual Property Tax 9261
Year Built 1900
Interior
Total # of Bathrooms 5
# Full Baths 4
# Half Baths 1
Total # of Bedrooms 5
Basement Full, Walk-Out Access
Total # of Rooms 14
Exterior
Foundation Concrete Perimeter, Stone, Brick/Mortar
Parking Desc Paved Drive
# Parking Spaces 6
Amenities / Utilities
Sewer Public Sewer
Water Source Public
Location
County Essex
Zoning R1
APN M:050 L:122 P:, 1879107
Directions Please Use GPS
Multifamily Details
Net Operating Income 60350
Total Actual Rent 9045
Gross Income 94587
Tour this home
When would you like to see 130 Pine St?
question
Have a question about this property? Call us at (844) 430-0869
5/10
Source: GreatSchools.org © 2026. All rights reserved.

Around the neighborhood

Explore everything this neighborhood has to offer.
39/100
Walk
77/100
Family
72/100
Dining
90/100
Pet
  • Real Estate
  • MA
  • Essex County
  • Danvers
  • 01923
  • 130 Pine St

My commute

Enter a destination to see travel time and distance.
By entering my info and clicking Ask a Question below, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Nearby homes for sale in Danvers, MA

Nearby recently sold homes in Danvers, MA

Newest listings in 01923

Meet with a real estate agent today (844) 430-0869
The multiple listing information is provided by MLS Property Information Network, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
Massachusetts Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the Massachusetts Multiple Listing Service™ system.
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith in interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.