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39 Needham Rd, Danvers, MA 01923

  • $1,200,000

  • 6

    bed

  • 5

    bath

  • 3,704

    Sqft ($324/Sqft)

Multi-family for sale 22 days
Movoto is helping 25 homebuyers near you

About 39 Needham Rd

Property type Multi-family
Year built 1920
HOA fee $0/month
Lot size 0.37 Acre
Movoto estimate
Parking 2 garage spaces
Property description
Exceptional owner-occupant or investment opportunity overlooking the Crane River. This four-family property offers a rare combination of rental income, owner-occupant flexibility, and scenic water views. Currently, three of the four residential units are vacant and ready for immediate occupancy, providing an ideal setup for an owner-occupant seeking rental income or an investor looking to lease at current market rates.The property features two separate garage bays and a desirable setting overlooking the Crane River. Conveniently located near downtown Danvers, shopping, restaurants, schools, and major commuter routes including Routes 1, 95, and 128.With multi-family inventory remaining limited in Danvers, opportunities like this are increasingly difficult to find. Whether you're looking to live in one unit while collecting rental income from the others or add a well-located asset to your investment portfolio, 39 Needham Road presents exceptional value and long-term potential.
Listed by
Listing Agent - Herrick Lutts Realty Partners
Listing Office - Herrick Lutts Realty Partners
Source: MLS Property Information Network, Inc. mls logo
MLS#73540673 • last updated 3 weeks ago
Movoto checked MLS Property Information Network, Inc. for data 7 minutes ago
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Overview
Levels/Style 4, 4
MLS # 73540673
Type Residential Income
Status Active
SubType 4 Family
SqFt 3704
Lot Size (SqFt) 16274
Lot Size (Acres) 0.37
Annual Property Tax 9546
Year Built 1920
Interior
Total # of Bathrooms 5
# Full Baths 4
# Half Baths 1
Total # of Bedrooms 6
Basement Unfinished
Total # of Rooms 14
Flooring Carpet, Hardwood
Exterior
Foundation Granite
Roof Shingle
Construction Frame
# Covered Spaces 2
Parking Desc Paved Drive, Off Street
# Parking Spaces 6
# Garage Spaces 2
Amenities / Utilities
Sewer Public Sewer
Electricity 200+ Amp Service
Water Source Public
Location
Waterfront Waterfront, River
County Essex
Community Features Public Transportation, Shopping, Park, Medical Facility, Highway Access, House Of Worship, Marina, Public School
Zoning R1
APN M:064 L:019 P:, 1881915
Directions Endicott Street To Needham Road
Multifamily Details
Net Operating Income 30000
Total Actual Rent 2500
Gross Income 30000
Lot/ Land Details
Road Frontage Public
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Around the neighborhood

Explore everything this neighborhood has to offer.
49/100
Walk
77/100
Family
76/100
Dining
92/100
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  • Real Estate
  • MA
  • Essex County
  • Danvers
  • 01923
  • 39 Needham Rd

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