130 Pine St, Danvers MA 01923
Danvers, MA 01923
$1,325,000
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Sale Statistics
Sale Overview
Original List Price:
$1,450,000
Final Sale Price:
$1,325,000
Difference:
$125,000 (-8.6%)
Performance Metrics
91.4%
List to Sale Ratio
Sold below asking price
51
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:
$416
Sale $/sq ft:
$380
This property sold for $380 per square foot
Sale Summary
This property sold for 8.6% below the original asking price.
The property spent 51 days on market before selling.
About this home
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.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
8.6%
Price Range
52
Total Days on Market
Property Timeline
Sold
Aug 7, 2026
$1,325,000
Property sold
Days on Market: 52
Pending Sale
Jul 9, 2026
Offer accepted, sale pending
Price Reduced
Jun 9, 2026
$1,395,000
$55,000
(-3.79%)
From $1,450,000 to $1,395,000 (-3.8%)
Showing Instructions Updated
May 19, 2026
New showing requirements
Listed for Sale
May 18, 2026
$1,395,000
Original listing
Agent: Herrick Lutts Realty Partners
Office: Herrick Lutts Realty Partners
Listed for Sale
May 18, 2026
$1,450,000
Original listing
Agent: Herrick Lutts Realty Partners
Office: Herrick Lutts Realty Partners
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/07/2026 | ✓ Sold | $1,325,000 | - | - | Property sold |
| 07/09/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 06/09/2026 | ↓ Price Reduced | $1,395,000 | $55,000 | - | From $1,450,000 to $1,395,000 (-3.8%) |
| 05/19/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 05/18/2026 | 🏠 Listed for Sale | $1,395,000 | - | - | Original listing |
| 05/18/2026 | 🏠 Listed for Sale | $1,450,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $9,261 | $842,700 |
Financial Details
Annual Property Tax
$9,261
Tax Year 2025
Assessed Value
$842,700
Facts & Features
Home Facts
Type
Residential Income
Style
4 Family
Year Built
1900
Living Area
3,484 sq ft
Lot Size
0.25 acres
Bedrooms
5
Full Baths
4
Half Baths
1
Total Rooms
14
Investment Metrics
Units
4
Unit 1 Rent
$2,895/mo · Y
Unit 2 Rent
$2,300/mo · Y
Unit 3 Rent
$1,925/mo · Y
Unit 4 Rent
$1,925/mo · Y
Total Monthly Rent
$9,045/mo
Gross Income
$94,587
Net Operating Income
$60,350
Cap Rate
4.33%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
Full, Walk-out Access
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Paved Drive
Total Spaces
6
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$9,261
Assessed Value
$842,700
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Lead Compliant For Unit 1 And 2
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Essex
Total market time (incl. prior listings)
52 days
Property Overview
Property Type
4 Family
Listing Type
Sold
Year Built
1900
Bedrooms
5
Full Bathrooms
4
Half Bathrooms
1
Living Area
3,484 sq ft
Total Rooms
14
Stories
4
Levels
4
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,484 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Full, Walk-Out Access
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Roof:
Foundation:
Concrete Perimeter, Stone, Brick/Mortar
Stories:
4
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
6
Parking Features:
Paved Drive
Nearby Schools
School District
Danvers School District local
A-
School Safety
2024-25
2.3%
Average
1.9%
Suspensions
2.3%
In-School
0.4%
Emergency
3.2% below state avg
Elementary Schools
7 schools
St. Mary of the Annunciation School
0.5 mi
Grades PK-08
Great Rock Christian Academy
1.6 mi
Grades PK-12
B-
Highlands School
0.5 mi
|
#486 of 824
|
Score: 45.2
Improved 156 spots from last year
-13 below state avg
385 students
Moderate
Rising School
Grades K-05
C+
Great Oak School
0.6 mi
|
#554 of 824
|
Score: 42.8
Dropped 203 spots from last year
-15.4 below state avg
291 students
Moderate
Grades K-05
B+
Riverside School
1.3 mi
|
#304 of 824
|
Score: 50.8
Improved 132 spots from last year
-7.4 below state avg
350 students
Moderate
Rising School
Grades PK-05
B-
Willis E Thorpe School
1.7 mi
|
#435 of 824
|
Score: 46.6
Dropped 167 spots from last year
-11.6 below state avg
294 students
Less Diverse
Grades K-05
B+
Ivan G Smith School
1.8 mi
|
#333 of 824
|
Score: 49.7
Improved 40 spots from last year
-8.5 below state avg
389 students
Moderate
Rising School
Strong Attendance
Grades K-05
Middle Schools
1 school
B-
Holten Richmond Middle School
1.1 mi
|
#183 of 352
|
Score: 42.0
Dropped 12 spots from last year
-16.2 below state avg
745 students
Moderate
Grades 06-08
High Schools
5 schools
Northeast ARC
0.2 mi
Grades 06-12
St. John's Prep School
1.4 mi
Grades 06-12
B
Danvers High School
1.8 mi
|
#158 of 346
|
Score: 54.4
Dropped 16 spots from last year
-3.9 below state avg
784 students
Moderate
17 sports
• 1,436 athletes
Early College Program
High Graduation Rate
College Ready Curriculum
Strong Athletics
Grades 09-12
Northeast Behavioral Health
2.3 mi
Grades 09-12
A-
Essex North Shore Agricultural and Technical School
2.6 mi
|
#76 of 346
|
Score: 63.1
Improved 23 spots from last year
+4.9 above state avg
1,830 students
Moderate
Strong AP Program
Early College Program
High Graduation Rate
Rising School
Grades 09-12
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Location
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Neighborhood
130 Pine St, Danvers MA 01923
Danvers, MA 01923
Listing Information
Listing Agent
Herrick Lutts Realty Partners
Listing Office
Herrick Lutts Realty Partners
Office Phone
978-927-1959
Agent MLS ID
TM312527
Office MLS ID
AN6507
Listing Data Updated
Aug 10, 2026 3:03 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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