Dimensions11 x 12
FeaturesFlooring - Vinyl, Exterior Access
LevelFirst
41 Otis Street, Danvers MA 01923
Danvers, MA 01923
$1,099,900
Est. $6,528/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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About this home
Your next project awaits with this amazing redevelopment opportunity! This unique property carries two buildable lots with proper frontage - Lot A: 34 Pine St, which is 16,321 sq ft and Lot B:41 Otis St, which is 12,343 sq ft - on the same deed. A plot plan is attached in the listing photos. With proper town review and approvals, along with a proposed dimensional variance there are many potential redevelopment options (up to 3-4 units) for the savvy investor. By right for development purposes, re-deeding the lots into 2 separate deeds will allow the front lot (41 Otis) a single family and ADU, and the rear lot (34 Pine a SF/duplex and ADU. A shared driveway from Otis St (by variance) is likely the best option for access to both future developments. The current owner has also reached out to the town planning director about removing part of the barrier on Pine St, if there's to be a curb cut on 34 Pine (rear lot). Whether lots are re-deeded into separate lot or left as one large lot, there are endless possibilities for this corner lot. Potential buyers may even want to live in the front home while creating their dream home on the rear lot! The home on the front lot is an airy 2BR/2BA Ranch, located in the heart of a well-established neighborhood, with proximity to all Danvers has to offer! A multitude of shops & restaurants are easily accessible, along with highways, North Shore Mall, and several schools right there. After admiring the expansive outdoor space - step inside and feel solid hardwood on your feet. Enormous living room leads to dining room and kitchen. Down the hall is a full bathroom and the primary bedroom. Head downstairs for another bedrooms, a second kitchen, full bathroom, family room and an office. Laundry room walks out to yard. Detached 1 car garage with storage. Great redevelopment and ADU potential, with proper town approvals! Buyers and agents should conduct proper due diligence to verify all info herein.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Sep 16, 2026
$1,099,900
Original listing
Agent: Luciano Leone Team
Office: RE/MAX 360
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/16/2026 | 🏠 Listed for Sale | $1,099,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $9,200 | $837,100 |
Financial Details
Annual Property Tax
$9,200
Tax Year 2025
Assessed Value
$837,100
Facts & Features
1 Car Garage
Home Facts
Type
Residential
Style
Single Family Residence
Year Built
1955
Living Area
1,629 sq ft
Lot Size
0.66 acres
Bedrooms
2
Full Baths
2
Total Rooms
9
Interior
Heating
Baseboard, Hot Water, Natural Gas
Cooling
Window Unit(s)
Flooring
Tile, Vinyl, Hardwood, Flooring - Vinyl, Flooring - Stone/ceramic Tile
Appliances
Water Heater, Range, Disposal, Refrigerator, Gas Cooktop
Fireplace
None
Basement
Full, Finished, Walk-out Access, Interior Entry, Sump Pump
Laundry
Electric Dryer Hookup, Exterior Access, Washer Hookup, Lighting - Overhead, In Basement
Features
Lighting - Overhead, Office, Kitchen
Exterior
Construction
Frame
Architecture
Ranch
Roof
Shingle
Features
Rain Gutters, Storage, Sprinkler System
Pool
None
Spa
None
Fencing
Fenced/enclosed
Patio/Porch
None
Parking
Garage Spaces
1
Has Garage
Yes
Features
Detached, Garage Door Opener, Storage, Workshop In Garage, Paved Drive, Off Street, Paved
Total Spaces
3
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Oven, For Electric Dryer, Washer Hookup
Financial
Annual Tax
$9,200
Assessed Value
$837,100
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Sellers/agent Make No Warranties/representations On Systems/structure Condition And Potential Redevelopment Of Land. Buyers/agents To Use Due Diligence To Verify All Info Herein. Recent Upgrades: Windows (2016), Furnace (2015), Wh (2012).
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
White
Sq Ft Source
Measured
Sq Ft Disclosures
GLA is approximate and includes all finished, heated areas, including basement
Documents
None
County
Essex
Property Overview
Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1955
Bedrooms
2
Full Bathrooms
2
Living Area
1,629 sq ft
Total Rooms
9
Main Level Bedrooms
1
Floor Layout
Interactive room guide
Floor Layout
Finished Area
873 sq ft above grade
756 sq ft below grade
Dimensions5 x 7
FeaturesBathroom - Full, Bathroom - With Tub, Flooring - Vinyl
LevelMain,First
Dimensions9 x 10
FeaturesCeiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Open Floorplan
LevelMain,First
Dimensions13 x 21
FeaturesCloset, Flooring - Hardwood, Exterior Access, Open Floorplan
LevelMain,First
Dimensions11 x 12
FeaturesWalk-In Closet(s), Flooring - Hardwood
LevelMain,First
Dimensions10 x 12
FeaturesFlooring - Vinyl, Lighting - Overhead
LevelBasement
Dimensions13 x 15
FeaturesFlooring - Vinyl, Lighting - Sconce
LevelBasement
Dimensions4 x 8
FeaturesBathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
LevelBasement
Dimensions13 x 15
FeaturesFlooring - Vinyl, Lighting - Overhead
LevelBasement
Display Options
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
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:
Tile, Vinyl, Hardwood, Flooring - Vinyl, Flooring - Stone/Ceramic Tile
Appliances:
Water Heater, Range, Disposal, Refrigerator, Gas Cooktop
Interior Features:
Lighting - Overhead, Office, Kitchen
Windows:
Basement:
Full, Finished, Walk-Out Access, Interior Entry, Sump Pump
Laundry:
Electric Dryer Hookup, Exterior Access, Washer Hookup, Lighting - Overhead, In Basement
Security:
Construction & Materials
Style:
Ranch
Year Built:
1955
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Block
Heating, Cooling & Utilities
Heating:
Baseboard, Hot Water, Natural Gas
Cooling:
Window Unit(s)
Cooling Zones:
1
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Rain Gutters, Storage, Sprinkler System
Patio & Porch:
Fencing:
Fenced/Enclosed
Other Structures:
Lot Features:
Corner Lot, Additional Land Avail., Level
Road Surface:
Paved
Parking & Garage
Garage Spaces:
1
Total Parking Spaces:
3
Parking Features:
Detached, Garage Door Opener, Storage, Workshop in Garage, Paved Drive, Off Street, Paved
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$767
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
41 Otis Street, Danvers MA 01923
Danvers, MA 01923
Listing Information
Listing Agent
Luciano Leone Team
Listing Office
RE/MAX 360
Office Phone
978-535-3122
Agent MLS ID
TM300442
Office MLS ID
AN8815
Listing Data Updated
Sep 16, 2026 4:27 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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