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130 Pine St, Danvers MA 01923

Danvers, MA 01923
$1,450,000
Est. $8,304/month
5
Beds
4.5
Baths
3,484
Sq Ft
$416
Price/Sq Ft
0.25
Acres
1900
Year Built
8
Days on Market
Active Listed May 18, 2026 • MLS# 73520588 Copied!

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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Property Overview

Property Type
4 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
5
Full Bathrooms
4
Half Bathrooms
1
Living Area
3,484 sq ft
Total Rooms
14
Stories
4
Levels
4

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

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

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

Location

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Neighborhood

130 Pine St, Danvers MA 01923

Danvers, MA 01923

Walkability

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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
E

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
M

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
H

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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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 $772
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

Interest
Principal
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.

Property History

Market Insights

Property Timeline

👁️
Showing Instructions Updated
May 19, 2026
New showing requirements
🏠
Listed for Sale
May 18, 2026
$1,450,000
Original listing
Agent: Herrick Lutts Realty Partners Office: Herrick Lutts Realty Partners

Price & Status History

Date Event Price Change
May 18, 2026 New Listing Added $1,450,000

Market Statistics

Days on Market
8 days
Price per Sq Ft
$416

Tax History

Year Taxes Assessment
2025 $9,261 $842,700

Financial Details

Annual Property Tax
$9,261
Tax Year 2025
Assessed Value
$842,700

Listing Information

Listing Agent Herrick Lutts Realty Partners
Listing Office Herrick Lutts Realty Partners
Agent MLS ID TM312527
Office MLS ID AN6507
Listing Data Updated May 22, 2026 3:05 AM 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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Market Analytics for Danvers, MA

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