130 Pine St Danvers, MA 01923
Estimated payment $8,299/month
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,261
Year Built
- Built in 1900
Lot Details
- 10,890 Sq Ft Lot
Home Design
- Brick Foundation
- Stone Foundation
- Concrete Perimeter Foundation
Interior Spaces
- 3,484 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 5 Bedrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 6 Car Parking Spaces
- Driveway
- 6 Open Parking Spaces
Community Details
- 4 Units
- Net Operating Income $60,350
Listing and Financial Details
- Assessor Parcel Number M:050 L:122 P:,1879107
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,261 | $842,700 | $318,400 | $524,300 |
| 2024 | $9,035 | $813,200 | $318,400 | $494,800 |
| 2023 | $8,942 | $761,000 | $282,400 | $478,600 |
| 2022 | $8,425 | $665,500 | $246,400 | $419,100 |
| 2021 | $7,987 | $598,300 | $223,600 | $374,700 |
| 2020 | $8,309 | $636,200 | $216,400 | $419,800 |
| 2019 | $7,462 | $561,900 | $209,200 | $352,700 |
| 2018 | $7,117 | $525,600 | $203,200 | $322,400 |
| 2017 | $6,864 | $483,700 | $188,800 | $294,900 |
| 2016 | $6,692 | $471,300 | $180,400 | $290,900 |
| 2015 | $6,513 | $436,800 | $156,400 | $280,400 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/09/2026 06/09/26 | Price Changed | $1,395,000 | -3.8% | $400 / Sq Ft |
| 05/18/2026 05/18/26 | For Sale | $1,450,000 | -- | $416 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73520588
APN: DANV M:050 L:122 P:
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The property listing data and information, or the Images, 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, and the Images, are for the personal, non-commercial use of consumers having a good faith 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, or as to the accuracy of any of the Images, set forth herein.
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