39 Needham Rd Danvers, MA 01923
Estimated payment $7,265/month
Highlights
- Marina
- River View
- Waterfront
- Medical Services
- Granite Flooring
- Property is near public transit and schools
About This Home
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.
Open House Schedule
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Thursday, June 25, 20264:00 to 5:30 pm6/25/2026 4:00:00 PM +00:006/25/2026 5:30:00 PM +00:00Showings of vacant units only.Add to Calendar
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Sunday, June 28, 202611:00 am to 12:30 pm6/28/2026 11:00:00 AM +00:006/28/2026 12:30:00 PM +00:00Showings of vacant units only.Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,546
Year Built
- Built in 1920
Lot Details
- 16,274 Sq Ft Lot
- Waterfront
Parking
- 2 Car Garage
- Driveway
- 4 Open Parking Spaces
- Off-Street Parking
Home Design
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,704 Sq Ft Home
- Property has 1 Level
- River Views
- Unfinished Basement
Flooring
- Wood
- Carpet
- Granite
Bedrooms and Bathrooms
- 6 Bedrooms
Additional Features
- Property is near public transit and schools
- 200+ Amp Service
Listing and Financial Details
- Assessor Parcel Number M:064 L:019 P:,1881915
Community Details
Amenities
- Medical Services
- Shops
Recreation
- Marina
- Park
Additional Features
- 4 Units
- Net Operating Income $30,000
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 06/24/2026 06/24/26 | For Sale | $1,200,000 | -- | $324 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73540673
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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