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.
Sold for $1,325,000
$1,325,000
130 Pine St, Danvers, MA 01923
5beds
3,484sqft
4 Family
Built in 1900
-- sqft lot
$-- Zestimate®
$380/sqft
$3,141 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,141/mo
Zestimate® history
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$8,176/mo
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List your homeWhat's special
Modern finishesIn-unit washer and dryerStainless steel appliancesAmple off-street parking
Zillow last checked:
Listing updated:
Listed by:
Herrick Lutts Realty Partners 978-927-1959,
Herrick Lutts Realty Partners 978-927-1959,
Nicholas Zolotas
Bought with:
Nicholas Zolotas
Herrick Lutts Realty Partners
Source: MLS PIN,MLS#: 73520588
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Features
- Basement: Full,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 3,484
- Total interior livable area: 3,484 sqft
- Finished area above ground: 3,484
Property
Parking
- Total spaces: 6
- Parking features: Paved Drive
- Uncovered spaces: 6
Lot
- Size: 0.25 Acres
Details
- Parcel number: M:050 L:122 P:,1879107
- Zoning: R1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 4 Family
Materials
- Foundation: Concrete Perimeter, Stone, Brick/Mortar
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Danvers
Financial & listing details
- Price per square foot: $380/sqft
- Tax assessed value: $842,700
- Annual tax amount: $9,261
- Date on market: 6/19/2026
- Total actual rent: 9045
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Sold | $1,325,000-5%$380/sqft |
Source: MLS PIN #73520588 Report a problem | ||
| 7/9/2026 | Pending sale | $1,395,000$400/sqft |
Source: MLS PIN #73520588 Report a problem | ||
| 6/9/2026 | Price change | $1,395,000-3.8%$400/sqft |
Source: MLS PIN #73520588 Report a problem | ||
| 5/18/2026 | Listed for sale | $1,450,000+468.6%$416/sqft |
Source: MLS PIN #73520588 Report a problem | ||
| 1/7/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/11/2023 | Listed for rent | $1,850$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/31/1996 | Sold | $255,000$73/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,261 +2.5% | $842,700 +3.6% |
| 2024 | $9,035 +1% | $813,200 +6.9% |
| 2023 | $8,942 | $761,000 |
| 2022 | $8,942 +12% | $761,000 +27.2% |
| 2021 | $7,987 -3.9% | $598,300 -6% |
| 2020 | $8,309 +11.4% | $636,200 +13.2% |
| 2019 | $7,462 +4.8% | $561,900 +6.9% |
| 2018 | $7,117 +3.7% | $525,600 +8.7% |
| 2017 | $6,864 +2.6% | $483,700 +2.6% |
| 2016 | $6,692 +2.7% | $471,300 +7.9% |
| 2015 | $6,513 +3.1% | $436,800 +2.7% |
| 2014 | $6,316 +2.2% | $425,300 +0.1% |
| 2013 | $6,180 -1.3% | $425,000 -5.4% |
| 2012 | $6,260 +4% | $449,400 |
| 2011 | $6,022 +3.5% | $449,400 -5.6% |
| 2010 | $5,817 +2.4% | $476,000 -6.1% |
| 2009 | $5,682 +0.8% | $506,900 -6.5% |
| 2008 | $5,639 +4.8% | $542,200 -6.1% |
| 2007 | $5,380 +3.5% | $577,300 +10% |
| 2006 | $5,198 +3% | $525,000 +7% |
| 2005 | $5,045 +4.2% | $490,800 +10.7% |
| 2004 | $4,842 +9.7% | $443,400 +25.7% |
| 2003 | $4,412 +4.9% | $352,700 +8.4% |
| 2002 | $4,205 -1.8% | $325,500 +34.2% |
| 1998 | $4,283 | $242,500 |
Find assessor info on the county website
Neighborhood: 01923
Nearby homes
- $--2 bd2 ba975 sqft130 Pine St APT 1, Danvers, MA 01923Off Market
- $--1 bd1 ba600 sqft130 Pine St #4, Danvers, MA 01923Off Market
- $--1 bd1 ba450 sqft130 Pine St #3, Danvers, MA 01923Off Market
- $--1 bd1 ba800 sqft130 Pine St APT 2, Danvers, MA 01923Off Market
- $---- bd-- ba-- sqft126 Pine St APT 3, Danvers, MA 01923Off Market
- $--1 bd1 ba-- sqft126 Pine St, Danvers, MA 01923Off Market
- $659,2002 bd2 ba1k sqft34 Braman St, Danvers, MA 01923Off Market
- $---- bd-- ba-- sqft34 Braman St APT B, Danvers, MA 01923Off Market
Nearby schools
GreatSchools rating
- 5/10Great Oak Elementary SchoolGrades: K-5Distance: 0.6 mi
- 4/10Holten Richmond Middle SchoolGrades: 6-8Distance: 1.1 mi
- 5/10Danvers High SchoolGrades: 9-12Distance: 1.7 mi
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- Massachusetts
- Essex County
- Danvers
- 01923
- 130 Pine St
