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39 Needham Rd 01923, Danvers

$1,200,000

For Sale

3704 SqFt

Size

6

Bedrooms

5

Bathrooms

73540673

Property Id

Property image 1
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Description

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.

Address

Address39 Needham Rd 01923 Danvers, MA
CountryUS
Property Type

Residential Income

Property Class

ResidentialProperty

Style

4 Family

Transaction Type

Sale

Year Built

1920

Total Rooms

14

Bedrooms

6

Bathrooms (Full)

5

Bathrooms (Half)

1

Square Feet

3,704 sqft

Lot Size

16,274 sqft

Flooring

Carpet, Hardwood

Parking

6

Total Rooms

14

Bedrooms

6

Full Bathrooms

5

Half Bathrooms

1

Flooring

Carpet, Hardwood

Basement

Unfinished

List Price

$1,200,000

Original Price

$1,200,000

Price per Sqft

$324

Annual Property Taxes

$9,546

Tax Assessment Year

2025

Monthly Tax Estimate

$796

MLS Pin© 2026 MLS Property Information Network, Inc. (MLSPIN). The property listing data and information 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 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 set forth herein. This information was last updated on Saturday, July 11, 2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Please contact Herrick Lutts Realty Partners directly for additional information pertaining to the status and availability of properties displayed on this website.