Karen Anglim - Andrew Abu Inc Realtors Logo
$1,200,000
 $6,442 est/mo Sourced by Back At You

39 Needham Rd,Danvers, MA 01923

Danvers, MA 01923

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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.

Details

MLS #73540673
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusPending
Year1920
Days On Site82
Listing Provided ByHerrick Lutts Realty Partners | Herrick Lutts Realty Partners

Features

Bed(s)6
Bath(s) 5 Total
SQ Feet3,704
Garage2
BasementY
Story(s)4
Units4
ZoningR1
Acreage0.37
Water FrontYes

Interior

Rooms Total14
Fireplaces Total0
Fireplace Yes / NoNo
FlooringCarpet, Hardwood

Exterior

RoofShingle
Construction MaterialsFrame
Foundation DetailsGranite

Parking

Garage Yes / NoYes
Parking FeaturesPaved Drive, Off Street
Open Parking Yes / NoYes

Utilities

SewerPublic Sewer
Electric200+ Amp Service

Taxes

Tax Annual Amount9546
Tax Assessed Value868600
Tax Year2025

Location

Community FeaturesPublic Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Marina, Public School
Senior Community Yes / NoNo

Area Information

StateMA
CountyEssex
CityDanvers
Zip Code01923
AreaEssex
Listing VS Median (in 01923)
Price:
$1,200,000
low | high
Med:
$669,000
94.25% of Average
sqft:
3,704
low | high
Med:
1,650
100% of Average
$ / sqft:
$324
low | high
Med:
$405
24.849696969697% of Average
On site:
82
low | high
Med:
18
100% of Average
Sourced by Back At You

Market Activity 01923

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Additional Information

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Contact

Learn More About This Property

Karen Anglim

Karen Anglim

Andrew Abu Inc

957618 (508) 277-6209karen@andrewabu.com
StateMA
CountyEssex
CityDanvers
Zip Code01923
AreaEssex
Listing VS Median (in 01923)
Price:
$1,200,000
low | high
Med:
$669,000
94.25% of Average
sqft:
3,704
low | high
Med:
1,650
100% of Average
$ / sqft:
$324
low | high
Med:
$405
24.849696969697% of Average
On site:
82
low | high
Med:
18
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $900K - $1.5M
sqft: 2,500 - 4,500
Nearby Listings Property ImageNearby Listings Details
162 High St Property Photo 1
$1,438,995
162 High St
Danvers, MA 01923
147 High St Property Photo 1
$1,100,000
147 High St
Danvers, MA 01923
Listing Updated: September 14, 2026 at 3:24:48 PM PDT