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$1,200,000
6
Beds
4/1
Baths
3,704
Living Area
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Property 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.
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Highlights
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1920
- Parking Spots: 6
- Property Type: 4 Family
- Total Rooms: 14
- Status: Closed
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Additional Details
- Basement: Unfinished
- Flooring: Carpet, Hardwood
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: R1
- Construction: Frame
- Foundation: Granite
- Roof: Shingle
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Marina, Public School
- Parking Features: Paved Drive, Off Street
- Waterfront Features: Waterfront, River
- Covered Parking Spaces: 2
- Waerfront: Yes
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Utilities
- Electric: 200+ Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $868,600
- Taxes: $9,546
- Tax Year: 2025
- Total Rent: $2,500
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Herrick Lutts Realty Partners.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
