Sold for $1,200,000

$1,200,000

39 Needham Rd, Danvers, MA 01923

6beds

3,704sqft

4 Family

Built in 1920

-- sqft lot

$-- Zestimate^®

$324/sqft

$-- Estimated rent

Home value

Not available

Estimated sales range

Not available

Zestimate^® history

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What's special

Overlooking the crane riverTwo separate garage bays

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 5
Full bathrooms: 4
1/2 bathrooms: 1

Features

Flooring: Carpet, Hardwood
Basement: Unfinished
Has fireplace: No

Interior area

Total structure area: 3,704
Total interior livable area: 3,704 sqft
Finished area above ground: 3,704

Property

Parking

Total spaces: 6
Parking features: Paved Drive, Off Street
Garage spaces: 2
Uncovered spaces: 4

Features

Has view: Yes
View description: Water, River
Has water view: Yes
Water view: River,Water
Waterfront features: Waterfront, River

Lot

Size: 0.37 Acres

Details

Parcel number: M:064 L:019 P:,1881915
Zoning: R1

Construction

Type & style

Home type: MultiFamily
Property subtype: 4 Family

Materials

Frame
Foundation: Granite
Roof: Shingle

Condition

Year built: 1920

Utilities & green energy

Electric: 200+ Amp Service
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Marina, Public School

Location

Region: Danvers

Financial & listing details

Price per square foot: $324/sqft
Tax assessed value: $868,600
Annual tax amount: $9,546
Date on market: 7/30/2026
Total actual rent: 2500

Price history

Date	Event	Price
9/21/2026	Sold	$1,200,000$324/sqft
Source: MLS PIN #73540673 Report a problem
8/24/2026	Pending sale	$1,200,000$324/sqft
Source: MLS PIN #73540673 Report a problem
6/24/2026	Listed for sale	$1,200,000$324/sqft
Source: MLS PIN #73540673 Report a problem