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.
48 days
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1,042
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33
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Zillow last checked:
Listing updated:
Listed by:
Herrick Lutts Realty Partners978-927-1959,
Herrick Lutts Realty Partners978-927-1959,
Nicholas Zolotas978-968-0308
Source: MLS PIN,MLS#: 73540673
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