$1,200,000
39 Needham Rd
Danvers, MA, 01923
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.
Property Details
Price:
$1,200,000
MLS #:
73540673
Status:
Active
Beds:
6
Baths:
4.5
Type:
Multi Family
Subtype:
4 Family
Listed Date:
Jun 24, 2026
Finished Sq Ft:
3,704
Total Sq Ft:
3,704
Lot Size:
16,274 sqft / 0.37 acres (approx)
Year Built:
1920
Units:
4
Schools
Interior
Above Grade Finished Area
3704
Bathrooms
4 Full Bathrooms, 1 Half Bathroom
Flooring
Carpet, Hardwood
Levels
4
Exterior
Community Features
Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Marina, Public School
Construction Materials
Frame
Covered Spaces
2
Garage Spaces
2
Open Parking Spaces
4
Open Parking YN
1
Parking Features
Paved Drive, Off Street
Parking Spots
6
Parking Total
6
Roof
Shingle
Stories
4
Waterfront Features
Waterfront, River
Financial
Tax Year
2025
Taxes
$9,546
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Multi Family in Danvers as of Jul 17, 2026
11
Multi Family Listed
40
Avg DOM
365
Avg $ / SqFt
$1,078,973
Avg List Price
Community
- Address39 Needham Rd Danvers MA
- CityDanvers
- CountyEssex
- Zip Code01923
Subdivisions in Danvers
Similar Listings Nearby
Property Summary
- 39 Needham Rd Danvers MA is a Multi Family for sale in Danvers, MA, 01923. It is listed for $1,200,000 To schedule a showing of MLS#73540673 at 39 Needham Rd in Danvers, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Herrick Lutts Realty Partners. 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.
39 Needham Rd
Danvers, MA