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.
- Basement:
- Unfinished
- Parking:
- Off Street, Paved Drive
- Construction:
- Frame
- Flooring:
- Hardwood, Carpet
- Sewer:
- Public Sewer
- Water:
- Public
- Electric Feature:
- 200+ Amp Service
- Garage Parking:
- 2
- Lead Paint:
- Unknown
- Waterview Features:
- River
- Market Time:
- 17
- Parking Spaces:
- 6
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $324
- Zoning:
- R1
- No Units:
- 4
- Orig Price:
- $1,200,000
- LEASE:
- No
- Waterfront:
- Yes
- MlsStatus:
- Active
- City:
- Danvers
- State:
- MA
- County:
- Essex
- Postal Code:
- 01923
- Longitude:
- W71° 4' 22''
- Latitude:
- N42° 33' 1.6''
Residential Income
39 Needham Rd, Danvers, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,200,000
- Bedrooms :
- 6
- Rooms :
- 14
- Total Bathrooms :
- 4.5
- Full Bathrooms :
- 4
- Half Bathrooms :
- 1
- Square Footage :
- 3,704 Sqft
- Year Built :
- 1920
- Lot Area :
- 0.37 Acre
- Listing ID :
- 73540673
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com