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Andrew Goldberg

I'm Andrew Goldberg, a Boston real estate advisor specializing in first-time buyers across Greater Boston. I guide you A to Z—from first search to closing day.

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  • 10 Lincoln St, Newton, MA, 02461
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Commonwealth Standard Realty Advisors

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Equal Housing Opportunity. Information deemed reliable but not guaranteed.

  1. Home
  2. Listings
  3. 39 Needham Rd, Danvers, MA 01923
Active
62 Days on market
39 Needham Rd Danvers — Photo 1 of 42

39 Needham Rd Danvers — Photo 1 of 42

$1,200,000

39 Needham Rd, Danvers, MA 01923

Danvers, MA 01923

Beds

6

Baths

4.5

SqFt

3,704

Style

4 Family

Built

1920

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.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$324/sqft
Local Avg (Danvers)$399/sqft
19% BelowMarket Average

* Analysis is based on 22 actively listed and recently sold comparable properties strictly within Danvers, MA.

Property Details

Financials

Original Price$1,200,000
Annual Taxes$9,546

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms14
FireplacesNone
FlooringCarpet, Hardwood
BasementUnfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationGranite
ZoningR1

Property & Lot

Acres0.37
SqFt Lot16,274
Lot Features--

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Highway Access • House of Worship

Geography

Population

27,991

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$125K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

30.8%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Full Danvers, MA market report ZIP 01923 market data
Listing Provided By

Listing Agent: Herrick Lutts Realty Partners

Listing Office: Herrick Lutts Realty Partners

MLS® Number: 73540673

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