39 Needham Rd

Danvers, MA 01923

$1,200,000
Price
6
Beds
3,704 Sq. Ft.
$324 / Sq. Ft.
3,704
Sq. Ft.
$324
per Sq. Ft.
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Open: 6/25 04:00PM - 05:30PMNew
Open: 6/25 04:00PM - 05:30PMNew

Description

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...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.
  1. Listed by Herrick Lutts Realty Partners • Herrick Lutts Realty Partners
  2. Listed by Nicholas Zolotas • Herrick Lutts Realty Partners

Property Details for 39 Needham Road

Town
Danvers
Area
MA-Danvers
Garage Spaces
2
Open Parking Spaces
4.00
Parking Spaces Total
6

Open Houses

Thursday, Jun 25th4:00 PM - 5:30 PM
PublicView contact
Sunday, Jun 28th11:00 AM - 12:30 PM
PublicView contact
LISTING UPDATED: 06/25/2026 03:33 AM

Property Details for 39 Needham Road

StatusNew
MLS #73540673
Days on Market1
Taxes$9,546 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 4 Family
Year Built1920
CountyEssex County
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Location

Listing Courtesy of Herrick Lutts Realty Partners, Herrick Lutts Realty Partners; Herrick Lutts Realty Partners, Nicholas Zolotas
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Building Information for 39 Needham Road

Stories4Residences4Year Built1920Building Size-Lot Size0.37 AC / 16,274 SF

Payment Calculator

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$6,775 per month

30 year fixed, 6.36% Interest

Principal and Interest

$5,980

Property Taxes

$796

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 39 Needham Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Marina, Public School
  • Living Area: 3704.0
  • SqFt with Basement: No
  • Total Units: 4
  • Waterfront: Yes
  • Water View: Yes
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Unfinished Basement
  • Num of Baths: 5.0
  • Num of Full Baths: 4
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 4.50
  • Bathrooms Total Integer: 5
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Carpet, Hardwood
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Roof Material: Shingle
  • Waterfront Features: Waterfront, River
  • Waterview Features: River
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: 200+ Amp Service
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Tax ID: M:064 L:019 P:,1881915
  • Assessments: $868,600
  • Book: 43454
  • Tax Year: 2025
  • Zoning: R1
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 4
Other Building Characteristics
  • Foundation: Granite
  • Levels: 4
Income / Expenses
  • GOI: $30,000.00
  • NOI: $30,000.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 1
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $2,500.00

Property History for 39 Needham Road

DateEvent & SourcePriceAppreciation
Jun 24, 2026

Listed (Active)

MLS PIN #73540673

$1,200,000—
DateEvent & SourcePrice
06/24/2026

Listed (Active)

MLS PIN #73540673

$1,200,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 39 Needham Road

Taxable ValueLand$320,700Additions$499,800Total$820,500
Tax Record2024$9,116 ($760 / month)
Home Facts
Baths4Total Finished SqFt3,704 SqFtAbove Grade Finished SqFt3,704 SqFtUnfinished Basement SqFt1,050 SqFtStories2Lot Size16,274 SqFtStyleMulti-Family Res (5+ Units)Year Built1920ZoningR1CountyESSEXAPNDANV M:064 L:019 P:

Schools near 39 Needham Road

This home is within Danvers School District.
Rating
School
Type
Grades
Distance
Riverside Elementary School
Public - PK to 5
Holten Richmond Middle School
Public - 6 to 8
Danvers High School
Public - 9 to 12
Thorpe Elementary School
Public - K to 5
Rating
School
Distance
Riverside Elementary School
PublicPK to 5

Holten Richmond Middle School
Public6 to 8

Danvers High School
Public9 to 12

Thorpe Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 39 Needham Road, Danvers, MA 01923

39 Needham Road is a multi-family home for sale in Danvers, MA 01923. This property was listed for sale on June 24, 2026 by Herrick Lutts Realty Partners, it's currently listed at $1,200,000. This listing's school district is Danvers School District. Nearby schools include Riverside Elementary School, Holten Richmond Middle School and Danvers High School. 39 Needham Road is a 6-bed, 5-bath, 3,704 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Herrick Lutts Realty Partners, Herrick Lutts Realty Partners; Herrick Lutts Realty Partners, Nicholas Zolotas

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.