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39 Needham Rd, 
Danvers, MA 01923

$1,200,000

6

Beds

5

Baths

3,704

Sq Ft

Multi-Family

Active

Listed by

Herrick Lutts Realty Partners

, 

Nicholas Zolotas

Herrick Lutts Realty Partners

978-927-1959

Last updated:

July 22, 2026, 05:29 PM

MLS#

73540673

Source:

MLSPIN

About This Home

39 Needham Rd

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.

Home Facts

Multi-Family

5 Baths

6 Bedrooms

Built in 1920

Price Summary

1,200,000

$323 per Sq. Ft.

MLS #:

73540673

Last Updated:

July 22, 2026, 05:29 PM

Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

4

Interior

Living Area:

3,704 Sq. Ft.

Structure

Structure

Building Area:

3,704 Sq. Ft.

Year Built:

1920

Lot

Lot Size (Sq. Ft):

16,274

Finances & Disclosures

Finances

Price:

$1,200,000

Price per Sq. Ft:

$323 per Sq. Ft.

Source:MLSPIN
The property listing data and information, or the Images, 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, 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. 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.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.