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130 Pine St
Danvers, MA 01923
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Strong Cash Flow & Upside <ul><li><strong>Rare Two-Building Portfolio</strong> – Two separate two-family homes on one lot offering operational flexibility and reduced risk</li><li><strong>Updated Units Throughout</strong> – Modern finishes including stainless steel appliances and in-unit washer/dryer in all units</li><li><strong>Strong In-Place Income</strong> – Stabilized asset with a proven unit mix and consistent rental demand</li><li><strong>Desirable Unit Mix</strong> – Three 1BR units and one 2BR unit appealing
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
