41 Otis Street, Danvers, MA 01923
Local realty services provided by:CENTURY 21 Topsail Realty
41 Otis Street,Danvers, MA 01923
$1,099,900
- 2 Beds
- 2 Baths
- 1,629 sq. ft.
- Single family
- Active
Listed by: anita horowitz team, luciano leone
Office: re/max 360
MLS#:73578410
Source:MLSPIN
Price summary
- Price:$1,099,900
- Price per sq. ft.:$675.2
About this home
Your next project awaits with this amazing redevelopment opportunity! This unique property carries two buildable lots with proper frontage - Lot A: 34 Pine St, which is 16,321 sq ft and Lot B:41 Otis St, which is 12,343 sq ft - on the same deed. A plot plan is attached in the listing photos. With proper town review and approvals, along with a proposed dimensional variance there are many potential redevelopment options (up to 3-4 units) for the savvy investor. By right for development purposes, re-deeding the lots into 2 separate deeds will allow the front lot (41 Otis) a single family and ADU, and the rear lot (34 Pine a SF/duplex and ADU. A shared driveway from Otis St (by variance) is likely the best option for access to both future developments. The current owner has also reached out to the town planning director about removing part of the barrier on Pine St, if there's to be a curb cut on 34 Pine (rear lot). Whether lots are re-deeded into separate lot or left as one large lot, there are endless possibilities for this corner lot. Potential buyers may even want to live in the front home while creating their dream home on the rear lot! The home on the front lot is an airy 2BR/2BA Ranch, located in the heart of a well-established neighborhood, with proximity to all Danvers has to offer! A multitude of shops & restaurants are easily accessible, along with highways, North Shore Mall, and several schools right there. After admiring the expansive outdoor space - step inside and feel solid hardwood on your feet. Enormous living room leads to dining room and kitchen. Down the hall is a full bathroom and the primary bedroom. Head downstairs for another bedrooms, a second kitchen, full bathroom, family room and an office. Laundry room walks out to yard. Detached 1 car garage with storage. Great redevelopment and ADU potential, with proper town approvals! Buyers and agents should conduct proper due diligence to verify all info herein....
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Home facts
- Year built:1955
- Listing ID #:73578410
- Updated:September 17, 2026 at 11:06 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:9
- Flooring:Flooring - Stone/Ceramic Tile, Flooring - Vinyl, Hardwood, Tile, Vinyl
- Dining Description:Ceiling Fan(s), Closet/Cabinets - Custom Built, Hardwood, Open Floorplan
- Kitchen Description:Disposal, Exterior Access, Flooring - Vinyl, Kitchen, Range, Refrigerator
- Basement Description:Finished, Full, Interior Entry, Sump Pump, Walk-Out Access
- Living area:1,629 sq. ft.
Heating and cooling
- Cooling:1 Cooling Zone, Window Unit(s)
- Heating:Baseboard, Hot Water, Natural Gas
Structure and exterior
- Roof:Shingle
- Year built:1955
- Building area:1,629 sq. ft.
- Lot area:0.66 Acres
- Lot Features:Corner Lot, Level
- Architectural Style:Ranch
- Construction Materials:Frame
- Exterior Features:Rain Gutters, Sprinkler System, Storage
- Foundation Description:Block
Schools
- High school:Danvers High School
- Middle school:Holten Richmond
- Elementary school:Great Oak
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,099,900
- Price per sq. ft.:$675.2
- Tax amount:$9,200 (2025)
Features and amenities
- Appliances:Disposal, Range, Refrigerator
- Laundry features:Electric Dryer Hookup, Exterior Access, In Basement, Lighting - Overhead, Washer Hookup
- Amenities:Lighting - Overhead
Parking
- Total parking spaces:3
- Parking description:Detached, Garage Door Opener, Off Street, Paved, Paved Drive, Storage, Workshop in Garage
- Garage:Yes
- Garage spaces:1
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