MA
Essex
Danvers
01923
41 Otis Street
41 Otis Street, Danvers, MA 01923
Share Listing
Listing Type
Single Family
Listing Status
Active
42
$1,099,900

Home Details for 41 Otis Street

Price
$1,099,900
Type
Residential
Bedrooms
2
Total Bathrooms
2
Full Bathrooms
2
Square feet
1629
Year built
1955
Lot size acres
0.66
County
Essex
Total rooms
9
Garage
1
Basement
Full, Finished, Walk-Out Access, Interior Entry, Sump Pump
MLS Listing#
73578410
Property Description

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.

Property Features
  • Parking
    • Paved
    • Detached
    • Garage Door Opener
    • Storage
    • Workshop in Garage
    • Off Street
  • Basement
    • Full
    • Finished
    • Walk-Out Access
    • Interior Entry
    • Sump Pump
  • House Interior
    • Master Downstairs
    • Walk-In Closet(s)
    • Open Floorplan
    • Ceiling Fan(s)
  • Heating Information
    • Natural Gas
    • Baseboard
    • Hot Water
  • Cooling Information
    • Window Unit(s)
  • Water Features
    • Public
School Information
School Information for 41 Otis Street, Danvers, MA 01923
Elementary School
Great Oak
Middle School
Holten Richmond
High School
Danvers High School
Listing Courtesy: RE/MAX 360 - 978-535-3122
Presented by: Luciano Leone Team
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, landlords 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, leasing or renting 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, leasing or renting. 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. Copyright ©2026 MLS Property Information Network, Inc. All Rights Reserved.
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Market statistics compiled from data from Massachusetts Association of REALTORS.
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85 Wilmington Road, Burlington, MA 01803
Office
781 270 4770
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