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Key Details
Sold Price $875,000
Property Type Multi-Family
Sub Type 4 Family - 4 Units Side by Side
Listing Status Sold
Purchase Type For Sale
Square Footage 4,118 sqft
Price per Sqft $212
MLS Listing ID 72702130
Sold Date 01/07/21
Bedrooms 8
Full Baths 4
Year Built 1915
Annual Tax Amount $9,372
Tax Year 2020
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type 4 Family - 4 Units Side by Side
Property Description
This rare four family is a great investment property or your next/1031 exchange! It has a fabulous location. It's centrally located to Pickering Wharf, waterfront, museums, shops , stores, restaurants, commuter rail and Salem State University. They are all minutes away. This multi family property boast 20 rooms, 8 bedrooms, and 4 full baths in these spacious 5 room units, with 4118 square feet of total living area. The units all have individual gas and electric meters per unit. The apartments have hardwood floors and pantries in each unit, and individual storage units in the basement. They are all separate furnaces and hot water tanks, and have been replaced in the last couple of years as well. There is a washer dryer hook up in the basement also. The units are fully occupied and they are tenants at will. These rents are currently below market value. So set up your appointment today, 24 to 48 hours needed to schedule showings with tenants.
Location
State MA
County Essex
Zoning R3
Direction Lafayette to Ropes St or GPS.
Rooms
Basement Full
Interior
Interior Features Storage, Unit 1(Pantry, Storage, High Speed Internet Hookup, Bathroom With Tub & Shower), Unit 2(Pantry, Storage, High Speed Internet Hookup, Bathroom With Tub & Shower), Unit 3(Pantry, Storage, High Speed Internet Hookup, Bathroom With Tub & Shower), Unit 4(Pantry, Storage, High Speed Internet Hookup, Bathroom With Tub & Shower), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen), Unit 3 Rooms(Living Room, Dining Room, Kitchen), Unit 4 Rooms(Living Room, Dining Room, Kitchen)
Heating Unit 1(Gas), Unit 2(Gas), Unit 3(Gas), Unit 4(Gas)
Cooling Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC), Unit 4(Window AC)
Flooring Vinyl, Varies Per Unit, Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors), Unit 4(Hardwood Floors)
Appliance Washer, Dryer, Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Unit 4(Range, Refrigerator), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
Laundry Laundry Room, Washer Hookup
Exterior
Exterior Feature Rain Gutters
Community Features Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
Utilities Available for Gas Range, for Electric Dryer, Washer Hookup
Roof Type Rubber
Garage No
Building
Lot Description Level
Story 6
Foundation Stone, Brick/Mortar
Sewer Public Sewer
Water Public
Others
Senior Community false
Acceptable Financing Contract
Listing Terms Contract
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Bought with Egi Gjikondi • Broad Street Boutique Realty LLC
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