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Key Details
Sold Price $918,000
Property Type Multi-Family
Sub Type 3 Family - 3 Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 3,174 sqft
Price per Sqft $289
MLS Listing ID 72866422
Sold Date 09/09/21
Bedrooms 8
Full Baths 3
Year Built 1915
Annual Tax Amount $9,161
Tax Year 2021
Lot Size 0.270 Acres
Acres 0.27
Property Sub-Type 3 Family - 3 Units Up/Down
Property Description
Charming well maintained 3 family on corner lot in the heart of Salem! This large 16 room 8+ bed 3 family features two very spacious 1st and 2nd floor units and a 3rd floor 1 bedroom unit with spectacular views from the roof-deck. All utilities were separated and gas heating systems within the past 10 years. New garage roof. Garage spaces rented for additional $500 a month! The property sits on a huge lot with 4 garage spaces, 6+ additional off-street parking spaces and a spacious back yard for entertaining. Coin-Op Laundry in basement brings in extra income. The property is in close proximity to major highways, public transportation and downtown Salem. Come take advantage of the great cash flow opportunity for investors or owner-occupied while renting out the other units. Great Condo Conversion or Development Opportunity with the huge lot! Cash Cow with over $6,400 in monthly income! Open House Sunday 7/18, 12-2pm. Offers due Tuesday 7/20 at 2pm.
Location
State MA
County Essex
Zoning R1
Direction Google
Rooms
Basement Full, Interior Entry, Concrete
Interior
Interior Features Unit 1 Rooms(Living Room, Kitchen, Office/Den), Unit 2 Rooms(Living Room, Kitchen, Family Room), Unit 3 Rooms(Living Room)
Heating Unit 1(Forced Air, Gas), Unit 2(Forced Air, Gas), Unit 3(Forced Air, Gas)
Cooling Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC)
Appliance Washer, Dryer, Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Gas Water Heater
Exterior
Exterior Feature Rain Gutters, Storage, Garden
Garage Spaces 4.0
Fence Fenced
Community Features Public Transportation, Shopping, Park, Golf, Medical Facility, Highway Access
Roof Type Shingle
Total Parking Spaces 10
Garage Yes
Building
Lot Description Corner Lot, Gentle Sloping
Story 6
Foundation Granite
Sewer Public Sewer
Water Public
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Bought with Laurence Tamkin • Boston Commercial Realty
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