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Key Details
Sold Price $1,100,039
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,433 sqft
Price per Sqft $202
MLS Listing ID 72877610
Sold Date 09/20/21
Bedrooms 10
Full Baths 4
Year Built 1917
Annual Tax Amount $8,489
Tax Year 2021
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type 4 Family
Property Description
7 Hancock Street is a 4-unit multifamily located in Salem, Massachusetts. 7 Hancock Street provides investors with a value-add opportunity in a rapidly appreciating submarket. Salem, one of the North Shores most vibrant towns, is known for its museums and attractions dedicated to the city's rich history which draws hundreds of thousands of tourists annually. 7 Hancock Street is conveniently situated between Salem State University and down-town Salem, providing a healthy renter population of both students and professionals. The neighborhood commuters enjoy the benefit of being in close proximity to Rte 1, I-95, and Salem's MBTA Station, which provides residents quick and easy access to down-town Boston.
Location
State MA
County Essex
Zoning R2
Direction Lafayette to Hancock Street via 1A
Interior
Flooring Other
Exterior
Total Parking Spaces 3
Garage No
Building
Lot Description Other
Story 8
Foundation Granite
Sewer Public Sewer
Water Public
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Bought with Joshua Green • Berkshire Hathaway HomeServices Commonwealth Real Estate
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