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Key Details
Sold Price $1,425,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,439 sqft
Price per Sqft $261
MLS Listing ID 72749539
Sold Date 06/10/22
Bedrooms 14
Full Baths 10
Year Built 1850
Annual Tax Amount $12,140
Tax Year 2019
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type 5-9 Family
Property Description
Unique investment opportunity in a developing part of Salem. Property was converted to condos in 2008 and only one was sold. Seller is offering the 7 remaining condos. Most of the units have been updated with granite countertops, stainless steel appliances, decorative fireplaces and hardwood floors. Some units have laundry hookups. All units have separate electric and gas range. Owner pays for heat and hot water. Property also comes with 10 off street parking spaces with an option to add more. All TAW. Due to COVID-19 we will only be showing the vacant units by appointment with masks required. All other units will be shown within 48 hours of an accepted offer. Please see attached PDF for detailed income and expenses.
Location
State MA
County Essex
Zoning R2
Direction Bridge st to Boston st
Interior
Interior Features Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Kitchen)
Fireplaces Number 10
Appliance Unit 1(Range, Refrigerator), Unit 2(Range, Dishwasher, Refrigerator), Unit 3(Range, Dishwasher, Refrigerator), Unit 4(Range, Dishwasher, Refrigerator), Oil Water Heater
Exterior
Community Features Public Transportation, T-Station
Roof Type Shingle, Slate, Tar/Gravel, Rubber
Total Parking Spaces 10
Garage No
Building
Story 11
Foundation Stone
Sewer Public Sewer
Water Public
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Bought with George Fallon • Tache Real Estate, Inc.
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