48 Endicott St Salem, MA 01970

Excellent Investment Opportunity--This huge, stately-looking, six-unit building located on the fringe of the McIntire District offers many options to an investor looking to build equity in a property close to Salem's vibrant downtown. Whether one prefers to hold the property and collect rents or consider the potential for future condominium conversion, the opportunities are limitless. These are 2 adjoined buildings with separate entrances and basements, spacious units and separate systems. Property is in need of substantial renovation. Limited information available as this is part of an estate, therefore, some details are approximate. Fully tenanted building with below market rents.Property being sold in "as is" condition with tenants to remain with sale. Buyer to perform own due diligence. First showing will include access to one-unit and basement only. Proof of funds/pre-approval required prior to showing. Offers due Friday, April 29, 5:00 p.m. Please allow 3 days response time.