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Key Details
Sold Price $925,000
Property Type Multi-Family
Sub Type 3 Family - 3 Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 3,257 sqft
Price per Sqft $284
MLS Listing ID 73168330
Sold Date 11/21/23
Bedrooms 5
Full Baths 3
Year Built 1930
Annual Tax Amount $8,726
Tax Year 2023
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type 3 Family - 3 Units Up/Down
Property Description
Amazing income potential in this solid three family in an ideal Salem location. Newer roof, siding, windows, gas boilers, and hot water tanks. Each of the three units have generous floor plans. 1st and 2nd floor units include 2 beds, living room, den, dining room, kitchen and heated sunroom. 3rd floor offers 1 bed, kitchen, office, living room and heated sunroom. Unit 2 will soon be vacant, units 1 and 3 currently rented with tenants at will. There are two parking areas: 3 car tandem to the left of the building and 2 car paved park in the back of the lot accessed via Jackson Terr. The full basement offers ample storage, utilities and dedicated laundry hook ups for each unit. This is a fantastic opportunity for income producing owner occupied home or investment property. Just add a little buff and reap the full market return for each rented unit.
Location
State MA
County Essex
Zoning R2
Direction Essex St to Dalton Pkwy
Rooms
Basement Full, Interior Entry, Bulkhead
Interior
Interior Features Unit 1(Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower), Unit 3(Bathroom with Shower Stall), Unit 1 Rooms(Living Room, Dining Room, Kitchen, Office/Den, Sunroom), Unit 2 Rooms(Living Room, Dining Room, Kitchen, Office/Den, Sunroom), Unit 3 Rooms(Living Room, Kitchen, Office/Den, Sunroom)
Heating Unit 1(Gas), Unit 2(Gas), Unit 3(Gas)
Cooling Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC)
Flooring Vinyl, Carpet, Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
Fireplaces Number 2
Fireplaces Type Unit 1(Fireplace - Wood burning), Unit 2(Fireplace - Wood burning)
Appliance Unit 1(Range, Dishwasher, Refrigerator), Unit 2(Range, Dishwasher, Refrigerator), Unit 3(Range, Dishwasher, Refrigerator), Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Laundry Washer Hookup
Exterior
Community Features Public Transportation, Shopping, Park, Medical Facility, House of Worship, Marina, Private School, Public School, T-Station
Utilities Available for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Waterfront Description Beach Front,Harbor,Ocean,1 to 2 Mile To Beach,Beach Ownership(Public)
Roof Type Shingle
Total Parking Spaces 5
Garage No
Building
Lot Description Level
Story 6
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Acceptable Financing Contract
Listing Terms Contract
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Bought with Christopher Blasczak • Liberty Residential Realty, LLC
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