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Key Details
Sold Price $675,000
Property Type Multi-Family
Sub Type 2 Family - 2 Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 3,043 sqft
Price per Sqft $221
MLS Listing ID 73182263
Sold Date 01/03/24
Bedrooms 6
Full Baths 3
Year Built 1900
Annual Tax Amount $7,235
Tax Year 2023
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type 2 Family - 2 Units Up/Down
Property Description
Investors looking for the best condo conversion project in Salem! Or, Savvy Owner Occupied buyers looking for an incredible house hack, look no further! The project just needs your finishing touches and you have top of the line finished product in a red hot condo market! Recent condo sale comps in the area for finished product are over $500/SF!! Off street parking, proximity to public transit, highways, shopping and business and entertainment, this project checks all the boxes! This is either the most profitable condo conversion a developer will ever have, or the best house hack anyone could ever ask for, don't miss it! Have the units ready in time for Spring just as rates start rolling back and set a new record for sale price in Salem!
Location
State MA
County Essex
Zoning R2
Direction Use GPS
Rooms
Basement Full, Walk-Out Access, Bulkhead, Unfinished
Exterior
Fence Fenced/Enclosed
Waterfront Description Beach Front,Ocean,1 to 2 Mile To Beach,Beach Ownership(Public)
Total Parking Spaces 3
Garage No
Building
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Jeffrey Wallace • Compass
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