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Key Details
Sold Price $880,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,690 sqft
Price per Sqft $327
MLS Listing ID 73200448
Sold Date 03/15/24
Bedrooms 7
Full Baths 3
Year Built 1914
Annual Tax Amount $8,100
Tax Year 2023
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Multi Family
Property Description
Opportunity awaits! Whether you're an investor looking to grow your portfolio, or you're looking to purchase your first multi to live in one of the units while generating rental income, this is the best of both worlds. Unit 1 was just completely renovated. Hardwood floors, quartz countertops, shaker cabinets, stainless appliances. Live in unit 1, and collect rent from unit 2. Or rent unit 1 to generate 7K cash flow per month. Located on the corner of Summer and Prescott street within a quarter mile of The Salem Post Office, Steve's Market, The Derby and much more. Enjoy all that downtown Salem has to offer - Don't miss out! Basement has been completely renovated. New electrical in the last 18 months. Brand new Washer/Dryer coin ops. Brand new exterior decks.
Location
State MA
County Essex
Zoning R2
Direction Jefferson Ave to Summer
Rooms
Basement Full
Interior
Interior Features Living Room, Kitchen, Office/Den, Dining Room
Flooring Wood
Appliance Range, Dishwasher, Refrigerator, Freezer, Microwave
Exterior
Exterior Feature Rain Gutters
Community Features Public Transportation, Shopping, Park, Golf, Medical Facility, Highway Access, Public School, T-Station, University
Utilities Available for Gas Range
Roof Type Slate
Garage No
Building
Lot Description Corner Lot
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
Schools
Elementary Schools Saltonstall
Middle Schools Collins
High Schools Salem
Others
Senior Community false
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Bought with Peggy Pratt • Century 21 North East
Nearby Locations
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