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Key Details
Sold Price $3,250,000
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 7,420 sqft
Price per Sqft $438
MLS Listing ID 73187412
Sold Date 04/30/24
Bedrooms 16
Full Baths 15
Year Built 1820
Annual Tax Amount $29,800
Tax Year 2023
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
Sited just one block from historic Salem Common and a short distance to downtown and commuter rail is this circa 1820 Brick Federal 12 unit apartment building with adjacent 3 unit carriage house. Newer roof and heating systems as well as repointed brick exterior. Fantastic rental history and huge potential to upgrade cashflow as all tenants are TAW.
Location
State MA
County Essex
Zoning R2
Direction Rt 1A
Rooms
Basement Full
Interior
Flooring Wood, Tile, Vinyl
Fireplaces Number 2
Exterior
Exterior Feature Rain Gutters
Fence Fenced
Utilities Available for Gas Range
Waterfront Description Beach Front,Bay,1/10 to 3/10 To Beach,Beach Ownership(Public)
View Y/N Yes
View City
Roof Type Shingle
Garage No
Building
Lot Description Corner Lot
Story 5
Foundation Concrete Perimeter, Granite
Sewer Public Sewer
Water Public
Others
Senior Community false
Acceptable Financing Contract
Listing Terms Contract
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Bought with Ted Richard • J. Barrett & Company
Nearby Locations
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