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Key Details
Sold Price $930,000
Property Type Multi-Family
Sub Type 3 Family - 3 Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 2,952 sqft
Price per Sqft $315
MLS Listing ID 73210746
Sold Date 05/22/24
Bedrooms 6
Full Baths 3
Year Built 1915
Annual Tax Amount $7,650
Tax Year 2023
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type 3 Family - 3 Units Up/Down
Property Description
Discover a well-maintained treasure in the heart of Salem, just a stone's throw away from the vibrant downtown scene. This 3-family property boasts spacious 2-bedroom, 1-Bathroom units complete with inviting dining and living areas. Four off street parking spaces gives the potential for added monthly income. Each unit is equipped with separate utilities, ensuring convenience and flexibility for both tenants and landlords alike. Current rents are well below market. This property can be sold with 4 Chase st and 199-201 Lafayette st to create a 12 unit package with 12 off street parking spaces. See attached for detailed income/expenses as well as rent projections.
Location
State MA
County Essex
Zoning R3
Direction Please use GPS
Interior
Heating Steam, Natural Gas, Forced Air
Flooring Wood, Hardwood
Exterior
Community Features Public Transportation
Roof Type Shingle
Total Parking Spaces 4
Garage No
Building
Lot Description Other
Story 6
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Christopher Blasczak • Liberty Residential Realty, LLC
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