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Key Details
Sold Price $505,000
Property Type Multi-Family
Sub Type 2 Family - 2 Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 1,280 sqft
Price per Sqft $394
MLS Listing ID 73219947
Sold Date 06/05/24
Bedrooms 2
Full Baths 2
Year Built 1961
Annual Tax Amount $6,011
Tax Year 2024
Lot Size 2,613 Sqft
Acres 0.06
Property Sub-Type 2 Family - 2 Units Up/Down
Property Description
Don't miss this fantastic opportunity! Nestled in the Witchcraft Heights neighborhood of Salem, this beautiful turnkey 2-family home offers both immediate benefits and long-term potential. The first floor has been thoughtfully updated, boasting a brand-new kitchen, bathroom, and fresh paint. Meanwhile, the second floor exudes charm with beautifully restored hardwood floors, a sleek modern kitchen featuring new appliances, and a stunning granite bar countertop. Major updates completed, including a new roof, updated electric system, and vinyl siding, along with separate utilities for each unit. Whether you're an investor looking to maximize income potential by renting out both units or a homeowner seeking to offset mortgage costs by living in one unit while renting out the other, this is for you! First floor to be delivered vacant, 2nd floor lease ends Aug. 31st (tenant wishes to remain). Enjoy easy access to the commuter rail, waterfront, and downtown!
Location
State MA
County Essex
Zoning R1
Direction Check GPS, Nichols Street is a one way from Boston Street
Rooms
Basement Full
Interior
Interior Features Pantry, Bathroom With Tub & Shower, Cathedral/Vaulted Ceilings, Upgraded Countertops, Kitchen, Living RM/Dining RM Combo
Heating Natural Gas
Cooling None
Flooring Wood, Laminate, Hardwood
Appliance Range, Refrigerator, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Exterior Feature Rain Gutters
Fence Fenced
Community Features Public Transportation, Shopping, Medical Facility, House of Worship, University
Utilities Available for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Roof Type Asphalt/Composition Shingles
Total Parking Spaces 2
Garage No
Building
Lot Description Corner Lot
Story 3
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
Elementary Schools Witchcraft
Middle Schools Collins
High Schools Salem
Others
Senior Community false
Acceptable Financing Contract
Listing Terms Contract
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Bought with Alexander Colarusso • Colarusso Realty
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