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Key Details
Sold Price $635,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,786 sqft
Price per Sqft $355
MLS Listing ID 73506256
Sold Date 06/01/26
Bedrooms 2
Full Baths 2
Year Built 1864
Annual Tax Amount $8,406
Tax Year 2025
Lot Size 1,742 Sqft
Acres 0.04
Property Sub-Type Multi Family
Property Description
EASY TO OWN - Well-Maintained 2-Unit Apartment Building in a Prime Location. An investment opportunity in an area tenants love. This well-kept 2-unit property features two one-bedroom apartments and additional finished attic space. Just moments from the train, Derby Wharf, Salem Common, Peabody-Essex Museum, and downtown shops and restaurants, making it highly desirable for renters. Property Features: Coin-op laundry in the basement, individual FHW gas heating units (installed within the last 5 years), tandem parking for 2 cars, plus on-street permit parking, newer carpets, and replacement of some windows, skylights, and a Juliet balcony on the third floor. FOR THE SMART BUYER looking to invest in a property with strong rental appeal and long-term potential. Showings by appointment only, beginning on Saturday 1pm-3pm. Please allow 48 hours for responses to Offers. Seller reserves the right to accept an Offer at any time.
Location
State MA
County Essex
Zoning R2
Direction Herbert St. is a one-way off of Derby St. Between Derby St. and Essex St. near Hawthorne Hotel
Rooms
Basement Full, Interior Entry, Concrete, Unfinished
Interior
Interior Features Laundry Room, Bathroom With Tub & Shower, Living Room, Kitchen
Heating None, Baseboard, Natural Gas, Individual, Unit Control
Cooling None
Flooring Vinyl, Carpet, Laminate
Appliance Washer, Dryer, Range, Refrigerator
Exterior
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Marina, Public School, T-Station, University
Roof Type Shingle
Total Parking Spaces 2
Garage No
Building
Lot Description Level
Story 2
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Larissa Nadworny • Charlesgate Realty Group LLC
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