For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $855,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,005 sqft
Price per Sqft $426
MLS Listing ID 73367401
Bedrooms 5
Full Baths 3
Year Built 1880
Annual Tax Amount $8,652
Tax Year 2025
Lot Size 2,613 Sqft
Property Sub-Type Multi Family
Property Description
Minutes from downtown Salem, Salem Common, and the T-station, this well-maintained 2-unit property offers a fantastic investment or owner occupant opportunity. The first-floor unit features 2 beds, 1 bath, while the spacious second-floor unit spans 2 levels with 3 beds and 2 full baths, including a primary bath. Both units feature in-unit laundry, cherry cabinets, granite counters, and stainless steel appliances. The open-concept kitchen, living, and dining areas are highlighted by hardwood floors. High-efficiency gas heating, central air, and separate utilities throughout. The property has had many updates in the past 10 years, ensuring modern comfort. Outside, you'll find a shed and parking for 3 cars. The 3-bed unit rents for $2,802/month, and the 2-bed unit for $1850/month. This turnkey property is perfect for investors or owner-occupants looking to offset their mortgage with rental income.
Location
State MA
County Essex
Zoning R2
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Wood, Tile, Carpet, Hardwood, Stone/Ceramic Tile
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Exterior Feature Rain Gutters
Community Features Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, House of Worship, Marina, Public School, T-Station, University
Utilities Available for Electric Range, for Electric Dryer, Washer Hookup
Waterfront Description Ocean,1/2 to 1 Mile To Beach,Beach Ownership(Public)
Roof Type Shingle
Building
Lot Description Level
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
Others
Acceptable Financing Contract
Listing Terms Contract
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with David Brown • Coldwell Banker Realty - Beverly