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$1,197,000
4
Beds
4
Baths
2,974
Living Area
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Property Description
This well-maintained four-family property consists of four 1-bedroom units, perfectly situated near Salem's commuter rail and Salem State University. Each unit features hardwood floors and abundant natural light. The property includes on-site laundry and off-street parking, rare amenities in this sought-after area.Located just minutes from Salem’s historic downtown, with its rich culture, dining, and entertainment options. With stable rental income and significant potential for growth, this property is an investor's dream. The proximity to major transportation and educational hubs ensures consistent demand year-round. Don't miss your chance to own this exceptional investment in one of Salem’s most desirable locations.
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Highlights
- Cooling: Window Unit(s)
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1917
- Heating: Natural Gas
- Parking Spots: 5
- Property Type: 4 Family
- Total Rooms: 16
- Status: Closed
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Additional Details
- Basement: Full, Interior Entry
- Foundation: Stone
- Lot Features: Corner Lot
- Roof: Slate
- Total Number of Units: 4
- Year Built Source: Public Records
- Construction: Frame
- Interior Features: Living Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: R2
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat
- Parking Features: Assigned
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Utilities
- Electric: Circuit Breakers, 200+ Amp Service, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $788,900
- Taxes: $9,167
- Tax Year: 2024
- Total Rent: $3,900
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Liberty Residential Realty, LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
