124 Boston St
$899,000
3
Beds
3
Baths
2,717
Sqft
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$899,000
3
Beds
3
Baths
2,717
Living Area
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Property Description
Mixed-Use Gem in Prime Salem Location! Welcome to 124 Boston Street, a beautifully renovated mixed-use property located in vibrant Salem. This versatile building offers strong investment potential and the perfect blend of residential and commercial space, ideal for owner-occupants or investors alike.The property features two updated residential units: a spacious 1-bedroom, 1-bathroom apartment with modern finishes and abundant natural light, and a 2bedroom, 1bathroom unit, perfect for rental income or multi-generational living. At street level, a renovated commercial storefront offers prime visibility on Boston Street – a high-traffic thoroughfare connecting downtown Salem to Peabody and Route 128. The retail space is ideal for a boutique, office, salon, small cafe, bar and more. Plenty of off st parking and a 2 car detached garage. Located near schools, hospitals, downtown Salem, Highland Ave biz district and major routes like 114, 107, 128 and 1A. Schedule your private showing today!
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Highlights
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1890
- Parking Spots: 6
- Property Type: 3 Family - 3 Units Up/Down
- Total Rooms: 10
- Status: Active
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Additional Details
- Basement: Full
- Foundation: Stone
- SqFt Source: Other
- Year Built Details: Actual, Renovated Since
- Zoning: B2
- Construction: Frame
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
- Parking Features: Paved Drive, Off Street, Paved
- Covered Parking Spaces: 2
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $500,300
- Tax Year: 2024
- Total Rent: $4,900
- Compensation Based On: Net Sale Price
- Taxes: $7,912
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Listing information provided courtesy of Atlantic Coast Homes,Inc.
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