Sold!
$775,000
4
Beds
2/1
Baths
2,160
Living Area
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Property Description
This large two-family is located on a dead-end street near the Beverly Salem Bridge yet close enough to lively downtown Salem and the commuter line. This one has great potential for multiple buyers: First-time home buyers, multi-generational home buyers, or investor buyers. First-time home buyers can live in one unit while collecting rent from the other. The multi-generational homebuyer can use the first-floor unit as a one-level space for a family member while having lots of space for the rest of the family in the larger 2nd unit, which features two floors, 3 large bedrooms, and 1.5 baths. Investor buyers can use this as a buy-and-hold, condo conversion, or potential short-term rental property. Buy and use as is, or bring your renovation ideas to update this property. Recent updates include new electric service and panels in 2023 and new heat systems within the last 5 years. Showings Only at Open Houses Sat & Sun 11:30 -1 pm. **All Offers Due For Seller Review by Tuesday by 1 pm.**
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Highlights
- Heating: Natural Gas
- Property Class: Residential Income
- Total Rooms: 11
- Status: Closed
- Parking Spots: 3
- Property Type: Multi Family
- Year Built: 1880
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Additional Details
- Appliances: Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer
- Flooring: Tile, Vinyl, Carpet, Hardwood, Stone/Ceramic Tile
- Interior Features: Ceiling Fan(s), Storage, Living Room, Dining Room, Kitchen, Family Room
- Roof: Shingle
- Year Built Details: Actual
- Zoning: R2
- Basement: Full, Sump Pump
- Foundation: Stone
- Road Frontage Type: Public
- Total Number of Units: 2
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Marina, Private School, Public School, T-Station, University
- Parking Features: Paved Drive, Off Street, On Street, Paved
- Covered Parking Spaces: 1
- Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $416,400
- Compensation Based On: Net Sale Price
- Rental Fee Includes: Unit 1(None), Unit 2(None)
- Taxes: $4,839
- Buyer Agent Compensation: 2%%
- Facilitator Compensation: 2%%
- Tax Year: 2024
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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 William Raveis R.E. & Home Services.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
