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$3,900,000
12
Beds
4/1
Baths
4,775
Living Area
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Property Description
Located in the heart of the North End, the Property offers the rare opportunity to acquire an outstanding core asset in an incredible urban-infill location in one of the strongest real estate markets in the Country. The Property consists of a turnkey brick building comprised of four 3-Bed/1-Bath units and one commercial unit (The Laundry Room). 172 Salem Street is fully occupied and has been comprehensively renovated. Unit features consist of condo quality finishes including granite countertops, newer cabinets, Stainless-steel appliances, newer bathrooms and hardwood and carpet floors. Each residential unit features a Mitsubishi Mini-Split System for cooling and forced hot-water baseboard heating. Additionally, 172 Salem features a new roof and roof deck. All apartments are separately metered for electricity, heat, and air-conditioning which the tenants pay for directly. The Laundry Room pays for all of their utilities and offers wash, dry, fold and dry cleaning/laundry drop off.
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Highlights
- Property Class: Residential Income
- Total Rooms: 23
- Status: Closed
- Property Type: 5+ Family - 5+ Units Up/Down
- Year Built: 1899
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Additional Details
- Basement: Full, Unfinished
- Foundation: Other
- Road Frontage Type: Public
- Total Number of Units: 5
- Year Built Source: Public Records
- Exterior Features: Deck - Roof
- Interior Features: Other (See Remarks)
- Roof: Rubber
- Year Built Details: Approximate
- Zoning: 0013
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, University
- Parking Features: Paved Drive
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Utilities
- Electric: Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,477,800
- Compensation Based On: Gross/Full Sale Price
- Tax Year: 2023
- Total Rent: $21,200
- Buyer Agent Compensation: 1.75%
- Rental Fee Includes: Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $20,020
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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 Blue Ocean Realty, LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
