Sold!
$1,600,000
9
Beds
5
Baths
5,675
Living Area
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Property Description
Rare investment opportunity located at 19-21 Pleasant Street in the Salem Commons District. This 3-story residential building boosts rentable square footage of 5,675 and a total gross square footage of 8,104. 19-21 Pleasant Street presents a nice unit mix of two (2) large one-bedrooms, one (1) two-bedroom, one (1) two-bedroom plus office, and one (1) three-bedroom plus office townhome style. The property features newer gas boiler and hot water tank, updates for electrical with new panels, updated plumbing, apartment renovations (2022/23) to units 19-1 and 19-2, hardwood floors, eat-in kitchens, balconies for each unit, roof (2016/17), coin-op laundry facilities located in the basement. New parking lot (2023) was created behind the property with a total of 10 parking which is rare to find in this location. Rents are below market rates with limited availability around the Salem Commons. Great opportunity to hold as a long term and many different exit strategies due to location.
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Highlights
- Parking Spots: 10
- Property Type: 5+ Family - 5+ Units Side by Side
- Year Built: 1860
- Property Class: Residential Income
- Total Rooms: 21
- Status: Closed
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Additional Details
- Appliances: Utility Connections for Gas Range
- Construction: Frame
- Fireplaces: 2
- Foundation: Stone
- Road Frontage Type: Public
- Total Number of Units: 5
- Year Built Source: Public Records
- Basement: Full, Bulkhead, Concrete
- Exterior Features: Deck - Wood
- Flooring: Tile, Hardwood
- Lot Features: Easements, Level
- Roof: Shingle, Rubber
- Year Built Details: Approximate
- Zoning: R2
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Amenities
- Community Features: Public Transportation, Shopping, Park, Public School, T-Station
- Parking Features: Off Street, Driveway
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Utilities
- Electric: Circuit Breakers, 200+ Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,284,300
- Compensation Based On: Net Sale Price
- Taxes: $16,067
- Buyer Agent Compensation: 2%
- Tax Year: 2023
- Total Rent: $10,685
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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 Choose Boston, LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
