Sold!
$505,000
2
Beds
2
Baths
1,280
Living Area
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Property Description
Don't miss this fantastic opportunity! Nestled in the Witchcraft Heights neighborhood of Salem, this beautiful turnkey 2-family home offers both immediate benefits and long-term potential. The first floor has been thoughtfully updated, boasting a brand-new kitchen, bathroom, and fresh paint. Meanwhile, the second floor exudes charm with beautifully restored hardwood floors, a sleek modern kitchen featuring new appliances, and a stunning granite bar countertop. Major updates completed, including a new roof, updated electric system, and vinyl siding, along with separate utilities for each unit. Whether you're an investor looking to maximize income potential by renting out both units or a homeowner seeking to offset mortgage costs by living in one unit while renting out the other, this is for you! First floor to be delivered vacant, 2nd floor lease ends Aug. 31st (tenant wishes to remain). Enjoy easy access to the commuter rail, waterfront, and downtown!
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Highlights
- Heating: Natural Gas
- Property Class: Residential Income
- Total Rooms: 8
- Status: Closed
- Parking Spots: 2
- Property Type: 2 Family - 2 Units Up/Down
- Year Built: 1961
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Additional Details
- Appliances: Range, Refrigerator, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher
- Construction: Frame
- Flooring: Wood, Laminate, Hardwood
- Interior Features: Pantry, Bathroom With Tub & Shower, Cathedral/Vaulted Ceilings, Upgraded Countertops, Kitchen, Living RM/Dining RM Combo
- Road Frontage Type: Public
- Total Number of Units: 2
- Year Built Source: Public Records
- Basement: Full
- Exterior Features: Rain Gutters
- Foundation: Concrete Perimeter
- Lot Features: Corner Lot
- Roof: Asphalt/Composition Shingles
- Year Built Details: Actual
- Zoning: R1
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Amenities
- Community Features: Public Transportation, Shopping, Medical Facility, House of Worship, University
- Parking Features: Off Street, Tandem, Paved
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Utilities
- Electric: 220 Volts
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $517,300
- Compensation Based On: Gross/Full Sale Price
- Tax Year: 2024
- Total Rent: $3,550
- Buyer Agent Compensation: 2%%
- Rental Fee Includes: Unit 1(Water, Other (See Remarks)), Unit 2(Water, Other (See Remarks))
- Taxes: $6,011
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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 Keller Williams Realty Boston Northwest.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
