$1,195,000
9
Beds
4/1
Baths
3,782
Living Area
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Property Description
Incredible investment opportunity in the most desired area of Salem. This large three family home has 2 two bedroom units with 1 bathroom each and one 5 bedroom unit with 2.5 bathrooms and laundry in unit. Units 1 and 2 are made up of mostly hardwood floors with some vinyl. Unit 3 also has a combination of hardwood and vinyl as well as some carpet throughout. Unit 2 which will be delivered vacant has recently been updated with stainless steel appliances, granite countertops and additional upgrades in the bathroom. Units 1 and 3 have exclusive deck space and all three units have off street parking. All utilities and systems are separated. With collins cove and park located at the end of the street, the Salem Common around the corner and commuter rail close by, this is an unbeatable property perfect for either an owner occupant or an investor looking to add to their portfolio. Join us for the open houses Thursday 9/12 from 5-7, Saturday 12-2 or Sunday 12-2pm.
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Highlights
- Parking Spots: 7
- Property Type: 3 Family
- Year Built: 1880
- Property Class: Residential Income
- Total Rooms: 18
- Status: Closed
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Additional Details
- Basement: Full, Unfinished
- Exterior Features: Professional Landscaping
- Foundation: Stone
- Road Frontage Type: Public
- Total Number of Units: 3
- Year Built Source: Public Records
- Construction: Frame
- Flooring: Vinyl, Carpet, Hardwood
- Lot Features: Level
- Roof: Shingle
- Year Built Details: Actual
- Zoning: R2
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, House of Worship, Public School, T-Station, University
- Waterfront Features: Beach Front, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
- Parking Features: Paved Drive, Off Street
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $765,600
- Taxes: $8,896
- Tax Year: 2024
- Total Rent: $8,600
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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 Citylight Homes LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.