Sold!
$920,000
7
Beds
4
Baths
3,155
Living Area
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Property Description
Fabulous investment opportunity in the heart of Salem offers a unique blend of urban living renowned for its maritime history and vibrant cultural scene. This property features three spacious, separate units, blown-in insulation, many replaced windows, a new heating system & hot water holding tank, new electrical panels, a two-car garage, and lots of parking in a newly replaced and sealed driveway, Whether you are looking to expand your investment portfolio or live in one unit while renting out the others, this spacious multi-family property offers an incredible investment potential and a comfortable living space. Shown by appointment. Additional photos are forthcoming.
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Highlights
- Heating: Hot Water
- Parking Spots: 6
- Property Type: 3 Family
- Total Rooms: 18
- Status: Closed
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1915
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Additional Details
- Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
- Construction: Frame
- Flooring: Laminate, Carpet, Hardwood
- Interior Features: Pantry, Bathroom With Tub, Storage, Bathroom with Shower Stall, Living Room, Kitchen, Laundry Room, Sunroom
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: R3
- Basement: Full, Walk-Out Access, Interior Entry, Unfinished
- Exterior Features: Balcony/Deck
- Foundation: Stone
- Lot Features: Level
- Roof: Slate
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, House of Worship, Private School, Public School, University
- Parking Features: Paved Drive, Off Street, Driveway, Paved
- Covered Parking Spaces: 2
- Waterfront Features: 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: $649,100
- Tax Year: 2024
- Total Rent: $5,280
- Rental Fee Includes: Unit 1(Heat, Gas, Water, Hot Water), Unit 2(Heat, Gas, Water, Hot Water), Unit 3(Heat, Gas, Water, Hot Water)
- Taxes: $7,543
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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 Sunrise Realty & Investment LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
