Sold!
$760,000
5
Beds
2
Baths
2,541
Living Area
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Property Description
2 family with off street parking up to 6 cars. Walk to train, downtown, Forest river Park, Salem University, PEM, Pickering wharf, restaurants and grocery store. Rents below market. Both units have a deck. Both units have washer and dryer hook ups in basement connected to their units electrical. Property has a great rental history. Roof is slate and has had some repairs. Back of house is asphalt shingles and is 3 yrs old roof. The gas fired heating systems are 10 yrs old. Hot water tanks are 2 years old. Third floor has a bedroom and a family room with an additional room for storage all heated. Owners have never lived in premises. One owner is a licensed real estate agent.
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Highlights
- Area: Forest River
- Parking Spots: 6
- Property Type: Multi Family
- Year Built: 1870
- Heating: Unit 1(Hot Water Baseboard, Gas), Unit 2(Hot Water Radiators, Gas)
- Property Class: Residential Income
- Total Rooms: 10
- Status: Closed
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Additional Details
- Appliances: Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Electric Dryer
- Exclusions: One Set Of Washer And Dryer Belong To Tenants
- Fireplaces: 3
- Foundation: Stone
- Lot Features: Easements, Level
- Roof: Shingle, Slate
- Year Built Details: Approximate
- Zoning: R
- Construction: Frame
- Exterior Features: Deck, Covered Patio/Deck, Gutters, Varies per Unit, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
- Flooring: Wood, Tile, Vinyl, Carpet, Varies Per Unit, Vinyl / VCT, Unit 1(undefined), Unit 2(Tile Floor, Wood Flooring, Wall to Wall Carpet, Stone/Ceramic Tile Floor)
- Interior Features: Unit 1(Ceiling Fans, Pantry, Storage, Bathroom With Tub & Shower), Unit 2(Ceiling Fans, Storage, Bathroom With Tub & Shower), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen, Family Room)
- Road Frontage Type: Public
- Total Number of Units: 2
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, Public School, T-Station, University
- Waterfront Features: Beach Front, Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
- Parking Features: Off Street
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $518,000
- Compensation Based On: Net Sale Price
- Tax Year: 2023
- Total Rent: $4,100
- Buyer Agent Compensation: 2%
- Rental Fee Includes: Unit 1(Water), Unit 2(Water)
- Taxes: $6,480
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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 Coldwell Banker Realty - Beverly.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
