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42 Harbor Street

Salem, MA 01970
$1,040,000
8 Beds
4 Baths
3,935 Living Area
  • Property Description
    INVESTORS TAKE NOTICE! Corner Lot 4 family building with 2 car parking garage on the side of the building. Classic brick building with potential to add more units. Any buyer would have to do their own due diligence. Building consists of two (2) 1 bedroom apartments and two (2) 3 bedroom apartments. Tenants pay for their own heat and hot water. Rents are below market value. Right down the street from downtown Salem and the commuter rail. Group showing is planned for Sunday. Please reach out if you have any questions.
  • Highlights
    • Cooling: Window Unit(s)
    • Parking Spots: 4
    • Property Type: 4 Family
    • Year Built: 1915
    • Heating: Natural Gas
    • Property Class: Residential Income
    • Total Rooms: 14
    • Status: Closed
  • Additional Details
    • Appliances: Refrigerator
    • Foundation: Other
    • Lot Features: Corner Lot
    • Year Built Details: Actual
    • Zoning: R3
    • Basement: Full
    • Interior Features: Laundry Room, Living Room, Kitchen
    • Total Number of Units: 4
    • Year Built Source: Public Records
  • Amenities
    • Covered Parking Spaces: 2
    • Waterfront Features: Beach Front, Bay, Harbor, Beach Ownership(Public)
  • Utilities
    • Sewer: Public Sewer
    • Water Source: Public
  • Fees / Taxes
    • Assessed Value: $877,400
    • Compensation Based On: Net Sale Price
    • Rental Fee Includes: Unit 1(Water)
    • Taxes: $10,232
    • Buyer Agent Compensation: 2%
    • Facilitator Compensation: 1%
    • Tax Year: 2024
    • Total Rent: $6,825

Location

42 Harbor Street, Salem, MA 01970

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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 Gold Key Realty LLC. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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