Sold!
$635,000
2
Beds
2
Baths
1,786
Living Area
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Property Description
EASY TO OWN - Well-Maintained 2-Unit Apartment Building in a Prime Location. An investment opportunity in an area tenants love. This well-kept 2-unit property features two one-bedroom apartments and additional finished attic space. Just moments from the train, Derby Wharf, Salem Common, Peabody-Essex Museum, and downtown shops and restaurants, making it highly desirable for renters. Property Features: Coin-op laundry in the basement, individual FHW gas heating units (installed within the last 5 years), tandem parking for 2 cars, plus on-street permit parking, newer carpets, and replacement of some windows, skylights, and a Juliet balcony on the third floor. FOR THE SMART BUYER looking to invest in a property with strong rental appeal and long-term potential. Showings by appointment only, beginning on Saturday 1pm-3pm. Please allow 48 hours for responses to Offers. Seller reserves the right to accept an Offer at any time.
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Highlights
- Heating: None, Baseboard, Natural Gas, Individual, Unit Control
- Parking Spots: 2
- Property Type: Multi Family
- Total Rooms: 6
- Status: Closed
- Levels: 2
- Property Class: Residential Income
- Stories: 2
- Year Built: 1864
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Additional Details
- Appliances: Washer, Dryer, Range, Refrigerator
- Exclusions: Any Personal Property Belonging To Tenants.
- Foundation: Stone
- Interior Features: Laundry Room, Bathroom With Tub & Shower, Living Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: R2
- Basement: Full, Interior Entry, Concrete, Unfinished
- Flooring: Vinyl, Carpet, Laminate
- Foundation Area: 893
- Lot Features: Level
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Marina, Public School, T-Station, University
- Parking Features: Off Street, Tandem, On Street
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Utilities
- Electric: Circuit Breakers, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $741,300
- Tax Year: 2025
- Total Rent: $3,370
- Rental Fee Includes: Unit 1(Electric, Water), Unit 2(Water)
- Taxes: $8,406
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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 Charlesgate Realty Group LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
