Sold!
$595,000
4
Beds
2
Baths
1,816
Living Area
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Property Description
First open house Sunday 4/14 11:00am-1:00pm. No showings before Open House due to tenant's privacy. Welcome to this fantastic investment opportunity to own this 2 family home located less than 1 mile from downtown Salem and the MBTA station making it a great commuter location. A large driveway for 4 cars, new roof, and an enclosed porch make this one a must-see. Unit 1 has been fully renovated and has new stainless steel appliances, hardwood floors, and heating system all less than 2 years old. Unit 2 has a fully renovated bathroom, original hardwood floors and endless opportunities to update! Both units are TAW making this perfect for owner-occupants or as an investor property! Property will be sold with both units occupied.
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Highlights
- Area: Gallows Hill
- Parking Spots: 4
- Property Type: Multi Family
- Year Built: 1914
- Heating: Forced Air, Natural Gas
- Property Class: Residential Income
- Total Rooms: 10
- Status: Closed
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Additional Details
- Appliances: Range, Microwave, Refrigerator
- Construction: Frame
- Exterior Features: Rain Gutters
- Foundation: Stone
- Lot Features: Easements
- Roof: Shingle
- Year Built Details: Actual
- Zoning: R2
- Basement: Full, Interior Entry, Unfinished
- Exclusions: Washer & Dryer In The Basement Belong To Tenant.Lawn And Yard Equipment In Basement Belong To Seller
- Flooring: Wood, Hardwood
- Interior Features: Remodeled, Living Room, Dining Room, Kitchen
- Road Frontage Type: Public
- Total Number of Units: 2
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Public School, T-Station, University
- Parking Features: Paved Drive, Off Street, Driveway, Paved
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $528,200
- Compensation Based On: Gross/Full Sale Price
- Rental Fee Includes: Unit 1(Water), Unit 2(Water)
- Taxes: $6,138
- Buyer Agent Compensation: 2%
- Facilitator Compensation: 1%
- Tax Year: 2024
- Total Rent: $4,000
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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 Keller Williams Boston Metrowest.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
