Sold!
$1,176,000
9
Beds
4/2
Baths
4,549
Living Area
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Property Description
Unique investment opportunity! This offering consists of three detached income producing structures situated on two separately assessed lots near the Salem/Lynn line. The first lot includes a triple-decker apartment building with 3 units and a freestanding operational pub. The second lot features a single family home with a large rear yard. The multi family has been modernized over time and could benefit from some cosmetic updates. The single family needs a full renovation and will not qualify for conventional financing. These properties could easily become serious income producers for the savvy investor. Sold as package only.
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Highlights
- Heating: Forced Air, Natural Gas
- Property Class: Residential Income
- Total Rooms: 21
- Status: Closed
- Parking Spots: 8
- Property Type: 3 Family
- Year Built: 1900
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Additional Details
- Appliances: Range
- Construction: Frame
- Foundation: Other
- Lot Features: Corner Lot
- Roof: Shingle, Tar/Gravel
- Year Built Details: Approximate
- Zoning: R1
- Basement: Full, Interior Entry
- Flooring: Wood, Vinyl, Carpet, Varies
- Interior Features: Living Room, Dining Room, Kitchen
- Road Frontage Type: Public
- Total Number of Units: 5
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park
- Parking Features: Shared Driveway, Off Street
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Utilities
- Electric: 100 Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,001,900
- Compensation Based On: Gross/Full Sale Price
- Rental Fee Includes: Unit 1(Water)
- Taxes: $10,832
- Buyer Agent Compensation: 2%
- Facilitator Compensation: 1%
- Tax Year: 2024
- Total Rent: $6,300
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