Sold!
$400,000
2
Beds
1
Bath
1,100
Living Area
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Property Description
Explore an excellent investment opportunity in Salem's Pickering Wharf at 80 Wharf St Unit K-1. This charming 2-bedroom, 1-bathroom condo is ideally situated in the picturesque waterfront district. Both investors and owner-occupants will appreciate the turnkey nature of this property, currently tenanted with a reliable 17-year tenant paying market rent. Benefit from stable cash flow and the potential for property appreciation in Salem's thriving rental market if you so choose. With its blend of historic charm and modern amenities, this condo offers a rare chance to secure a hassle-free investment in one of Salem's most sought-after neighborhoods. Please note that interior photos are unavailable due to the tenant's privacy preferences. However, rest assured that the property is in good shape and meticulously maintained for your investment peace of mind. Enjoy occupying or investing in waterfront living in Salem's vibrant community.
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Highlights
- Building Name: Pickering Wharf
- Heating: Forced Air, Natural Gas
- Parking Spots: 1
- Property Type: Condominium
- Total Rooms: 5
- Year Built: 1980
- Cooling: Central Air
- HOA Fee: $293
- Property Class: Residential
- Stories: 1
- Unit Number: K1
- Status: Closed
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Additional Details
- Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
- Construction: Frame, Brick
- Flooring: Vinyl, Carpet, Laminate
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Res
- Basement: N
- Exclusions: Tenants Belongings
- Roof: Shingle
- Total Number of Units: 54
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Medical Facility, Bike Path, Conservation Area, Marina, Public School, University
- Waerfront: Yes
- Parking Features: Off Street, Assigned, Exclusive Parking
- Waterfront Features: Waterfront, Ocean, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $424,400
- HOA Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
- Taxes: $4,932
- HOA Fee Frequency: Monthly
- Tax Year: 2024
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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 Lillian Montalto Signature Properties.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
