$666,000
SOLD OCT 27, 2017

1 Ropes St Salem, MA 01970

The Point Neighborhood
8 Beds
4 Baths
4,118 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$162 Per Sq Ft

3% Below List Price

29 Days on Market

About This Home

As of January 2021

Looking for an investment with proven income or maybe looking for a multi to convert into condos...look no further! This great 4 family has been well maintained and has all four units all occupied 1 has a 6 mos lease the rest are TAW-tenants. Coin-op Laundry in basement nets $100/mo. Each unit has it's own lockable storage unit as does the the owner. Currently all rented below market value with room for increases of up to $200/month/unit. Great opportunity, don't miss out.

Last Agent to Sell the Property

John Laffy

LAER Realty Partners Listed on: 08/14/2017

LAER Realty Partners

Last Buyer's Agent

Anthony Verdone

Century 21 North East

Century 21 North East

Property Details

Home Type

Multi-Family

Year Built

1915

Lot Details

0

Listing Details

  • Lot Description: Level
  • Property Type: Multi-family
  • Lead Paint: Unknown
  • Insc: 3700
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1915

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 20
  • Amenities: Public Transportation, Shopping, Park, Golf Course, Medical Facility, Laundromat, House of Worship, Marina, Private School, Public School, T-Station, University
  • Electric: Circuit Breakers
  • Basement: Full, Interior Access, Concrete Floor
  • Full Bathrooms: 4
  • Total Levels: 4
  • Main Lo: AN1199
  • Main So: K95001
  • Estimated Sq Ft: 4118.00

Exterior Features

  • Construction: Frame
  • Exterior: Wood
  • Exterior Features: Porch, Deck, Screens
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street

Utilities

  • Heat Zones: 4
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 690

Condo/Co-op/Association

  • Total Units: 4

Lot Info

  • Assessor Parcel Number: M:34 L:0407
  • Zoning: R3
  • Acre: 0.08
  • Lot Size: 3468.00

Multi Family

  • APOD Available: Yes
  • Appliances Common: Washer, Dryer
  • Expenses Year End: 12/16
  • Heat Units: 4
  • Interior Features Common: Storage
  • Common Room: Laundry
  • Total Bedrooms: 8
  • Total Floors: 6
  • Total Full Baths: 4
  • Total Levels: 2
  • Total Rms: 20
  • Total Rent_1: 4640
  • Multi Family Type: 4 Family - 4 Units Up/Down

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2021 01/07/21 Sold $875,000 -2.8% $212 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
10/03/2020 10/03/20 Price Changed $899,900 -2.7% $219 / Sq Ft
08/01/2020 08/01/20 For Sale $924,900 +38.9% $225 / Sq Ft
10/27/2017 10/27/17 Sold $666,000 -3.5% $162 / Sq Ft
09/12/2017 09/12/17 Pending -- -- --
08/14/2017 08/14/17 For Sale $689,900 -- $168 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Anthony Verdone

    Seller's Agent in 2021

    Anthony Verdone

    Century 21 North East

    (617) 605-9508

    1 in this area

    27 Total Sales

    Anthony Verdone
    Section Image
  • Egi Gjikondi

    Buyer's Agent in 2021

    Egi Gjikondi

    Gjikondi Realty

    (774) 280-2745

    1 in this area

    12 Total Sales

    Egi Gjikondi
    Section Image
  • John Laffy

    Seller's Agent in 2017

    John Laffy

    Laer Realty

    (978) 273-1113

    26 Total Sales

    John Laffy
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72222279

MLS Property Information Network (MLS PIN)
Massachusetts Essex County Salem 01970 The Point

1 Ropes St, Salem, MA

This home is located at 1 Ropes St, Salem, MA 01970 and is currently priced at $666,000, approximately $161 per square foot. This property was built in 1915. 1 Ropes St is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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