NOT LISTED FOR SALE

11 Dalton Pkwy Salem, MA 01970

Broad Street Neighborhood

Estimated Value: $1,002,000 - $1,072,000

5 Beds
3 Baths
3,257 Sq Ft
$318/Sq Ft Est. Value

Last Sold November 21, 2023

Last sale price $925,000 $284 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,306/month

3 Days on Market

Highlights

  • Marina
  • Property is near public transit
  • 2 Fireplaces
  • Medical Services
  • Wood Flooring
  • 3-minute walk to Broad Street Playground

About This Home

As of November 2023

Amazing income potential in this solid three family in an ideal Salem location. Newer roof, siding, windows, gas boilers, and hot water tanks. Each of the three units have generous floor plans. 1st and 2nd floor units include 2 beds, living room, den, dining room, kitchen and heated sunroom. 3rd floor offers 1 bed, kitchen, office, living room and heated sunroom. Unit 2 will soon be vacant, units 1 and 3 currently rented with tenants at will. There are two parking areas: 3 car tandem to the left of the building and 2 car paved park in the back of the lot accessed via Jackson Terr. The full basement offers ample storage, utilities and dedicated laundry hook ups for each unit. This is a fantastic opportunity for income producing owner occupied home or investment property. Just add a little buff and reap the full market return for each rented unit.

Last Agent to Sell the Property

Sheri Trocchi

J. Barrett & Company Listed on: 10/10/2023

Last Buyer's Agent

Chris Blasczak

Liberty Residential Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,726

Year Built

  • Built in 1930

Lot Details

  • 4,774 Sq Ft Lot
  • Level Lot

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,257 Sq Ft Home
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Insulated Windows
  • Dishwasher
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 5 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Bulkhead

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $3,500
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number 2131519

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Marina
  • Park

Building Details

  • Net Operating Income $42,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,726

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1930
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Vinyl,Carpet,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower), Unit 3(Bathroom with Shower Stall), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Office/Den,Sunroom), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Office/Den,Sunroom), Unit 3 Rooms(Living Room,Kitchen,Office/Den,Sunroom)
  • Fireplace Features: Unit 1(Fireplace - Wood burning), Unit 2(Fireplace - Wood burning)
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator), Unit 2(Range,Dishwasher,Refrigerator), Unit 3(Range,Dishwasher,Refrigerator), Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup
  • Basement: Full, Interior Entry, Bulkhead
  • Living Area: 3257
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: C95243
  • LIST PRICE PER Sq Ft: 268.65
  • PRICE PER Sq Ft: 284
  • MAIN SO: AN0224

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Harbor, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Cooling: Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC)
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, House of Worship, Marina, Private School, Public School, T-Station
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2131519
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4774
  • Lot Size Units: Acres
  • PAGE: 523
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8726
  • Tax Book Number: 19203

Multi Family

  • Gross Income: 42000
  • Net Operating Income: 42000
  • Number Of Units Total: 3
  • Total Actual Rent: 3500
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Jan 17, 2024
Sold by
Dytko Alex L
Bought by
11 Dalton Llc
Seller's Agent
Sheri Trocchi
J. Barrett & Company
Buyer's Agent
Chris Blasczak
Liberty Residential Realty, LLC
List Price
$875,000
Sold Price
$925,000
Premium/Discount to List
$50,000
5.71%
Views
27
Current Estimated Value
$1,037,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,172
Avg. Annual Appreciation
6.24%

Purchase Details

Closed on
Feb 6, 2003
Sold by
Ingemi Debra J and Ingemi Peter
Bought by
P & D Rt
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
11 Dalton Llc -- None Available
P & D Rt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner P & D Rt $188,000
Previous Owner P & D Rt $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2023 11/21/23 Sold $925,000 +5.7% $284 / Sq Ft
10/14/2023 10/14/23 Pending -- -- --
10/10/2023 10/10/23 For Sale $875,000 -- $269 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,689 $854,400 $196,900 $657,500
2024 $8,947 $770,000 $187,900 $582,100
2023 $8,726 $697,500 $173,000 $524,500
2022 $8,355 $630,600 $161,100 $469,500
2021 $8,081 $585,600 $155,100 $430,500
2020 $7,602 $526,100 $150,300 $375,800
2019 $7,639 $505,900 $149,200 $356,700
2018 $7,047 $458,200 $139,600 $318,600
2017 $6,585 $415,200 $115,700 $299,500
2016 $6,433 $410,500 $84,700 $325,800
2015 $6,196 $377,600 $84,700 $292,900
Source: Public Records

Agents Affiliated with this Home

  • Sheri Trocchi

    Seller's Agent in 2023

    Sheri Trocchi

    J. Barrett & Company

    (617) 852-4051

    2 in this area

    65 Total Sales

    Sheri Trocchi
    Section Image
  • Chris Blasczak

    Buyer's Agent in 2023

    Chris Blasczak

    Liberty Residential Realty, LLC

    (978) 490-0906

    3 in this area

    90 Total Sales

    Chris Blasczak
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73168330

MLS Property Information Network (MLS PIN)

APN: SALE-000025-000000-000158

Massachusetts Essex County Salem 01970 Broad Street

11 Dalton Pkwy, Salem, MA

This home is located at 11 Dalton Pkwy, Salem, MA 01970 since 10 October 2023 and is currently estimated at $1,037,172, approximately $318 per square foot. This property was built in 1930. 11 Dalton Pkwy is a home located in Essex County with nearby schools including Horace Mann Laboratory, Saltonstall School, and Witchcraft Heights 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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