NOT LISTED FOR SALE

112 Broadway Unit 1-4 Salem, MA 01970

South Salem Neighborhood
8 Beds
4.5 Baths
3,470 Sq Ft
6,399 Sq Ft Lot

Highlights

  • No HOA
  • 2 Car Garage
  • Heating Available
  • Cooling Available

About This Home

As of July 2024

Brand new 2-bedroom apartments located literally steps to Salem University. Brand new multi-unit development with off street parking. all appliances included, washer /dry in basement. three (3) units available for rent starting as early as March 1st, 2024. Rent 2850 utilities not included. Individually unit controlled (Electric, Heat pumps with full AC in each unit. electric stove, fridge, microwave, dishwasher in each unit. Bult in 2023-2024 up to all codes by professional builders. Fantastic location for faculty housing and students or any family looking to be in a brand-new house in Salem. Off street parking available with each unit. Please look at attached floor plans for layouts for detailed info for each unit. 1st.last and 1500 Security required. Looking for one year lease. Starting dates have some flexibility as well. Don't wait and set up a tour as we are ready to start showings today! Town house is 2 bedrooms with 2 bath and 2 car garage, Rent is higher for townhouse.

Last Agent to Rent the Property

Pete Castrichini

Barry Realty Group Listed on: 02/05/2024

Co-Listed By

Joe Castrichini

Barry Realty Group

Last Renter's Agent

Pete Castrichini

Barry Realty Group Listed on: 02/05/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2023

Lot Details

  • 6,399 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • 3,470 Sq Ft Home
  • Apartment
  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 8 Bedrooms

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Security Deposit $1,000
  • Rent includes snow removal
  • Assessor Parcel Number M:32 L:0072,2134148

Community Details

Pet Policy

  • No Pets Allowed

Additional Features

  • No Home Owners Association
  • Net Operating Income $102,600

Property Details

Home Type

Multi-Family

Year Built

Built in 2023

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: No
  • Lease Term: Lease Terms(1 Year),Term of Rental(12)
  • Available Now: Yes
  • Deposit Required: Yes
  • INSURANCE REQD: No
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 1000

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Year Built: 2023
  • Buyer Agency: 0
  • Entry Level: 1
  • Transaction Broker: 0
  • Year Built Details: Actual
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • CoOp Comp: 0
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Plans
  • Special Features: NewHome

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bathrooms: 4.5
  • Master Bathroom Features: Yes
  • Living Area: 3470
  • Spa YN: No
  • MAIN LO: AC0727
  • LIST PRICE PER Sq Ft: 0.82
  • PRICE PER Sq Ft: 0.82
  • MAIN SO: AC0727

Exterior Features

  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Total Parking Spaces: 10

Utilities

  • Heating: Electric
  • Cooling Y N: Yes
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Rent Includes: Snow Removal
  • Senior Community YN: No
  • UNIT BUILDING: 1-4

Lot Info

  • Parcel Number: M:32 L:0072,2134148
  • Zoning: I
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6399
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 293
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5409
  • Tax Book Number: 40766

Multi Family

  • Gross Income: 102600
  • Net Operating Income: 102600
  • Basement Included Sq Ft: No

Range of Values:

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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
07/01/2024 07/01/24 Rented $2,850 0.0% --
02/05/2024 02/05/24 For Rent $2,850 -- --
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73199593

MLS Property Information Network (MLS PIN)

APN: SALE M:32 L:0072