Seller's Agent in 2024
Ted Richard
J. Barrett & Company
(978) 921-1117
4 in this area
63 Total Sales
17 Winter St Salem, MA 01970
Salem Common Neighborhood
16
Beds
15
Baths
7,420
Sq Ft
8,433
Sq Ft Lot Lot
Highlights
- City View
- 0.19 Acre Lot
- Corner Lot
- Granite Flooring
- 2 Fireplaces
- 3-minute walk to Salem Common
About This Home
As of April 2024Sited just one block from historic Salem Common and a short distance to downtown and commuter rail is this circa 1820 Brick Federal 12 unit apartment building with adjacent 3 unit carriage house. Newer roof and heating systems as well as repointed brick exterior. Fantastic rental history and huge potential to upgrade cashflow as all tenants are TAW.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $29,800
Year Built
- Built in 1820
Lot Details
- 8,433 Sq Ft Lot
- Fenced
- Corner Lot
Home Design
- Brick Exterior Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 7,420 Sq Ft Home
- 2 Fireplaces
- Window Screens
- City Views
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Granite
- Tile
- Vinyl
Bedrooms and Bathrooms
- 16 Bedrooms
- 15 Full Bathrooms
Home Security
- Storm Windows
- Storm Doors
Parking
- Driveway
- On-Street Parking
- Open Parking
Outdoor Features
- Rain Gutters
Utilities
- 5 Heating Zones
- 200+ Amp Service
Listing and Financial Details
- Total Actual Rent $5,600
- Assessor Parcel Number M:35 L:0057,4078935
Community Details
Overview
- 15 Units
- Property has 1 Level
Building Details
- Net Operating Income $86,052
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/30/2024 04/30/24 | Sold | $3,250,000 | -7.1% | $438 / Sq Ft |
| 12/15/2023 12/15/23 | Pending | -- | -- | -- |
| 12/14/2023 12/14/23 | For Sale | $3,500,000 | -- | $472 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $33,810 | $2,981,500 | $1,207,500 | $1,774,000 |
| 2024 | $28,919 | $2,488,700 | $1,095,000 | $1,393,700 |
| 2023 | $29,800 | $2,382,100 | $990,000 | $1,392,100 |
| 2022 | $27,520 | $2,077,000 | $900,000 | $1,177,000 |
| 2021 | $25,914 | $1,877,800 | $750,000 | $1,127,800 |
| 2020 | $20,201 | $1,398,000 | $375,000 | $1,023,000 |
| 2019 | $15,931 | $1,055,000 | $375,000 | $680,000 |
| 2018 | $16,224 | $1,054,900 | $375,000 | $679,900 |
| 2017 | $16,023 | $1,010,300 | $375,000 | $635,300 |
| 2016 | $15,831 | $1,010,300 | $375,000 | $635,300 |
| 2015 | $14,487 | $882,800 | $247,500 | $635,300 |
Source: Public Records
Agents Affiliated with this Home
-
Ted Richard
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73187412
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.
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