
21 Symonds St Salem, MA 01970
North Salem NeighborhoodHighlights
- Golf Course Community
- Property is near public transit
- Corner Lot
- Medical Services
- Wood Flooring
- 3-minute walk to Patten Park
About This Home
As of June 2024Turnkey de-leaded investment property with strong rental income and quality long-term TAW tenants. Spacious Victorian era 3-Family located in convenient North Salem, less than a mile from the Salem MBTA Station and Downtown, and just 2 miles from Rt. 128. Ideal unit mix with two large 5 room / 3 bdrm / 1 bath units and one 4 room / 2 bdrm / 1 bath unit. Tenants pay electric and heat. 1st and 3rd floor units renovated 2019, plus new chimneys and brand new coin-op laundry in basement for extra income. New front roof in 2020, and added 3rd parking space and new hot water heater for unit 2 (paid by tenant). Exterior features low maintenance vinyl siding, replacement windows, a sweet little front porch and fenced-in back yard. Off-street parking for 3 cars.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,250
Year Built
- Built in 1890
Lot Details
- 2,949 Sq Ft Lot
- Near Conservation Area
- Corner Lot
- Garden
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,363 Sq Ft Home
- Insulated Windows
- Living Room
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Pine Flooring
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
- Bathtub with Shower
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Parking
- 3 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Rain Gutters
Location
- Property is near public transit
- Property is near schools
Utilities
- No Cooling
- Forced Air Heating System
- 4 Heating Zones
- Heating System Uses Natural Gas
- Individual Controls for Heating
- Separate Meters
- 100 Amp Service
Listing and Financial Details
- Total Actual Rent $6,600
- Rent includes unit 1(water hot water), unit 2(none), unit 3(hot water)
- Assessor Parcel Number M:17 L:0311,2129724
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
Recreation
- Golf Course Community
- Park
- Jogging Path
- Bike Trail
Building Details
- Electric Expense $252
- Insurance Expense $3,150
- Water Sewer Expense $1,465
- Operating Expense $14,580
- Net Operating Income $66,070
Map
Similar Homes in Salem, MA
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/28/2024 06/28/24 | Sold | $945,450 | -0.5% | $281 / Sq Ft |
05/22/2024 05/22/24 | Pending | -- | -- | -- |
05/08/2024 05/08/24 | For Sale | $950,000 | +69.3% | $282 / Sq Ft |
11/14/2018 11/14/18 | Sold | $561,000 | +4.1% | $167 / Sq Ft |
09/26/2018 09/26/18 | Pending | -- | -- | -- |
09/20/2018 09/20/18 | For Sale | $539,000 | -- | $160 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73234987

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