RENTED MAR 15, 2025

3 Gerrish Place Unit 3 Salem, MA 01970

Derby Street Neighborhood
1 Bed
1 Bath
550 Sq Ft
-- Built

Highlights

  • Waterfront
  • Property is near public transit
  • Porch
  • 7,420 Sq Ft lot
  • No HOA
  • 4-minute walk to Swiniuch Park

About This Home

As of March 2025

Location location location!! Available now!! Most affordable one bed on the market!! Live in the most desirable neighborhood in Salem between Collins Cove and Salem Common, steps from Downtown, waterfront, shops/restaurants and conveniently located to commuter rail! Updated 1 bed 1 bath unit with parking and shared laundry! Stainless appliances, quartz counters and designer tile bathroom! Outdoor space available off back door. Easy to show. Tenant required to pay gas and electric for heat and hot water. Renters insurance required throughout duration of lease. One parking space included in rent.

Last Agent to Rent the Property

Chris Cowhig

Lokos Realty & Management Listed on: 02/23/2025

Last Renter's Agent

Christopher Ulich

Lokos Realty & Management

Property Details

Home Type

  • Multi-Family

Lot Details

  • 7,420 Sq Ft Lot
  • Waterfront

Parking

  • 1 Car Parking Space

Home Design

  • 550 Sq Ft Home
  • Apartment
  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Range
  • Porch

Listing and Financial Details

  • Security Deposit $1,895
  • Rent includes water, snow removal
  • 12 Month Lease Term

Community Details

Overview

  • No Home Owners Association

Amenities

  • Common Area
  • Shops
  • Laundry Facilities

Recreation

  • Park

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Lot Details

0

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Lease Term: Term of Rental(12)
  • Available Now: Yes
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 1895

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Entry Level: 1
  • CoOp Comp: 0
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Master Bathroom Features: No
  • Laundry Features: Common Area, In Building
  • Above Grade Finished Sq Ft: 550
  • Accessibility Features: No
  • Living Area: 550
  • Spa YN: No
  • MAIN LO: NB4834
  • MAIN SO: NB4834

Exterior Features

  • Exterior Features: Porch
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Waterfront Features: 0 to 1/10 Mile To Beach
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Heating: Natural Gas, Forced Air
  • Cooling Y N: No
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, University
  • Rent Includes: Water, Snow Removal
  • Senior Community YN: No

Lot Info

  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 7420
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Range of Values:

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Average Value
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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 List to Sale Price per Sq Ft
03/15/2025 03/15/25 Rented $1,895 0.0% --
03/05/2025 03/05/25 Under Contract -- -- --
02/23/2025 02/23/25 For Rent $1,895 -- --
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Landlord's Agent in 2025

    Chris Cowhig

    Lokos Realty & Management

    (781) 608-3057

    28 Total Sales

    Chris Cowhig
    Section Image

  • C

    Tenant's Agent in 2025

    Christopher Ulich

    Lokos Realty & Management

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73337490

MLS Property Information Network (MLS PIN)
Massachusetts Essex County Salem 01970 Derby Street

3 Gerrish Place Unit 3, Salem, MA

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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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