$1,779,000
$121K PRICE DROP

Estimated payment $10,833/month

Total Views 23,789
16 Beds
6 Baths
6,345 Sq Ft
$280 Price per Sq Ft

Highlights

  • Property is near public transit
  • Living Room
  • Heating System Uses Steam
  • Jogging Path
  • Park

About This Home

We are pleased to present this multifamily offering which consists of 6 units. The property has been very well maintained but offers investors and end-users future value through cosmetic improvements. The properties boiler system was recently upgraded and the common areas hold two washers and two dryers, both of which are coin operated. The property is ideally located in a quiet residential neighborhood that provides easy access to the local public and transportation and is a short walk to Salem Harbor.

Listing Agent

Kevin Benzinger

Boston Realty Advisors Listed on: 04/02/2025

Co-Listing Agent

Christopher Hatem

Boston Realty Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,252

Year Built

  • Built in 1915

Interior Spaces

  • Property has 1 Level
  • Living Room

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Steam

Additional Features

  • 5,502 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 3403710,2135853

Community Details

Overview

  • 6 Units

Recreation

  • Park
  • Jogging Path

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,252

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Side by Side
  • Year Built: 1915
  • Levels: 3
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Washer, Dryer, Refrigerator
  • Total Bedrooms: 16
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Above Grade Finished Sq Ft: 6345
  • Below Grade Sq Ft: 4251
  • Living Area: 6345
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN8461
  • LIST PRICE PER Sq Ft: 280.38
  • PRICE PER Sq Ft: 280.38

Exterior Features

  • Foundation Details: Other
  • Home Warranty YN: No
  • Road Surface Type: Paved
  • Waterfront Features: Harbor, Ocean, Sound, Other (See Remarks), Unknown To Beach, Beach Ownership(Other (See Remarks))
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street, Other

Utilities

  • Sewer: Public Sewer
  • Heating: Steam, Natural Gas
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Walk/Jog Trails
  • Senior Community YN: No

Lot Info

  • Parcel Number: 3403710,2135853
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5502
  • Lot Size Units: Acres
  • PAGE: 198

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 16252
  • Tax Book Number: 41021

Multi Family

  • Number Of Units Total: 6
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 1

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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
07/17/2025 07/17/25 Price Changed $1,779,000 -3.8% $280 / Sq Ft
05/28/2025 05/28/25 Price Changed $1,849,000 -2.7% $291 / Sq Ft
04/02/2025 04/02/25 For Sale $1,900,000 -- $299 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73354049

MLS Property Information Network (MLS PIN)