
4 Harrison Ave Salem, MA 01970
The Point NeighborhoodEstimated Value: $763,821 - $937,000
Highlights
- Granite Flooring
- 2 Car Garage
- 2-minute walk to Mary Jane Lee Park
- Porch
About This Home
As of July 2022This could be your new add value investment opportunity in Salem! This large 3 family consists of 3-two bedroom units with the potential to be converted to 3 beds. One high efficiency heating system for the entire building. Owner pays utilities but electric could be separate. Off street parking for at least 4 cars with a 2 car detached garage. Please see attached paperclip for detailed income and expenses. Please allow at least 24 hours notice for showings.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,414
Year Built
- Built in 1915
Lot Details
- 5,179
Parking
- 2 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- 3,232 Sq Ft Home
- Slate Roof
Flooring
- Wood
- Granite
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Utilities
- 60 Amp Service
- Gas Water Heater
Additional Features
- Porch
- 5,179 Sq Ft Lot
- Unfinished Basement
Listing and Financial Details
- Total Actual Rent $4,850
- Rent includes unit 1(heat hot water), unit 2(heat electric hot water), unit 3(heat electric hot water)
- Assessor Parcel Number 2135540
Community Details
Overview
- 3 Units
- Property has 1 Level
Building Details
- Electric Expense $2,760
- Insurance Expense $3,700
- Water Sewer Expense $350
- Operating Expense $18,660
- Net Operating Income $33,980
Ownership History
Purchase Details
Purchase Details
Similar Homes in Salem, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Smithereanes 2017 T | -- | -- | |
Eanes Lola | $39,000 | -- |
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Ingemi Andrew | $521,250 | |
Previous Owner | Eanes Lola | $281,900 | |
Previous Owner | Eanes Lola | $275,000 | |
Previous Owner | Eanes Lola | $261,500 | |
Previous Owner | Eanes Lola | $258,000 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/08/2022 07/08/22 | Sold | $695,000 | -4.1% | $215 / Sq Ft |
05/25/2022 05/25/22 | Pending | -- | -- | -- |
05/18/2022 05/18/22 | Price Changed | $725,000 | -3.3% | $224 / Sq Ft |
05/03/2022 05/03/22 | For Sale | $750,000 | -- | $232 / Sq Ft |
Tax History Compared to Growth
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 | $7,217 | $636,400 | $153,700 | $482,700 |
2024 | $6,748 | $580,700 | $153,700 | $427,000 |
2023 | $6,384 | $510,300 | $135,600 | $374,700 |
2022 | $6,414 | $484,100 | $126,600 | $357,500 |
2021 | $6,152 | $445,800 | $118,100 | $327,700 |
2020 | $5,601 | $387,600 | $87,100 | $300,500 |
2019 | $5,466 | $362,000 | $76,800 | $285,200 |
2018 | $5,098 | $331,500 | $76,800 | $254,700 |
2017 | $4,837 | $305,000 | $65,600 | $239,400 |
2016 | $4,779 | $305,000 | $65,600 | $239,400 |
2015 | $4,061 | $247,500 | $56,400 | $191,100 |
Agents Affiliated with this Home
-
F
Seller's Agent in 2022
Francesca Little
Little & Co., REALTORS®
(978) 745-4447
10 in this area
31 Total Sales
-
Buyer's Agent in 2022
Tyler Scaglione
Cameron Prestige, LLC
(781) 412-1980
2 in this area
506 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72975289

APN: SALE-000034-000000-000124
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