NOT LISTED FOR SALE

4 Ropes St Salem, MA 01970

The Point Neighborhood
8 Beds
4 Baths
3,600 Sq Ft
3,485 Sq Ft Lot

Last Sold September 15, 2020

Last sale price $999,000 $278 Per Sq Ft

38 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • 5-minute walk to Mary Jane Lee Park

About This Home

As of September 2020

Open House Wednesday night (June 10th) from 5-6 pm. Rarely available four unit building available and located right in downtown Salem. This property has been renovated and could be considered to be in condo ready shape! Each unit offers 2 bedrooms, updated kitchens and baths, central air conditioning and gleaming hardwood floors. Current annual income is $86,136. One unit was left vacant for an owner occupant however a new tenant is moving in Friday at $1950/month so full occupancy being delivered. Systems have been updated. Walk to many of the wonderful downtown Salem attractions, restaurants, Pickering Wharf and the MBTA commuter rail. Only the vacant unit and basement common area can be shown Wednesday.. Masks must be worn. Income and expenses are provided as an attachment.

Last Agent to Sell the Property

John

RCG Properties Listed on: 05/29/2020

Last Buyer's Agent

Joe Firicano

Boston Hub Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 3,485

Additional Features

  • Wood Flooring
  • Porch
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:34 L:0297

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Insc: 1475
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 277.50
  • Comp Based On: Net Sale Price
  • Year Built: 1915
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1915

Interior Features

  • Flooring: Wood
  • Total Flrs: 6
  • No Bedrooms: 8
  • Total Brs: 8
  • Full Bathrooms: 4
  • Total Fbh: 4
  • No Rooms: 16
  • Basement: Y
  • Basement Features: Full, Walk Out, Interior Access
  • Main Lo: NB2011
  • Main So: NB2825
  • Estimated Sq Ft: 3600.00

Exterior Features

  • Construction: Frame
  • Roof Material: Rubber
  • Exterior: Wood
  • Exterior Features: Porch
  • Foundation: Fieldstone

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 427
  • Electric Features: 100 Amps
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Highway Access, Marina, Public School, T-Station, University

Lot Info

  • Assessments: 737200.00
  • Acre: 0.08
  • Lot Size: 3600.00
  • Page: 495
  • Parcel Number: M:34 L:0297
  • Zoning: R3
  • Lot Description: Level

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • APOD Available: Yes
  • Total Levels: 4
  • Total Rent: 7400
  • Total Rms: 20
  • No Units: 4
  • Mf Type: 4 Family - 4 Units Side by Side

Tax Info

  • Taxes: 10653.00
  • Assessor Parcel Number: 2135762

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft Prior Sale
09/15/2020 09/15/20 Sold $999,000 0.0% $278 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $999,000 0.0% $278 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $999,000 +46.9% $278 / Sq Ft
05/31/2016 05/31/16 Sold $680,000 +4.6% $189 / Sq Ft View Prior Sale
02/28/2016 02/28/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $649,900 -- $181 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    John

    RCG Properties

    18 Total Sales

    John
    Section Image
  • Joe Firicano

    Buyer's Agent in 2020

    Joe Firicano

    Boston Hub Real Estate

    (781) 254-5791

    39 Total Sales

    Joe Firicano
    Section Image
  • Sean Page

    Seller's Agent in 2016

    Sean Page

    Signature Page Real Estate, LLC

    (978) 852-9456

    79 Total Sales

    Sean Page
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72664105

MLS Property Information Network (MLS PIN)

APN: SALE M:34 L:0297 S:804

Massachusetts Essex County Salem 01970 The Point

4 Ropes St, Salem, MA

Not Listed for Sale

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