Donna Gay
Responds Quickly
Right Way Realty LLC
(351) 666-8448
77 Total Sales
1 in North Salem
$505,900 Price
40-42 School St Salem, MA 01970
North Salem Neighborhood
6
Beds
2
Baths
2,472
Sq Ft
3,690
Sq Ft Lot
Highlights
- 4 Fireplaces
- Patio
- 1-minute walk to Patten Park
- Corner Lot
- Laundry Room
About This Home
As of August 2022OPEN 6/11 from 11:30 a.m. to 1:00 p.m.. VACANT two family in desirable North Salem neighborhood with great income potential. Located on a quiet neighborhood on the corner of School Street and School Street Ct., close to commuter rail and downtown Salem. Perfect to maintain as rental or Condo conversion. First floor Unit has been completely updated (except appliances, fixtures and other minor finishing touches) with kitchen tile, preserved wide plank hardwood, new cabinets and stone counters. Second floor Unit is in need of complete update. Very spacious with potential to add 400-500 sq. ft of attic to 2nd floor unit. Both Units have 3 bedrooms with potential for more. Bring your ideas or the owner is happy to provide his. Updated electric panels (3) and heating system/water tanks. Potential for 4 or more parking spaces, with patio in backyard.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,891
Year Built
- Built in 1880
Lot Details
- 3,690 Sq Ft Lot
- Corner Lot
Home Design
- Concrete Perimeter Foundation
Interior Spaces
- 2,472 Sq Ft Home
- Property has 1 Level
- 4 Fireplaces
- Basement Fills Entire Space Under The House
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Parking
- 4 Car Parking Spaces
- Off-Street Parking
Outdoor Features
- Patio
Utilities
- 2 Heating Zones
- Gas Water Heater
Community Details
- 2 Units
- Net Operating Income $62,400
Listing and Financial Details
- Total Actual Rent $5,200
- Tax Lot 008
- Assessor Parcel Number M:27 L:0008,2132943
Home Values in the Area
Average Home Value in this Area
Agents Specializing in North Salem, MA
-
Donna Gay
-
Nicholas Newhall
Nicholas Newhall
Real Estate by Hughes & Assoc. Inc.
(781) 537-0925
31 Total Sales
2 in North Salem
$575K - $750K Price Range
-
Tyson Lynch
Tyson Lynch
Responds QuicklyThe Proper Nest Real Estate
(351) 666-4531
54 Total Sales
3 in North Salem
$575K - $750K Price Range
-
Ana Picanco Linnehan
Ana Picanco Linnehan
eXp Realty LLC - Corporate Office
(351) 215-0595
22 Total Sales
1 in North Salem
$450,000 Price
-
Bob Raiche
Bob Raiche
LAER Realty Partners
(781) 776-5710
65 Total Sales
3 in North Salem
$483K - $1M Price Range
-
Jon Growitz
Jon Growitz
Gibson Sotheby's International Realty
(781) 604-1127
64 Total Sales
1 in North Salem
$597,000 Price
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/03/2022 08/03/22 | Sold | $550,000 | -8.3% | $222 / Sq Ft |
| 07/15/2022 07/15/22 | Pending | -- | -- | -- |
| 06/21/2022 06/21/22 | Price Changed | $599,990 | -6.2% | $243 / Sq Ft |
| 06/05/2022 06/05/22 | For Sale | $639,900 | -- | $259 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Agents Affiliated with this Home
-
Gino Ricciardelli
G
Seller's Agent in 2022
Gino Ricciardelli
Foremost Realty
1 in this area
3 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72992674
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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