M
Seller's Agent in 2021
Mary Iapicca
North Shore Realty Pros
(781) 266-6718
1 in this area
2 Total Sales
44 Ward St Salem, MA 01970
The Point Neighborhood
30
Beds
12
Baths
13,266
Sq Ft
7,841
Sq Ft Lot
About This Home
As of November 2021Great investment opportunity located next-door to Pickering Wharf. The property includes 2 all-brick multi-family buildings with 6 units in each. Units in building 46-44 are all 3 bedrooms and units in 50-48 are 2 bedrooms. Take advantage of rising property values and the increasing rental income of downtown Salem. Buildings are fully tenanted and have been family owned and maintained for over 18 years. Renovations of the property have been completed during this time. Unfinished private basement with working half bath provides opportunity for a workshop, storage space or future laundry room for new owner. Owner is also listing the units to be sold separately- see individual listings for details. Please see the document attached for income/expenses and a rent roll. Open house by appointment only- 9/12 between 10-2pm.
Property Details
Home Type
- Multi-Family
Year Built
- 1920
Lot Details
- 7,841
Interior Spaces
- Property has 1 Level
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/24/2021 11/24/21 | Sold | $2,800,000 | -5.9% | $211 / Sq Ft |
| 10/25/2021 10/25/21 | Pending | -- | -- | -- |
| 09/08/2021 09/08/21 | For Sale | $2,975,000 | -- | $224 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $18,371 | $1,620,000 | $150,100 | $1,469,900 |
| 2024 | $16,039 | $1,380,300 | $150,100 | $1,230,200 |
| 2023 | $15,626 | $1,249,100 | $132,400 | $1,116,700 |
| 2022 | $11,512 | $868,800 | $123,600 | $745,200 |
| 2021 | $11,210 | $812,300 | $115,400 | $696,900 |
| 2020 | $9,936 | $687,600 | $85,100 | $602,500 |
| 2019 | $9,308 | $616,400 | $75,000 | $541,400 |
| 2018 | $8,307 | $540,100 | $75,000 | $465,100 |
| 2017 | $8,149 | $513,800 | $64,000 | $449,800 |
| 2016 | $8,051 | $513,800 | $64,000 | $449,800 |
| 2015 | $7,007 | $427,000 | $55,000 | $372,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Iapicca
-
Eric Cudmore
Buyer's Agent in 2021
Eric Cudmore
Century 21 North East
(978) 423-6771
1 in this area
91 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72891839
APN: SALE M:34 L:0352
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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