NOT LISTED FOR SALE

6 E Broadway Salem, NY 12865

Estimated Value: $69,000 - $353,000

6 Beds
4 Baths
3,200 Sq Ft
$66/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $50,000 $16 Per Sq Ft

Est. 321% increase in value since last sale

Current estimated payment $1,487/month

187 Days on Market

Highlights

  • Active Adult
  • Porch
  • Electric Baseboard Heater
  • No HOA
  • Forced Air Heating System
  • Carpet

About This Home

As of June 2021

Are you looking for an investment opportunity? Or a building you can occupy and have tenants also pay you rent? This Multi Family home has 3 units, one large 3 BR on the first floor, a 2 BR unit and 1 BR unit on the second floor. Units are all rented, month to month. Strong rental history. Annual rental income $22,560. Property has been maintained but needs a few repairs, sold as is. Great value for the price! Good Condition

Last Agent to Sell the Property

Melissa Devine

Devine Properties License #10371201159 Listed on: 11/05/2020

Last Buyer's Agent

Matthew Kupiec

KW Platform

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1850

Lot Details

  • Lot Dimensions are 73x67
  • Property fronts a private road

Parking

  • 2 Parking Spaces

Home Design

  • Triplex
  • Slate Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Linoleum
  • Laminate

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Baseboard Heater
  • Septic Tank

Listing and Financial Details

  • Tenant pays for trash collection, heat, internet, cable TV, electricity, gas
  • Legal Lot and Block 24 / 1
  • Assessor Parcel Number 534800 209.9-1-24

Community Details

Overview

  • Active Adult
  • No Home Owners Association
  • 3 Units

Building Details

  • Insurance Expense $1,223

Property Details

Home Type

Multi-Family

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1850
  • Directions: Intersection of S Main St and N Main St, turn onto E Broadway, #6 will be on your right.
  • Above Grade Finished Sq Ft: 3200.0
  • Architectural Style: Triplex
  • Financial Details General Taxes: 1552.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 1514.0
  • School Taxes Description: Estimated
  • Lot Size: 73x67
  • Parking Features Parking Total: 2.0
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Number Of Separate Electric Meters: 3
  • Number of Separate Water Meters: 1
  • Insurance Expense Description: Actual
  • Water Sewer Expense Description: Estimated
  • Number of Refrigerators: 3
  • Unit Information Number Of Stoves: 3
  • Flooring:Carpet: Yes
  • Flooring:Laminate: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Linoleum
  • Basement: Full, Interior Entry, Unfinished
  • Living Area: 3200.0
  • Full Basement: Yes
  • Basement:Interior Entry: Yes
  • Basement:Unfinished: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes

Exterior Features

  • Roof: Slate, Metal
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Porch
  • Waterfront Features: None
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Waterfront Features:None19: Yes
  • Patio And Porch Features:Porch: Yes
  • Lot Features:Road Frontage: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • Parking Features:None11: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Electric, Forced Air
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Salem

Lot Info

  • Land Lease: No
  • Lot Features: Road Frontage
  • Parcel #: 534800 209.9-1-24

Rental Info

  • Tenant Pays: Trash Collection, Heat, Internet, Cable TV, Electricity, Gas

Multi Family

  • Insurance Expense: 1223.0
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3066.0
  • Tax Block: 1
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Jun 28, 2021
Sold by
Dml Corp
Bought by
Fzm Properties Llc
Seller's Agent
Melissa Devine
Devine Properties
Buyer's Agent
Matthew Kupiec
KW Platform
List Price
$75,000
Sold Price
$50,000
Premium/Discount to List
-$25,000
-33.33%
Current Estimated Value
$210,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,333
Avg. Annual Appreciation
37.42%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Fzm Properties Llc $50,000 None Available
Fzm Properties Llc $50,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2021 06/30/21 Sold $50,000 -27.5% $16 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
03/26/2021 03/26/21 Price Changed $69,000 -8.0% $22 / Sq Ft
11/04/2020 11/04/20 For Sale $75,000 -- $23 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $4,638 $160,000 $15,500 $144,500
2023 $4,569 $160,000 $15,500 $144,500
2022 $3,764 $160,000 $15,500 $144,500
2021 $3,145 $54,000 $4,000 $50,000
2020 $3,087 $54,000 $4,000 $50,000
2019 $3,060 $54,000 $4,000 $50,000
2018 $3,060 $54,000 $4,000 $50,000
2017 $2,989 $54,000 $4,000 $50,000
2016 $3,008 $54,000 $4,000 $50,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202032275

Global MLS

APN: 534800-209-009-0001-024-000-0000