Nick Cuevas
Compass
(781) 776-5198
72 Total Sales
1 in Gallows Hill
$703,000 Price
65 Boston St Salem, MA 01970
Gallows Hill Neighborhood
14
Beds
10
Baths
5,439
Sq Ft
8,712
Sq Ft Lot
Highlights
- Property is near public transit
- Covered Patio or Porch
- 3-minute walk to Mansell Playground
- 10 Fireplaces
About This Home
As of June 2022Unique investment opportunity in a developing part of Salem. Property was converted to condos in 2008 and only one was sold. Seller is offering the 7 remaining condos. Most of the units have been updated with granite countertops, stainless steel appliances, decorative fireplaces and hardwood floors. Some units have laundry hookups. All units have separate electric and gas range. Owner pays for heat and hot water. Property also comes with 10 off street parking spaces with an option to add more. All TAW. Due to COVID-19 we will only be showing the vacant units by appointment with masks required. All other units will be shown within 48 hours of an accepted offer. Please see attached PDF for detailed income and expenses.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,140
Year Built
- Built in 1850
Lot Details
- 8,712
Home Design
- Stone Foundation
- Shingle Roof
- Slate Roof
- Tar and Gravel Roof
- Rubber Roof
Interior Spaces
- 5,439 Sq Ft Home
- 10 Fireplaces
- Dishwasher
Bedrooms and Bathrooms
- 14 Bedrooms
- 10 Full Bathrooms
Parking
- 10 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Additional Features
- Covered Patio or Porch
- 8,712 Sq Ft Lot
- Property is near public transit
- Oil Water Heater
Listing and Financial Details
- Total Actual Rent $14,460
- Rent includes unit 1(heat water hot water), unit 2(heat water hot water), unit 3(heat water hot water), unit 4(heat water hot water)
- Assessor Parcel Number 4840379
Community Details
Overview
- 7 Units
- Property has 1 Level
Building Details
- Electric Expense $1,200
- Insurance Expense $3,250
- Water Sewer Expense $2,520
- Operating Expense $51,082
- Net Operating Income $86,288
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Gallows Hill, MA
-
Nick Cuevas
-
Tina DiMonda
Tina DiMonda
Gibson Sotheby's International Realty
(857) 763-4448
28 Total Sales
1 in Gallows Hill
$589,900 Price
-
Bob Raiche
Bob Raiche
LAER Realty Partners
(781) 776-5710
61 Total Sales
1 in Gallows Hill
$650,000 Price
-
Michelle Doyle
Michelle Doyle
Flow Realty, Inc.
(978) 690-4362
49 Total Sales
1 in Gallows Hill
$559,000 Price
-
Jucelia Oliveira
Jucelia Oliveira
Delmaschio Group Realty
(781) 670-5516
61 Total Sales
1 in Gallows Hill
$785,000 Price
-
Jose Frias
Jose Frias
Responds QuicklyRealty ONE Group Nest
(351) 215-0157
130 Total Sales
1 in Gallows Hill
$500,000 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 |
|---|---|---|---|---|
| 06/10/2022 06/10/22 | Sold | $1,425,000 | -4.7% | $262 / Sq Ft |
| 12/17/2020 12/17/20 | Pending | -- | -- | -- |
| 11/30/2020 11/30/20 | Price Changed | $1,495,000 | -3.5% | $275 / Sq Ft |
| 10/28/2020 10/28/20 | For Sale | $1,550,000 | -- | $285 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Agents Affiliated with this Home
-
Francesca Little
Seller's Agent in 2022
Francesca Little
Little & Co., REALTORS®
(978) 745-4447
3 in this area
32 Total Sales
-
George Fallon
Buyer's Agent in 2022
George Fallon
1 Percent Realty, LLC
(978) 375-6150
1 in this area
4 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72749539
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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