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7 Hancock St, Salem MA 01970 – 10 bed 4 bath For Sale – 73312820

$ 1,499,900
7 Hancock St, Salem MA 01970,

Overview

  • Updated On:
  • December 15, 2024
  • listingid
  • 73312820
  • 10 Bedrooms
  • 4 Bathrooms
  • 0 Garage Spaces
  • 5 Total Parking
  • 1917
  • HOA Fee

Description

*Group showing Monday Nov 25 3pm sharp* This exceptional multi-family home in the heart of historic Salem is located on a peaceful street, just moments away from Salem State, Pickering Wharf, Forest River Park, and all the magic of downtown Salem. This property is a rare gem with endless potential! Inside, discover 4 townhouse-style units: Two spacious 3-bedroom units, one charming and styled 2-bedroom unit, and a 4-bedroom unit. Each unit exudes historic charm, featuring original hardwood floors, built-in china cabinets, intricate moldings, and elegant French doors. Thoughtful updates include new appliances, chic lighting fixtures, beautiful tile work, and refinished hardwood floors in two units—a perfect blend of classic elegance and modern comfort. Enjoy five off-street parking spaces, a shared fenced yard, and a basement. Whether you’re an investor adding a timeless property to your portfolio or an owner-occupant seeking a special home, this property has it all!

Property Details

Property Id: 493476
Price: $ 1,499,900
Property Size: 5,548.00 ft2
Property Lot Size: 0.14 ft2
Rooms: 26
Bedrooms: 10
Bathrooms: 4
Full Bath: 4
Total Bathrooms: 4
Disclosures: N
Basement: Full
Last Updated: 2024-12-11T08:10:36.076Z
Building Area Source: Public Records
Building Area Total: 5548
Building Area Units: Square Feet
Contingency: Pending P&S
Directions: Lafayette or Canal to Hancock
Disclosures: Please note one unit has a 4th bedroom that must be accessed through the third bedroom.
Exclusions: Tenants Personal Belongings
Expiration Date: 1900-01-01
Flooring: Wood,Tile,Vinyl,Carpet
Foundation Details: Granite
Gross Income: 112200
Home Warranty: 1
Laundry Features: Washer & Dryer Hookup
List Agent MlsId: CN254155
List Office MlsId: C95098
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2024-11-14
Listing ID: 73312820
Lot Size: 0.14
Lot Size SqFt: 6120
Lot Size Units: Acres
Anticipated Sale Date: 2025-01-15T05:00:00.000Z
Date Available: No
Bedroom 1: 2
Bedroom 2: 3
Bedroom 3: 3
Bedroom 4: 3
Bath 1: 1
Bath 2: 1
Bath 3: 1
Bath 4: 1
Heating Units: 4
Hot Water: Oil,Natural Gas
Lead Paint: Yes,Certified Treated
Lease 1: Y
Lease 2: N
Lease 3: N
Lease 4: N
Unit 1 Living Levels: 2
Unit 2 Living Levels: 2
Unit 3 Living Levels: 2
Unit 4 Living Levels: 2
Listing Alert: No
Price Per SqFt: 270.35
Days in Market: 27
Total Days on Market: 27
Open House: 1
MLS PIN Page: 454
Price Per SqFt: 270.35
Unit 1 Rent: 2900
Unit 2 Rent: 3400
Unit 4 Rent: 3050
Living Area Includes Basement: No
Team Member: CN254155
MLS Status: Under Agreement
Last Updated: 2024-12-11T08:05:00.000Z
Net Operating Income: 112200
Number Of Units: 4
Off Market Date: 2024-12-10
Original List Date: 2024-11-14T21:51:00.000Z
Original List Price: 1499900
Parcel Number: M:33 L:0263,2134817
Parking Features: Paved Drive,Off Street
Total Parking: 5
Purchase Contract Date: 2024-11-27
Rent Includes: Unit 1(Water)
Roof: Shingle,Rubber
Sewer: Public Sewer
State: MA
Status Change Time: 2024-12-11T08:05:00.000Z
Total Stories: 8
Tax Annua lAmount: 14159
Tax Assessed Value: 1218500
Tax Book Number: 40294
Tax Year: 2024
Total Actual Rent: 9350
Water Source: Public
Year Built: 1917
Year Built Details: Actual
Year Built Source: Public Records
Zoning: R2

Payment Calculator

$ 8,594.03
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 7,194.13

Amenities and Features

Other Features
Dishwasher
Disposal
Microwave
Open Parking
Range
Refrigerator

Property Address

Address: 7 Hancock St, Salem MA 01970
City:
State/County:
Zip: 01970
Country: United States

Map

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7 Hancock St, Salem MA 01970 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

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