28 Fairmount St, Salem MA 01970
About this home
Investors looking for the best condo conversion project in Salem! Or, Savvy Owner Occupied buyers looking for an incredible house hack, look no further! The project just needs your finishing touches and you have top of the line finished product in a red hot condo market! Recent condo sale comps in the area for finished product are over $500/SF!! Off street parking, proximity to public transit, highways, shopping and business and entertainment, this project checks all the boxes! This is either the most profitable condo conversion a developer will ever have, or the best house hack anyone could ever ask for, don’t miss it! Have the units ready in time for Spring just as rates start rolling back and set a new record for sale price in Salem!
Sale Statistics
This property sold for 3.6% below the original asking price.
The property spent 34 days on market before selling.
Facts & Features
Property Overview
Interior Features
Exterior & Structure
Lot & Land
Parking & Garage
Utilities & Systems
Community & HOA
Financial & Tax Information
Additional Details
Location
Neighborhood
28 Fairmount St, Salem MA 01970
Salem, MA 01970
Walkability
Schools
School information not available
Monthly Payment Calculator
Payment Breakdown
Property History
Market Insights
Property Timeline
Sold
Jan 3, 2024Listed for Sale
Nov 22, 2023| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 01/03/2024 | ✓ Sold | $675,000 | - | - | Property sold |
| 11/22/2023 | 🏠 Listed for Sale | $699,900 | - | - | Original listing |