***** OFFER NOTIFICATION - PLEASE SUBMIT HIGHEST AND BEST OFFER BY MONDAY 1/20/25 at 2:00PM - Seller reserves the right to accept any offer ***** Welcome to this charming 2-family home in the heart of Salem! Each spacious apartment features 3 bedrooms and 1 bathroom, providing plenty of room for comfortable living. There is also great potential to expand the size of one of the apartments, offering an exciting opportunity to customize and increase your living space. Perfect for investors or owner-occupants, this property offers off-street parking for up to 5 vehicles, ensuring convenience for all residents. With its prime location, you'll enjoy easy access to Salem’s vibrant downtown, waterfront, and public transportation. Don’t miss the opportunity to own this well-maintained multi-family home with potential for future growth in a sought-after area! FIRST SHOWINGS AT OPEN HOUSE Sat Jan. 18th + Sunday Jan 19th from 12 Noon to 1:30 PM.
Sale Statistics
Sale Overview
Original List Price:$779,900
Final Sale Price:$850,000
Difference:
+$70,100 (+9.0%)
Performance Metrics
109.0%
List to Sale Ratio
Sold above asking price
13
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$351
Sale $/sq ft:$383
This property sold for $383 per square foot
Sale Summary
This property sold for 9.0% above the original asking price, indicating strong buyer demand.
With only 13 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
2 Family - 2 Units Up/Down
Property Category
Residential Income
Year Built
1908
Bedrooms
6
Full Bathrooms
2
Living Area
2,220 sq ft
Total Rooms
10
Stories
2
Levels
2
Interior Features
Flooring
Wood, Carpet, Varies, Laminate
Heating
Baseboard, Hot Water, Oil, Unit Control
Has Heating
Yes
Cooling
Central Air, Unit Control, None
Has Cooling
No
Has Fireplace
No
Appliances
Range, Dishwasher, Refrigerator, Freezer, Washer, Range Hood
Interior Features
Ceiling Fan(s), Bathroom With Tub & Shower, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Living Room, Kitchen
Basement Details
Full, Interior Entry, Concrete, Unfinished
Window Features
Picture Window, Insulated Windows
Exterior & Structure
Construction Materials
Frame
Roof
Shingle
Foundation
Stone
Exterior Features
Rain Gutters, Stone Wall
Patio/Porch Features
Enclosed
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.15 acres
Lot Size
6,695 sq ft
Lot Size Area
0.1500
Lot Features
Gentle Sloping
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
4
Parking Features
Paved Drive, Off Street, Paved
Utilities & Systems
Utilities Available
for Electric Range, for Electric Oven, Varies per Unit
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Community & HOA
Community Features
Public Transportation, Shopping, Golf, Medical Facility, Sidewalks
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$7,759
Tax Year
2024
Tax Assessed Value
$667,700
Parcel Number
2130969
Zoning
R1
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Disclosures
TAW- rents below market-second floor expected to be vacant by 3-15-2025
