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Salem, MA 01970
$1,050,000
Est. $5,589/month
About this home
Great investment or owner occupied opportunity in this 3 unit property conveniently located between Salem State and downtown Salem. New high efficiency heating systems for 2 of the units. Separate utilities, laundry in basement, well maintained throughout. Long history of high rents. Large yard, tons of parking, large shed / storage garage. Hardwood floors, tall ceilings, and beautiful entryway. This is a great opportunity to own an investment property that truly makes sense today and into the future.
Sale Statistics
Sale Overview
Original List Price:
$1,100,000
Final Sale Price:
$1,050,000
Difference:
$50,000 (-4.5%)
Performance Metrics
95.5%
List to Sale Ratio
Sold below asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$297
Sale $/sq ft:
$283
This property sold for $283 per square foot
Sale Summary
This property sold for 4.5% below the original asking price.
With only 18 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
3 Family
Property Category
Residential Income
Year Built
1868
Bedrooms
8
Full Bathrooms
4
Living Area
3,708 sq ft
Total Rooms
15
Stories
3
Levels
3
Interior Features
Has Fireplace
No
Appliances
Washer, Dryer
Basement Details
Full
Exterior & Structure
Construction Materials
Frame
Roof
Shingle
Foundation
Irregular
Patio/Porch Features
Porch
Has Spa
No
Waterfront Features
Beach Access, Harbor, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No
Lot & Land
Lot Size
0.26 acres
Lot Size
11,374 sq ft
Lot Size Area
0.2600
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
6
Parking Features
Paved Drive, Off Street
Utilities & Systems
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Community & HOA
Community Features
Public Transportation, Shopping, Park, Public School
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$9,439
Tax Year
2023
Tax Assessed Value
$754,500
Tax Block
0198
Tax Map Number
33
Parcel Number
3301980,2134745
Zoning
R2
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Pictures are of 1st and 3rd floor units. 1st floor can be delivered vacant.
Location
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Neighborhood
23 Gardner Street, Salem MA 01970
Salem, MA 01970
Walkability
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Schools
School information not available
Monthly Payment Calculator
%
%
Estimated Monthly Payment
$0
Payment Breakdown
Principal & Interest
$0
Property Tax
$787
Homeowners Insurance
$200
PMI
$0
Property History
Market Insights
4.5%
Price Range
20
Total Days on Market
Property Timeline
Sold
Nov 30, 2023
$1,050,000
Property sold
Days on Market: 20
Listed for Sale
Oct 5, 2023
$1,100,000
Original listing
Agent: Merry Fox Team
Office: MerryFox Realty
Date | Event | Price | Change | $/sqft | Details |
---|---|---|---|---|---|
11/30/2023 | ✓ Sold | $1,050,000 | - | - | Property sold |
10/05/2023 | 🏠 Listed for Sale | $1,100,000 | - | - | Original listing |