17 Winter St, Salem MA 01970
Salem, MA 01970
$3,250,000
Est. $17,298/month
About this home
Sited just one block from historic Salem Common and a short distance to downtown and commuter rail is this circa 1820 Brick Federal 12 unit apartment building with adjacent 3 unit carriage house. Newer roof and heating systems as well as repointed brick exterior. Fantastic rental history and huge potential to upgrade cashflow as all tenants are TAW.
Sale Statistics
Sale Overview
Original List Price:
$3,500,000
Final Sale Price:
$3,250,000
Difference:
$250,000 (-7.1%)
Performance Metrics
92.9%
List to Sale Ratio
Sold below asking price
13
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$472
Sale $/sq ft:
$438
This property sold for $438 per square foot
Sale Summary
This property sold for 7.1% below the original asking price.
With only 13 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
5+ Family - 5+ Units Up/Down
Property Category
Residential Income
Year Built
1820
Bedrooms
16
Full Bathrooms
15
Living Area
7,420 sq ft
Total Rooms
26
Stories
5
Levels
5
Interior Features
Flooring
Wood, Tile, Vinyl
Has Fireplace
Yes
Number of Fireplaces
2
Basement Details
Full
Window Features
Storm Window(s), Screens
Door Features
Storm Door(s)
Exterior & Structure
Construction Materials
Brick
Roof
Shingle
Foundation
Concrete Perimeter, Granite
Exterior Features
Rain Gutters
Fencing
Fenced
Has Spa
No
View
City
Has View
Yes
Waterfront Features
Bay, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Waterfront Property
No
Lot & Land
Lot Size
0.19 acres
Lot Size
8,433 sq ft
Lot Size Area
0.1900
Lot Features
Corner Lot
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Parking Features
Paved Drive, On Street
Utilities & Systems
Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 200+ Amp Service
Community & HOA
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$29,800
Tax Year
2023
Tax Assessed Value
$2,382,100
Parcel Number
M:35 L:0057,4078935
Zoning
R2
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Listing Terms
Contract
Location
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Neighborhood
17 Winter St, 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
$2,483
Homeowners Insurance
$200
PMI
$0
Property History
Market Insights
7.1%
Price Range
15
Total Days on Market
Property Timeline
Sold
Apr 30, 2024
$3,250,000
Property sold
Days on Market: 15
Listed for Sale
Dec 14, 2023
$3,500,000
Original listing
Agent: Ted Richard
Office: J. Barrett & Company
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 04/30/2024 | ✓ Sold | $3,250,000 | - | - | Property sold |
| 12/14/2023 | 🏠 Listed for Sale | $3,500,000 | - | - | Original listing |