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About this home
Discover a well-maintained treasure in the heart of Salem, just a stone's throw away from the vibrant downtown scene. This 3-family property boasts spacious 2-bedroom, 1-Bathroom units complete with inviting dining and living areas. Four off street parking spaces gives the potential for added monthly income. Each unit is equipped with separate utilities, ensuring convenience and flexibility for both tenants and landlords alike. Current rents are well below market. This property can be sold with 4 Chase st and 199-201 Lafayette st to create a 12 unit package with 12 off street parking spaces. See attached for detailed income/expenses as well as rent projections.
Sale Statistics
This property sold for 2.1% below the original asking price.
With only 29 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Interior Features
Exterior & Structure
Lot & Land
Parking & Garage
Utilities & Systems
Community & HOA
Financial & Tax Information
Additional Details
Location
Neighborhood
2 Chase, Salem MA 01970
Salem, MA 01970
Walkability
Schools
School information not available
Monthly Payment Calculator
Payment Breakdown
Property History
Market Insights
Property Timeline
Sold
May 22, 2024Listed for Sale
Mar 11, 2024Date | Event | Price | Change | $/sqft | Details |
---|---|---|---|---|---|
05/22/2024 | ✓ Sold | $930,000 | - | - | Property sold |
03/11/2024 | 🏠 Listed for Sale | $950,000 | - | - | Original listing |