First open house Sunday 4/14 11:00am-1:00pm. No showings before Open House due to tenant's privacy. Welcome to this fantastic investment opportunity to own this 2 family home located less than 1 mile from downtown Salem and the MBTA station making it a great commuter location. A large driveway for 4 cars, new roof, and an enclosed porch make this one a must-see. Unit 1 has been fully renovated and has new stainless steel appliances, hardwood floors, and heating system all less than 2 years old. Unit 2 has a fully renovated bathroom, original hardwood floors and endless opportunities to update! Both units are TAW making this perfect for owner-occupants or as an investor property! Property will be sold with both units occupied.
Sale Statistics
Sale Overview
Original List Price:$610,000
Final Sale Price:$595,000
Difference:
$15,000 (-2.5%)
Performance Metrics
97.5%
List to Sale Ratio
Sold below asking price
12
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$336
Sale $/sq ft:$328
This property sold for $328 per square foot
Sale Summary
This property sold for 2.5% below the original asking price.
With only 12 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
Multi Family
Property Category
Residential Income
Year Built
1914
Bedrooms
4
Full Bathrooms
2
Living Area
1,816 sq ft
Total Rooms
10
Stories
2
Levels
2
Interior Features
Flooring
Wood, Hardwood
Heating
Forced Air, Natural Gas
Has Heating
Yes
Has Fireplace
No
Appliances
Range, Microwave, Refrigerator
Interior Features
Remodeled, Living Room, Dining Room, Kitchen
Basement Details
Full, Interior Entry, Unfinished
Window Features
Screens
Exterior & Structure
Construction Materials
Frame
Roof
Shingle
Foundation
Stone
Exterior Features
Rain Gutters
Patio/Porch Features
Enclosed
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.11 acres
Lot Size
4,665 sq ft
Lot Size Area
0.1100
Lot Features
Easements
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
4
Parking Features
Paved Drive, Off Street, Driveway, Paved
Utilities & Systems
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Community & HOA
Community Features
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Public School, T-Station, University
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$6,138
Tax Year
2024
Tax Assessed Value
$528,200
Parcel Number
M:15 L:0288,2128720
Zoning
R2
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Listing agent is the seller.
Exclusions
Washer & Dryer In The Basement Belong To Tenant.Lawn And Yard Equipment In Basement Belong To Seller
