This large two-family is located on a dead-end street near the Beverly Salem Bridge yet close enough to lively downtown Salem and the commuter line. This one has great potential for multiple buyers: First-time home buyers, multi-generational home buyers, or investor buyers. First-time home buyers can live in one unit while collecting rent from the other. The multi-generational homebuyer can use the first-floor unit as a one-level space for a family member while having lots of space for the rest of the family in the larger 2nd unit, which features two floors, 3 large bedrooms, and 1.5 baths. Investor buyers can use this as a buy-and-hold, condo conversion, or potential short-term rental property. Buy and use as is, or bring your renovation ideas to update this property. Recent updates include new electric service and panels in 2023 and new heat systems within the last 5 years. Showings Only at Open Houses Sat & Sun 11:30 -1 pm. **All Offers Due For Seller Review by Tuesday by 1 pm.**
Sale Statistics
Sale Overview
Original List Price:$650,000
Final Sale Price:$775,000
Difference:
+$125,000 (+19.2%)
Performance Metrics
119.2%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft:$301
Sale $/sq ft:$359
This property sold for $359 per square foot
Sale Summary
This property sold for 19.2% above the original asking price, indicating strong buyer demand.
With only 6 days on market, this was a quick sale compared to typical market conditions.
Ceiling Fan(s), Storage, Living Room, Dining Room, Kitchen, Family Room
Basement Details
Full, Sump Pump
Window Features
Box/Bay/Bow Window(s)
Exterior & Structure
Roof
Shingle
Foundation
Stone
Patio/Porch Features
Deck - Wood
Has Spa
No
Waterfront Features
Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No
Lot & Land
Lot Size
0.08 acres
Lot Size
3,385 sq ft
Lot Size Area
0.0800
Road Frontage Type
Public
Parking & Garage
Garage Spaces
1
Has Garage
Yes
Total Non-Garage Parking Spaces
3
Parking Features
Paved Drive, Off Street, On Street, Paved
Covered Parking Spaces
1
Utilities & Systems
Utilities Available
for Gas Range, for Gas Oven
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Community & HOA
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Marina, Private School, Public School, T-Station, University
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$4,839
Tax Year
2024
Tax Assessed Value
$416,400
Parcel Number
M:36 L:0142,2137269
Zoning
R2
Financial Data Source
Not Available
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Disclosures
First Floor Range Working But Oven Needs Repair. Dishwasher never used. Property Sold As Is.
