Right down the street from the hustle and bustle of all the festivities, but quietly situated on a dead end street off of another dead end, the location provides the best of both worlds! With numerous recent upgrades, this property is a true gem. Each unit boasts modern amenities and newer systems and appliances. While legally a 2-family, the 3rd floor provides endless opportunity; current owner used it as a 2 bedroom unit for multi-generational living complete w/living room, kitchenette, & bathroom. The property's outdoor spaces are equally impressive- fenced backyard, two back decks AND two front porches. Don't miss the opportunity to own this exceptional multi-family property that combines income potential, modern amenities, and versatile living spaces. Whether you're an investor looking for a reliable income stream or a homeowner seeking a flexible living arrangement, this property offers the best of both worlds.
Sale Statistics
Sale Overview
Original List Price:$899,900
Final Sale Price:$800,000
Difference:
$99,900 (-11.1%)
Performance Metrics
88.9%
List to Sale Ratio
Sold below asking price
60
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft:$315
Sale $/sq ft:$280
This property sold for $280 per square foot
Sale Summary
This property sold for 11.1% below the original asking price.
The property spent 60 days on market before selling.
Ceiling Fan(s), Crown Molding, Stone/Granite/Solid Counters, Bathroom with Shower Stall, Remodeled, Slider, Upgraded Cabinets, Living Room, Dining Room, Kitchen, Family Room, Living RM/Dining RM Combo
Laundry Features
Electric Dryer Hookup, Washer Hookup
Basement Details
Full, Interior Entry, Unfinished
Exterior & Structure
Construction Materials
Frame
Roof
Shingle
Foundation
Block, Stone
Exterior Features
Balcony/Deck
Patio/Porch Features
Porch, Deck - Wood, Deck - Vinyl
Fencing
Fenced/Enclosed, Fenced
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.09 acres
Lot Size
3,833 sq ft
Lot Size Area
0.0900
Lot Features
Level
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
6
Parking Features
Paved Drive, Off Street, Tandem, Paved
Utilities & Systems
Utilities Available
for Gas Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Common, Individually Metered
Community & HOA
Community Features
Public Transportation, Shopping, Public School, T-Station
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$6,735
Tax Year
2023
Tax Assessed Value
$538,400
Parcel Number
M:25 L:0340,2131730
Zoning
R2
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Legally a two-family, but used as a 3 family(public record does list beds & bath in the 3rd unit). Property has Ring doorbell and cameras on front exterior of home. Forced air gas heat on first and second floor; third floor has three zone electric heat. Basement gets some seepage during heavy rains.
Exclusions
Chandelier In 1st Floor Dining Room,1st Floor Living Room Curtain Holdbacks
Location
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Neighborhood
9 Vale St, Salem MA 01970
Salem, MA 01970
Walkability
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Schools
School information not available
Monthly Payment Calculator
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Estimated Monthly Payment$0
Payment Breakdown
Principal & Interest$0
Property Tax$561
Homeowners Insurance$200
PMI$0
Property History
Market Insights
8.6%
Price Range
55
Total Days on Market
Property Timeline
✓
Sold
Dec 8, 2023
$800,000
Property sold
Days on Market: 55
🏠
Listed for Sale
Sep 20, 2023
$875,000
Original listing
Agent: Ashley TrappOffice: The Simply Sold Realty Co.