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    65 Boston

    Salem, MA 01970
    • $1,550,000
    • STATUS: Active
    • MLS #: 72749539
    UPDATED: 37 min ago
    $1,550,000
    • 14
      BEDS
    • 0.2
      ACRES
    • 10
      BATHS
    • 0
      1/2 BATHS
    • 5,439
      SQFT
    • $285
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1850
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Francesca Little of Little & Co., Realtorsâ®.

    Description

    Unique investment opportunity in a developing part of Salem. Property was converted to condos in 2008 and only one was sold. Seller is offering the 7 remaining condos. Most of the units have been updated with granite countertops, stainless steel appliances, decorative fireplaces and hardwood floors. Some units have laundry hookups. All units have separate electric and gas range. Owner pays for heat and hot water. Property also comes with 10 off street parking spaces with an option to add more. All TAW. Due to COVID-19 we will only be showing the vacant units by appointment with masks required. All other units will be shown within 48 hours of an accepted offer. Please see attached PDF for detailed income and expenses.

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    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2020-11-30T08:06:32.427.
    www.trustrealtyone.com/homes/111415437
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    65 Boston Salem, MA 01970

    • Price: $1,550,000
    • Status: Active
    • Updated: 37 min ago
    • MLS #: 72749539
    14
    Beds
    10
    Baths
    0
    ½ Baths
    0.2
    Acres
    5,439
    SQFT
    $285
    $/SQFT
    1850
    Built
    Neighborhood:
    Other
    County:
    Essex
    Area:
    Other
    Property Description
    Unique investment opportunity in a developing part of Salem. Property was converted to condos in 2008 and only one was sold. Seller is offering the 7 remaining condos. Most of the units have been updated with granite countertops, stainless steel appliances, decorative fireplaces and hardwood floors. Some units have laundry hookups. All units have separate electric and gas range. Owner pays for heat and hot water. Property also comes with 10 off street parking spaces with an option to add more. All TAW. Due to COVID-19 we will only be showing the vacant units by appointment with masks required. All other units will be shown within 48 hours of an accepted offer. Please see attached PDF for detailed income and expenses.
    Exterior Features

    Beachfront No Exterior Brick Exterior Features Covered Patio/Deck Foundation Fieldstone Lot Description Paved Drive Parking Features Off-Street Parking Spaces 10 Roof Material Asphalt/Fiberglass ShinglesSlateTar & GravelRubber Waterfront Flag No Waterview Flag No

    Interior Features

    Appliances Unit1 RangeRefrigerator Appliances Unit2 RangeDishwasherRefrigerator Appliances Unit3 RangeDishwasherRefrigerator Appliances Unit4 RangeDishwasherRefrigerator Basement Yes Bedrooms Unit1 1 Bedrooms Unit2 2 Bedrooms Unit3 2 Bedrooms Unit4 2 Fireplaces 10 Fireplaces Unit1 0 Fireplaces Unit2 1 Fireplaces Unit3 1 Fireplaces Unit4 1 Floors Unit1 1 Floors Unit2 2 Floors Unit3 3 Floors Unit4 4 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Hot Water Oil Levels 4 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Levels Unit4 1 Rooms 18 Rooms Description Unit1 Living RoomKitchen Rooms Description Unit2 Living RoomKitchen Rooms Description Unit3 Living RoomKitchen Rooms Description Unit4 Living RoomKitchen Rooms Unit1 3 Rooms Unit2 4 Rooms Unit3 4 Rooms Unit4 4

    Property Features

    Amenities Public TransportationT-Station Apod Available Yes Assessments 804000.00 Disclosure No Disclosures Buyer To Do Their Own Due Diligence To Verify income And Expenses Expenses Source Owner Provided Expenses Year End 12/19 Gross Operating Income 144600 Lead Paint Unknown Lease Unit1 N Lease Unit2 N Lease Unit3 N Lease Unit4 N Lender Owned No Multifamily Type 5-9 Family Net Operating Income 86288 Rent Description Unit1 HeatWaterHot Water Rent Description Unit2 HeatWaterHot Water Rent Description Unit3 HeatWaterHot Water Rent Description Unit4 HeatWaterHot Water Rent Unit1 1295 Rent Unit2 2100 Rent Unit3 1695 Rent Unit4 1895 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Owner Tax Year 2019 Taxes 12140.00 Water City/Town Water Year Built Description Approximate Year Built Source Public Record Zoning R2

    Listing information © 2020 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Francesca Little of Little & Co., Realtorsâ®.


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2020-11-30T08:06:32.427.
     
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    Listing courtesy of Francesca Little of Little & Co., Realtorsâ®.