Off Market

152 Salem St, Boston, MA

Boston · MA 02113

$3,995,000
Price
12
Beds
9.5
Baths
5400
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1920
Units: 9 Units
Lot size: 1,601 Sq.Ft Lot
Price per square foot: $740 / Sq.Ft
Parking: No Parking

About this home

****NORTH END INVESTMENT OPPORTUNITY**** RARE NINE unit property on Salem St in the North End. Comprised of (ONE) LARGE Renovated 3 bedroom 1.5 bathroom with private patio. (ONE) Renovated 2 bedroom 1 bath. (SEVEN) 1 bed plus office 1 bath units. Two common roof decks. UNBELIEVABLE VALUE ADD POTENTIAL as most of the units can be reconfigured to maximize the rent roll. The 3 bed could be converted to a 4 bedroom easily by adding a wall. All of the 1 bedroom plus office units could be converted to two bedroom one bath units. PROFORMA RENTS OF OVER WELL OVER $25K PER MONTH. Building is professionally managed and has been well maintained. Ideal for investors who want to purchase an income generating asset in an area with historically scarce inventory. PERFECT FOR A 1031 TAX FREE EXCHANGE or anyone looking to take advantage of low rates and secure a ROCK SOLID INVESTMENT in one of Boston's most coveted neighborhoods. Excellent Location near Downtown Boston & the Financial District.

Neighborhood & Transit

North End

152 Salem St, Boston · MA 02113

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • North Station GreenOrange Commuter Rail 4 routes 0.23 mi
    • Fitchburg Line
    • Haverhill Line
    • Lowell Line
    • Newburyport/Rockport Line
  • Haymarket GreenOrange 0.24 mi
  • Aquarium Blue 0.44 mi
  • State BlueOrange 0.45 mi
  • Bowdoin Blue 0.45 mi
  • Government Center BlueGreen 0.46 mi

Price Insight

Days on Market:
2031 days
Listing Price:
$3,995,000
Price per Sq.Ft:
$740
Tax Assessment:
$999 in 2021
Taxes:
$1,837 / Monthly

Home Facts

Interior Features

Bedrooms
12
Full Bathrooms
9
Half Bathrooms
1
Living Area
5,400 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
1,601 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Giancarlo Tiberi
Listing office
Core Property Group, LLC
MLS PIN #
72813127