Off Market
10 Howard St, Salem, MA
Salem · MA 01970
- $1,395,000
- Price
- 15
- Beds
- 7
- Baths
- 5110
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
15 Units
Lot size:
1,668 Sq.Ft Lot
Price per square foot:
$273 / Sq.Ft
Parking:
1 Off Street Space
About this home
Fantastic investment opportunity! Posibility of turning the licensed lodging house into regular apartments (with city approval) or use as short-term rentals (AirBnB) according to city solicitor. It currently offers 15 units with a total of 24 rooms, boasting 4 private baths and 3 common baths. Conveniently situated near the commuter train station and downtown Salem, tenants enjoy easy access to transportation and amenities. With 2 parking spaces, convenience meets practicality. Recently painted and featuring updated cabinetry, this property is turnkey and ready for new ownership as a rooming house. Possibly convert to regular apartments (many rooms have connecting doorways) or condos (city approval required). Newer furnace was put in 2019. Roof reshingled late spring 2021. Floors just completely refinished. Most windows are newer. Don't miss out on this possible lucrative venture! Floor plans online. Gross income is projected and not actual. Buyers to perform due diligence.
Neighborhood & Transit
10 Howard St, Salem · MA 01970
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Salem Commuter Rail 1 route 0.22 mi
- Newburyport/Rockport Line
Price Insight
- Days on Market:
- 898 days
- Listing Price:
- $1,395,000
- Price per Sq.Ft:
- $273
- Tax Assessment:
- $954,200 in 2024
- Taxes:
- $924 / Monthly
Home Facts
Interior Features
- Bedrooms
- 15
- Full Bathrooms
- 7
- Half Bathrooms
- 0
- Living Area
- 5,110 Sq.Ft
- Broker Disclosure about Living Area
- Room count does not include common areas or baths
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 5110
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Circuit Breakers, 200 Amps
Exterior Features
- Lot Size
- 1,668 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 1 Parking Space
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
- Armstrong Field Team
- Listing office
- Aluxety
- MLS PIN #
- 73240469
- Disclosure
- Rooming House license is for 15 units. Buyer to do all due diligence on the transfer of the license. Driveway may be partially on neighbor's land.
- Disclosure
- Room count does not include common areas or baths