Sold

106 N Policy St, Salem, MA

Salem · MA 03079

$602,000
Price
6
Beds
3
Baths
2662
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1950
Units: 3 Units
Lot size: 9,583 Sq.Ft Lot
Price per square foot: $220 / Sq.Ft
Parking: 6 Off Street Spaces

About this home

PUT MONEY IN YOUR POCKET WITH THIS SURPRISING RANCH STYLE 3-UNIT PROPERTY IN A NEIGHBORHOOD SETTING! Nice corner lot w driveway off Orchard Terrace provides 6+ car parking & a lovely place to walk around the block. Big side & front yards for gardens or play area. Looks are deceiving- 2662 sq ft w walkout lower level. Lots of updates thruout including white kitchens & newer updated baths. The 3 bdrm twnhse unit is vacant & ready for owner occupant or a new tenant. The 1 & 2 bdrm garden apartments have good long term tenants, 7 years- rents well below market. No leases, month to month. Roof 8 yrs young. New hot water heater. FHW boiler 7 yrs young. Heat & hot water included in all rents. Owner pays electric for 1 bdrm unit & coin op laundry. 3 stoves, 3 refrigerators included. Public water & sewer. Reeds Ferry shed to store yard equipment. Super conv to shopping, schools, fun at Canobie Lake & Exit 2 off Rt.93. Open House Sun 9/24 11-1, vacant apt.only, Occupied apts BY APPT ONLY

Neighborhood & Transit

106 N Policy St, Salem · MA 03079

Nearby transit

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

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
1142 days
Listing Price:
$585,000
Price per Sq.Ft:
$220
Tax Assessment:
$386,400 in 2022
Taxes:
$517 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
3
Half Bathrooms
0
Living Area
2,662 Sq.Ft (Includes Basement)
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
1342
Flooring
Unknown
Lead paint
Certified Treated

Utilities

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

Exterior Features

Lot Size
9,583 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
6 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

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

Listing information

Listing agent
Cheryl Foster
Listing office
Leading Edge Real Estate
MLS PIN #
73160922
Disclosure
Lead paint report available. Rental income is market rent, not current rent. Per appraiser: 3bdrm $1700-2200, 2bdrm $1600-2000, 1bdrm $1300-1500. Measured sq ft for marketing purpose only, buyer & agent to do own due diligence.