Off Market

112 North Street, Salem, MA

Salem · MA 01970

$814,999
Price
4
Beds
2.5
Baths
2955
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1890
Units: 3 Units
Lot size: 2,104 Sq.Ft Lot
Price per square foot: $276 / Sq.Ft
Parking: 2 Off Street Spaces

About this home

Available for immediate acquisition is this mixed-use triple decker on North Street and the gateway to downtown historic Salem Massachusetts. The Property has three separate heating systems and four separate electric meters. The first floor is a very popular breakfast & lunch restaurant, the second floor is a 2-bedroom apartment and the third floor is a 2-bedroom apartment. Hot water is included by the Landlord in the rents and the Tenants have their own electric bills and natural gas (if applicable). Recent capital improvements are one of the three heating units and the electric service both being replaced within the past year or so. 112 North Street in Salem is located on Route 114, about a quarter mile from the Salem Depot Commuter Rail Station and the downtown historic district at the North River. The first floor is under a lease agreement, the second floor is Tenant At Will and the third floor, for the purposes of listing the property, has just become vacant.

Neighborhood & Transit

112 North Street, Salem · MA 01970

Nearby transit

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

  • Salem Commuter Rail 1 route 0.29 mi
    • Newburyport/Rockport Line

Price Insight

Days on Market:
1445 days
Listing Price:
$814,999
Price per Sq.Ft:
$276
Tax Assessment:
$400,800 in 2022
Taxes:
$443 / Monthly

Home Facts

Interior Features

Bedrooms
4
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,955 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
Circuit Breakers

Exterior Features

Lot Size
2,104 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
2 Parking Spaces

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
Brian DApice
Listing office
The Mega Group
MLS PIN #
72957764