Sold

117-119 Loring Avenue, Salem, MA

Salem · MA 01970

$760,000
Price
6
Beds
2
Baths
2796
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1915
Units: 2 Units
Lot size: 5,602 Sq.Ft Lot
Price per square foot: $263 / Sq.Ft
Parking: 1 Garage Space · 6 Off Street Spaces

About this home

Special offering! Here is an opportunity to own a 6-Bedroom multi-family in South Salem. Two identical layouts with 3 bedrooms, 1 full bath, dining room, living room and eat-in kitchen with (front and back) decks for each unit. Also, great potential, on third level walk-up, to add even more living space. Family-owned and well-maintained for 85 years! Pride in ownership shines through with many details and updates, including original archways and mill-work, hardwood floors, some newer windows, new storm doors, new flooring in kitchens, paint, newer appliances, bathroom renovations, re-enforced decks, front decks with maintenance-free decking, extended driveway... Currently occupied by tenants, with leases until May (1st floor) & June (2nd floor). Ample amount of off-street parking, which is so important for snow removal days. Conveniently located close to downtown Salem and Salem State University, shops, restaurants, public transportation, making this an IDEAL INVESTMENT.

Neighborhood & Transit

South Salem

117-119 Loring Avenue, Salem · MA 01970

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:
1652 days
Listing Price:
$735,000
Price per Sq.Ft:
$263
Tax Assessment:
$557,300 in 2022
Taxes:
$615 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
2
Half Bathrooms
0
Living Area
2,796 Sq.Ft
Broker Disclosure about Living Area
measurements are approximate
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
Flooring
Unknown
Lead paint
Yes, Certified Treated

Utilities

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

Exterior Features

Lot Size
5,602 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
1 Parking Space
Off Street Parking
6 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Aluminum
Roof
Unknown

Green Features

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

Listing information

Listing agent
Holly Baldassare
Listing office
J. Barrett & Company
MLS PIN #
72933468
Disclosure
Lead paint is located in the basement. A complete inspection has been performed and is available through MLS docs paperclip.
Disclosure
measurements are approximate