Sold
12 Palmer St, Salem, MA
Salem · MA 01970
- $1,250,000
- Price
- 10
- Beds
- 6
- Baths
- 4032
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1915
Units:
6 Units
Lot size:
2,465 Sq.Ft Lot
Price per square foot:
$341 / Sq.Ft
Parking:
1 Garage Space · 2 Off Street Spaces
About this home
12 Palmer Street is located in Historic Downtown Salem Massachusetts. This beautiful six (6) unit red brick building boasts an ideal unit-mix of three (3) two-bedroom units, two (2) one-bedroom units, and one (1) studio with tandem parking driveway and one (1) garage parking spot. The property has a total gross square footage of 5,995 ? with a rentable square footage of 4,032?, and features laundry on site along with individual locked storage rooms for additional income. All units feature open floor plans with lots of natural light, hardwood floors and ceramic tile in kitchens. The property has undergone recent capital improvements such as a new rubber roof in 2021, recently installed boiler and hot water tank, window replacements, interior and exterior painting, common area LED lighting, and various renovations within the apartments. Located within walking distance to Derby Street and Downtown Salem, the location presents a great opportunity for tenants who work downtown and commute.
Neighborhood & Transit
South Salem
12 Palmer St, 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:
- 849 days
- Listing Price:
- $1,375,000
- Price per Sq.Ft:
- $341
- Tax Assessment:
- $1,085,100 in 2024
- Taxes:
- $1,051 / Monthly
Home Facts
Interior Features
- Bedrooms
- 10
- Full Bathrooms
- 6
- Half Bathrooms
- 0
- Living Area
- 4,032 Sq.Ft
- Broker Disclosure about Living Area
- Total Gross SF 5,995
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 4032
- Flooring
- Unknown
- Lead paint
- Certified Treated
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- 220 Volts, Circuit Breakers
Exterior Features
- Lot Size
- 2,465 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 1 Parking Space
- Off Street Parking
- 2 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Brick
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Dan Pouladian
- Listing office
- North Shore Realty Advisors
- MLS PIN #
- 73260709
- Disclosure
- Seller will deliver property with 6 lead compliance letters
- Disclosure
- Total Gross SF 5,995