Sold

14-16 Bridge St, Salem, MA

Salem · MA 01970

$745,000
Price
5
Beds
4
Baths
2965
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1880
Units: 2 Units
Lot size: 7,405 Sq.Ft Lot
Price per square foot: $253 / Sq.Ft
Parking: 6 Off Street Spaces

About this home

Great investment opportunity on Salem Neck with water views of Beverly harbor. Legal two family on an oversized lot with abundant parking and great outdoor space. Good tenants who would prefer to stay. You'd be hard pressed to find a better multi family with easy access to both Salem and Beverly. Good sized rooms with ample storage and great light. No need to do any work....just purchase and sit back. Current revenue is $5,900 per month.

Neighborhood & Transit

14-16 Bridge 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:
1086 days
Listing Price:
$749,000
Price per Sq.Ft:
$253
Tax Assessment:
$571,200 in 2023
Taxes:
$596 / Monthly

Home Facts

Interior Features

Bedrooms
5
Full Bathrooms
4
Half Bathrooms
0
Living Area
2,965 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2965
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
7,405 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
Merry Fox Team
Listing office
MerryFox Realty
MLS PIN #
73180212
Disclosure
Both 14 and 16 Bridge are being sold. There is currently a 3rd unit being rented for $1,000 per month. Unit 2 and 3rd unit include heat