Sold
15 Leach St Unit 0, Salem, MA
Salem · MA 01970
- $1,485,000
- Price
- 18
- Beds
- 6
- Baths
- 6561
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1925
Units:
6 Units
Lot size:
0.23 Acre Lot
Price per square foot:
$232 / Sq.Ft
Parking:
6 Garage Spaces · 12 Off Street Spaces
About this home
Rare Offering 15 Leach Street in Salem Massachusetts. Location is right between the historic downtown district and Salem State University. The subject property is six (6) units with off street parking spaces for twelve (12) vehicles. All units are very large three-bedrooms apartments with one-bathroom, replacement windows and all have their own lead compliance certifications. The tenants pay for their own heat and electric and the landlord pays for hot water. The basement consists of one (1) hot water tank and six (6) natural gas boilers, the hot water heater is less than one-year old. Detached from the apartment building is a six (6) bay garage which can also create additional income. 15 Leach Street is ideally located just off Lafayette Street, and is 1-mile from the Salem Depot Commuter Rail Station. This opportunity represents a going in CAP Rate of 7.2% which makes this an ideal opportunity for any investor looking to be in a strong historic Salem Market
Neighborhood & Transit
15 Leach 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:
- 2597 days
- Listing Price:
- $1,525,000
- Price per Sq.Ft:
- $232
- Tax Assessment:
- $1,138,300 in 2019
- Taxes:
- $1,432 / Monthly
Home Facts
Interior Features
- Bedrooms
- 18
- Full Bathrooms
- 6
- Half Bathrooms
- 0
- Living Area
- 6,561 Sq.Ft
- Broker Disclosure about Living Area
- 0
- 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
- Unknown
Exterior Features
- Lot Size
- 10,019 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 6 Parking Spaces
- Off Street Parking
- 12 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
- Dan Pouladian
- Listing office
- The Mega Group
- MLS PIN #
- 72538150