Sold

16 Oakland St, Salem, MA

Salem · MA 01970

$450,000
Price
4
Beds
2
Baths
1996
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1925
Units: 2 Units
Lot size: 3,498 Sq.Ft Lot
Price per square foot: $225 / Sq.Ft
Parking: 3 Off Street Spaces

About this home

Paint, Patch, and Profit! Investors and rehabbers take notice. If you know how to roll up your sleeves and get things done, now is the perfect time for you to step in and take over. This property was originally listed on 10/5/22 and went under contract in only 7 days. The lender for the current offer has been unable to issue a financing commitment after 3 extensions so this is now back on the market seeking immediate new offers. The tenants that occupied both units have recently moved out, and the house will be delivered vacant at closing. This North Salem 2 family has much upside potential. Possible condo conversion or keep as rental. Each unit has 2 bedrooms, one full bath, some wood flooring, period detail, and off-street parking. There is a large unfinished walk-up attic that offers an excellent opportunity to add living space. Call today to schedule a showing, or stop by Open House on Thursday morning, December 8th, from 9:00 am -11:00 am. Offers due Friday, December 9 by 11 am.

Neighborhood & Transit

16 Oakland 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:
1403 days
Listing Price:
$450,000
Price per Sq.Ft:
$225
Tax Assessment:
$486,800 in 2022
Taxes:
$538 / Monthly

Home Facts

Interior Features

Bedrooms
4
Full Bathrooms
2
Half Bathrooms
0
Living Area
1,996 Sq.Ft
Broker Disclosure about Living Area
does not include attic
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
100 Amps

Exterior Features

Lot Size
3,498 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
3 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
Team Curtin - Tim & Jody
Listing office
J. Barrett & Company
MLS PIN #
73044733
Disclosure
Property to be sold in current as-is condition. Leases are month-to-month.
Disclosure
does not include attic