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17-23 Palmer St, Salem, MA

Salem · MA 01970

$1,900,000
Price
19
Beds
6
Baths
7044
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1915
Units: 6 Units
Lot size: 7,052 Sq.Ft Lot
Price per square foot: $284 / Sq.Ft
Parking: 6 Off Street Spaces

About this home

Discover the potential of this oversized 6-family property located at 17-23 Palmer St. Each unit boasts ample space, with four (4) large 3-4 bedroom, 1 bath units, and two (2) spacious 3 bedroom, 1 bath units. With 6-7 off-street parking spots, this property offers convenience and accessibility for both tenants and landlords alike. Landlord is responsible for Heat and some HW. Tenants pay their own electric. Rents are below market. See attached OM for rent roll (including pro forma) and detailed incomes/expenses.

Neighborhood & Transit

17-23 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:
958 days
Listing Price:
$2,000,000
Price per Sq.Ft:
$284
Tax Assessment:
$965,000 in 2023
Taxes:
$888 / Monthly

Home Facts

Interior Features

Bedrooms
19
Full Bathrooms
6
Half Bathrooms
0
Living Area
7,044 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
7044
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
7,052 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
Francesca Little
Listing office
Little & Co., REALTORS®
MLS PIN #
73215172
Disclosure
Buyers to their due diligence to verify all income and expenses.