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2-4 Howard St, Salem, MA

Salem · MA 01970

$2,360,000
Price
11
Beds
11
Baths
4368
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1800
Units: 11 Units
Lot size: 2,700 Sq.Ft Lot
Price per square foot: $595 / Sq.Ft
Parking: 1 Off Street Space

About this home

The Property contains eleven (11) residential units comprised of two (2), 1-Bedroom/1-Bathroom units, six (6) Studio units, and three (3), 2-Room Studio units. The Property has recently undergone extensive renovations to 10 of the 11 units. The renovated units feature hardwood flooring, granite countertops, white shaker cabinets, and stainless-steel appliances in the kitchens. The bathrooms feature tile flooring and walk-in showers. The property also features new coin-operated laundry machines for the tenants to use. The Landlord is responsible for electricity, heat, hot water, and domestic water and sewer. The Property has a central oil-fired furnace that provides heat and hot water for the units. The opportunity exists to increase rents to market rates in a desirable high demand and supply constrained residential market significantly increasing the income generating potential of the asset.

Neighborhood & Transit

2-4 Howard St, Salem · MA 01970

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Salem Commuter Rail 1 route 0.23 mi
    • Newburyport/Rockport Line

Price Insight

Days on Market:
987 days
Listing Price:
$2,600,000
Price per Sq.Ft:
$595
Tax Assessment:
$1,005,600 in 24
Taxes:
$1,037 / Monthly

Home Facts

Interior Features

Bedrooms
11
Full Bathrooms
11
Half Bathrooms
0
Living Area
4,368 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4368
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Other (See Remarks)

Exterior Features

Lot Size
2,700 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
1 Parking Space

Construction Details

Construction Type
Unknown
Siding
Clapboard
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Stephen Girolamo
Listing office
Horvath & Tremblay
MLS PIN #
73203858