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21 Nichols St, Salem, MA

Salem · MA 01970

$505,000
Price
2
Beds
2
Baths
1280
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1961
Units: 2 Units
Lot size: 2,648 Sq.Ft Lot
Price per square foot: $413 / Sq.Ft
Parking: 2 Off Street Spaces

About this home

Don't miss this fantastic opportunity! Nestled in the Witchcraft Heights neighborhood of Salem, this beautiful turnkey 2-family home offers both immediate benefits and long-term potential. The first floor has been thoughtfully updated, boasting a brand-new kitchen, bathroom, and fresh paint. Meanwhile, the second floor exudes charm with beautifully restored hardwood floors, a sleek modern kitchen featuring new appliances, and a stunning granite bar countertop. Major updates completed, including a new roof, updated electric system, and vinyl siding, along with separate utilities for each unit. Whether you're an investor looking to maximize income potential by renting out both units or a homeowner seeking to offset mortgage costs by living in one unit while renting out the other, this is for you! First floor to be delivered vacant, 2nd floor lease ends Aug. 31st (tenant wishes to remain). Enjoy easy access to the commuter rail, waterfront, and downtown!

Neighborhood & Transit

21 Nichols 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:
944 days
Listing Price:
$529,000
Price per Sq.Ft:
$413
Tax Assessment:
$517,300 in 2024
Taxes:
$501 / Monthly

Home Facts

Interior Features

Bedrooms
2
Full Bathrooms
2
Half Bathrooms
0
Living Area
1,280 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
1280
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
220 Volts

Exterior Features

Lot Size
2,648 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
2 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
Cheryl Colarusso
Listing office
Keller Williams Realty Boston Northwest
MLS PIN #
73219947
Disclosure
see attachment. Buyer-Buyers agent to do due diligence.