Sold

26 Phelps St, Salem, MA

Salem · MA 01970

$750,000
Price
5
Beds
2
Baths
2346
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1938
Units: 2 Units
Lot size: 0.24 Acre Lot
Price per square foot: $298 / Sq.Ft
Parking: 2 Garage Spaces · 4 Off Street Spaces

About this home

This one might surprise you. At the end of Phelps St., on a large lot with a spacious fenced backyard and a large driveway for 4-car parking, you'll find this classic 2 family. With generous room sizes and high ceilings, the units feel very welcoming. Both units have eat-in kitchens with pantries, in-unit laundry areas, and sunrooms. Ample storage space in the basement with interior and exterior access. Roof & vinyl siding are approximately 10 years old. This is a superb opportunity for an owner occupant, as the layout and property feel like a home not an apartment. Investors will also enjoy the straightforward floor plans and potential for future condo conversion. Both units are currently vacant after being rented to family for many years. Desirable location off of Broad Street, that's minutes to Salem's favorite shops, stores & restaurants as well as Salem State University and Salem Hospital.

Neighborhood & Transit

26 Phelps 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:
1393 days
Listing Price:
$699,900
Price per Sq.Ft:
$298
Tax Assessment:
$464,800 in 2022
Taxes:
$513 / Monthly

Home Facts

Interior Features

Bedrooms
5
Full Bathrooms
2
Half Bathrooms
0
Living Area
2,346 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2346
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers

Exterior Features

Lot Size
10,254 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
2 Parking Spaces
Off Street Parking
4 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
Julie Costa
Listing office
Keller Williams Realty Evolution
MLS PIN #
73069483
Disclosure
Seller has not resided in property in 25+ years. Property has been rented to family for 10+ years. Garage needs repair/replacement.