Off Market

3 S Shore Rd, Salem, MA

Salem · MA 03079

$2,400,000
Price
14
Beds
9
Baths
7674
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1880
Units: 9 Units
Lot size: 1.8 Acres Lot
Price per square foot: $313 / Sq.Ft
Parking: 20 Off Street Spaces

About this home

Excellent location just a few minutes from I93 exit 2 on a large almost two acre lot in a low density single family neighborhood. This 9 unit building oncity sewer has a large welcoming back yard, extra land and ample paved parking. Most apartments have been freshly renovated with new kitchens with granite tops andsleek stainless steel appliances, new baths, new or gleaming refinished hardwood flooring, LED lighting, new decks, sliding doors and windows. Each apartment hasseparate heat and electric and produces an 8% capitalization rate. There is a large large U-shape drive and parking area with a total of three curb cuts on 396 feet ofroad frontage. Principals of selling entity are licensed real state agents.

Neighborhood & Transit

3 S Shore Rd, Salem · MA 03079

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:
700 days
Listing Price:
$2,400,000
Price per Sq.Ft:
$313
Tax Assessment:
$785,400 in 2024
Taxes:
$1,102 / Monthly

Home Facts

Interior Features

Bedrooms
14
Full Bathrooms
9
Half Bathrooms
0
Living Area
7,674 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
7674
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
78,408 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
20 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
Steven Cotran
Listing office
RE/MAX Area Real Estate Network
MLS PIN #
73316813