Sold
4 Chase, Salem, MA
Salem · MA 01970
- $1,000,000
- Price
- 7
- Beds
- 3
- Baths
- 3420
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1915
Units:
3 Units
Lot size:
7,279 Sq.Ft Lot
Price per square foot:
$278 / Sq.Ft
Parking:
8 Off Street Spaces
About this home
Prime Investment Opportunity in Salem! This meticulously maintained 3-family property has been cared for by the same family for generations. Featuring two (2) 2-Bedroom, 1-Bathroom units and one (1) 3-Bedroom, 1-Bathroom unit, this property offers lucrative investment potential. Eight off street parking spots creates the option for added monthly income. All tenants are responsible for their own heat/hw and electric and rents are well below market value. This property can be sold as a package with 2 Chase st and 199-201 Lafayette st to create a 12 unit portfolio with a total of 12 off street parking spots. See attached for income/expenses and rent projections.
Neighborhood & Transit
4 Chase, Salem · MA 01970
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Salem Commuter Rail 1 route 0.09 mi
- Newburyport/Rockport Line
Price Insight
- Days on Market:
- 967 days
- Listing Price:
- $950,000
- Price per Sq.Ft:
- $278
- Tax Assessment:
- $664,500 in 2023
- Taxes:
- $633 / Monthly
Home Facts
Interior Features
- Bedrooms
- 7
- Full Bathrooms
- 3
- Half Bathrooms
- 0
- Living Area
- 3,420 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 3420
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- 100 Amps
Exterior Features
- Lot Size
- 7,279 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 8 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 #
- 73210747
- Disclosure
- Buyer to do their own due diligence to verify income and expenses