Sold
40-42 School St, Salem, MA
Salem · MA 01970
- $550,000
- Price
- 6
- Beds
- 2
- Baths
- 2472
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1880
Units:
2 Units
Lot size:
3,690 Sq.Ft Lot
Price per square foot:
$243 / Sq.Ft
Parking:
4 Off Street Spaces
About this home
OPEN 6/11 from 11:30 a.m. to 1:00 p.m.. VACANT two family in desirable North Salem neighborhood with great income potential. Located on a quiet neighborhood on the corner of School Street and School Street Ct., close to commuter rail and downtown Salem. Perfect to maintain as rental or Condo conversion. First floor Unit has been completely updated (except appliances, fixtures and other minor finishing touches) with kitchen tile, preserved wide plank hardwood, new cabinets and stone counters. Second floor Unit is in need of complete update. Very spacious with potential to add 400-500 sq. ft of attic to 2nd floor unit. Both Units have 3 bedrooms with potential for more. Bring your ideas or the owner is happy to provide his. Updated electric panels (3) and heating system/water tanks. Potential for 4 or more parking spaces, with patio in backyard.
Neighborhood & Transit
40-42 School 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:
- 1467 days
- Listing Price:
- $599,990
- Price per Sq.Ft:
- $243
- Tax Assessment:
- $444,600 in 2022
- Taxes:
- $491 / Monthly
Home Facts
Interior Features
- Bedrooms
- 6
- Full Bathrooms
- 2
- Half Bathrooms
- 0
- Living Area
- 2,472 Sq.Ft
- Broker Disclosure about Living Area
- Additional potential 500 sq ft in Attic can possibly be added as part of 2nd floor
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- Unknown
- 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
- 3,690 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 4 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Aluminum
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Gino Ricciardelli
- Listing office
- Foremost Realty
- MLS PIN #
- 72992674
- Disclosure
- Listing Broker is Owner
- Disclosure
- Additional potential 500 sq ft in Attic can possibly be added as part of 2nd floor