Sold

48 Endicott St, Salem, MA

Salem · MA 01970

$1,570,000
Price
12
Beds
6
Baths
6309
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1915
Units: 6 Units
Lot size: 4,230 Sq.Ft Lot
Price per square foot: $222 / Sq.Ft
Parking: No Parking

About this home

Excellent Investment Opportunity--This huge, stately-looking, six-unit building located on the fringe of the McIntire District offers many options to an investor looking to build equity in a property close to Salem's vibrant downtown. Whether one prefers to hold the property and collect rents or consider the potential for future condominium conversion, the opportunities are limitless. These are 2 adjoined buildings with separate entrances and basements, spacious units and separate systems. Property is in need of substantial renovation. Limited information available as this is part of an estate, therefore, some details are approximate. Fully tenanted building with below market rents.Property being sold in as is condition with tenants to remain with sale. Buyer to perform own due diligence. First showing will include access to one-unit and basement only. Proof of funds/pre-approval required prior to showing. Offers due Friday, April 29, 5:00 p.m. Please allow 3 days response time.

Neighborhood & Transit

48 Endicott 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:
$1,400,000
Price per Sq.Ft:
$222
Tax Assessment:
$987,000 in 2022
Taxes:
$1,090 / Monthly

Home Facts

Interior Features

Bedrooms
12
Full Bathrooms
6
Half Bathrooms
0
Living Area
6,309 Sq.Ft
Broker Disclosure about Living Area
Descriptions approximate; unit #6 (3L) rent is $1549,
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
Unknown

Exterior Features

Lot Size
4,230 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Brick
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Judith Zissulis
Listing office
Keller Williams Realty Evolution
MLS PIN #
72970727
Disclosure
All information is approximate. Buyer to perform own due diligence.
Disclosure
Descriptions approximate; unit #6 (3L) rent is $1549,