Sold
5 Herbert St, Salem, MA
Salem · MA 01970
- $635,000
- Price
- 2
- Beds
- 2
- Baths
- 1786
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1864
Units:
2 Units
Lot size:
1,851 Sq.Ft Lot
Price per square foot:
$350 / Sq.Ft
Parking:
2 Off Street Spaces
About this home
EASY TO OWN - Well-Maintained 2-Unit Apartment Building in a Prime Location. An investment opportunity in an area tenants love. This well-kept 2-unit property features two one-bedroom apartments and additional finished attic space. Just moments from the train, Derby Wharf, Salem Common, Peabody-Essex Museum, and downtown shops and restaurants, making it highly desirable for renters. Property Features: Coin-op laundry in the basement, individual FHW gas heating units (installed within the last 5 years), tandem parking for 2 cars, plus on-street permit parking, newer carpets, and replacement of some windows, skylights, and a Juliet balcony on the third floor. FOR THE SMART BUYER looking to invest in a property with strong rental appeal and long-term potential. Showings by appointment only, beginning on Saturday 1pm-3pm. Please allow 48 hours for responses to Offers. Seller reserves the right to accept an Offer at any time.
Neighborhood & Transit
5 Herbert St, Salem · MA 01970
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Salem Commuter Rail 1 route 0.39 mi
- Newburyport/Rockport Line
Price Insight
- Days on Market:
- 194 days
- Listing Price:
- $625,000
- Price per Sq.Ft:
- $350
- Tax Assessment:
- $741,300 in 2025
- Taxes:
- $701 / Monthly
Home Facts
Interior Features
- Bedrooms
- 2
- Full Bathrooms
- 2
- Half Bathrooms
- 0
- Living Area
- 1,786 Sq.Ft
- Broker Disclosure about Living Area
- LA doesn't include finished attic-approx. 804 sf. Attic space. Can't be used as a legal apartment.
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 1786
- 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, Individually Metered
Exterior Features
- Lot Size
- 1,851 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 2 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Shingles, Wood
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Tina McManus
- Listing office
- J. Barrett & Company
- MLS PIN #
- 73506256
- Disclosure
- 3rd floor attic space can not be used as a legal apartment. Coin-op washer/dryer in basement. Seller pays hot water for laundry.
- Disclosure
- LA doesn't include finished attic-approx. 804 sf. Attic space. Can't be used as a legal apartment.