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51 Forrester St, Salem, MA

Salem · MA 01970

$775,000
Price
6
Beds
2
Baths
3492
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1890
Units: 2 Units
Lot size: 2,413 Sq.Ft Lot
Price per square foot: $205 / Sq.Ft
Parking: 2 Off Street Spaces

About this home

Investors and/or Owner occupants take notice - situated in the heart of Historic Salem's Common Neighborhood and a stones throw from the beach is this beautiful two-family home. Both units feature a spacious master bedroom and 2 guest-bedrooms accompanied by high ceilings, large windows, hardwood and pine floors throughout. Updated kitchens and bathrooms in both units make this property turn-key. There is also potential for expansion on the unfinished 3rd floor. Unit-1 includes in-unit laundry and Unit-2's laundry is situated in the basement. Tandem off-street parking. Additional updates include a new roof, furnaces replaced with natural gas, new electrical, and new windows. Unit-1 is owner-occupied and could easily rent for $2,300 and Unit-2 is currently leased until 9/1, at which time the tenants will become month to month. Unit 2 currently rents for $2,300 a month.

Neighborhood & Transit

51 Forrester 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:
1651 days
Listing Price:
$715,000
Price per Sq.Ft:
$205
Tax Assessment:
$479,900 in 2021
Taxes:
$552 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
2
Half Bathrooms
0
Living Area
3,492 Sq.Ft
Broker Disclosure about Living Area
Includes unfinished 3rd floor space, 1st and 2nd floor are estimated at 2,200 Sq. Ft.
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, 100 Amps, Other (See Remarks), Individually Metered

Exterior Features

Lot Size
2,413 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
Unknown
Roof
Unknown

Green Features

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

Listing information

Listing agent
Dalton Spingler
Listing office
Naples Realty Group
MLS PIN #
72867813
Disclosure
Includes unfinished 3rd floor space, 1st and 2nd floor are estimated at 2,200 Sq. Ft.