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7 Hancock, Salem, MA

Salem · MA 01970

$1,100,039
Price
10
Beds
4
Baths
5433
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1917
Units: 4 Units
Lot size: 6,120 Sq.Ft Lot
Price per square foot: $180 / Sq.Ft
Parking: 3 Off Street Spaces

About this home

7 Hancock Street is a 4-unit multifamily located in Salem, Massachusetts. 7 Hancock Street provides investors with a value-add opportunity in a rapidly appreciating submarket. Salem, one of the North Shores most vibrant towns, is known for its museums and attractions dedicated to the city's rich history which draws hundreds of thousands of tourists annually. 7 Hancock Street is conveniently situated between Salem State University and down-town Salem, providing a healthy renter population of both students and professionals. The neighborhood commuters enjoy the benefit of being in close proximity to Rte 1, I-95, and Salem's MBTA Station, which provides residents quick and easy access to down-town Boston.

Neighborhood & Transit

7 Hancock, 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:
$980,000
Price per Sq.Ft:
$180
Tax Assessment:
$615,200 in 2021
Taxes:
$707 / Monthly

Home Facts

Interior Features

Bedrooms
10
Full Bathrooms
4
Half Bathrooms
0
Living Area
5,433 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
Unknown

Exterior Features

Lot Size
6,120 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
3 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
Ryan McDonald
Listing office
Boston Realty Advisors
MLS PIN #
72877610