Sold
73 Essex St, Salem, MA
Salem · MA 01970
- $1,200,000
- Price
- 8
- Beds
- 2.5
- Baths
- 3359
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1850
Units:
2 Units
Lot size:
0.26 Acre Lot
Price per square foot:
$387 / Sq.Ft
Parking:
3 Off Street Spaces
About this home
Discover a fantastic investment opportunity with this beautiful two-family home conveniently located near Salem?s vibrant shops, restaurants, and cultural attractions. Enjoy easy access to public transportation and major roadways, making this property a highly desirable location for tenants and homeowners alike. The first-floor unit boasts high ceilings, a recently renovated kitchen and bath, radiant floor heating, and modern appliances. The second floor offers two comfortable bedrooms and a newer kitchen. The partially finished third floor adds versatility with its four additional rooms. Set on a generous quarter acre lot with potential for significant expansion, this property combines contemporary upgrades with future growth possibilities. Enjoy the benefits of passive income with the potential for strong rental yields from the well-maintained units. Current owners have been using the second floor unit as a Airbnb grossing 50k/year.
Neighborhood & Transit
73 Essex St, Salem · MA 01970
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Salem Commuter Rail 1 route 0.45 mi
- Newburyport/Rockport Line
Price Insight
- Days on Market:
- 821 days
- Listing Price:
- $1,300,000
- Price per Sq.Ft:
- $387
- Tax Assessment:
- $782,200 in 2024
- Taxes:
- $757 / Monthly
Home Facts
Interior Features
- Bedrooms
- 8
- Full Bathrooms
- 2
- Half Bathrooms
- 1
- Living Area
- 3,359 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 3359
- 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
- 11,299 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
- Wood, Vinyl
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Francesca Little
- Listing office
- Little & Co., REALTORS®
- MLS PIN #
- 73273671
- Disclosure
- Sellers & sellers agent make no warranties/representations. Buyer & buyers agent to do all due diligence. All information in listing is for informational purposes only and is believed to be accurate, but not guaranteed & is subject to error & omissions.