Sold
8 Hancock St Unit 0, Salem, MA
Salem · MA 01970
- $825,000
- Price
- 7
- Beds
- 4
- Baths
- 3634
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1915
Units:
4 Units
Lot size:
6,664 Sq.Ft Lot
Price per square foot:
$234 / Sq.Ft
Parking:
6 Off Street Spaces
About this home
Investors Dream or Live for Free in beautiful 4 family in nice area of Salem, close to everything yet quiet and private. $72,000.00 + gross annual income. Low overhead, Low expenses & never a problem renting. Great positive cash flow. Each unit has separate utilities (all in excellent condition) with ample off- street parking. Cook out or just hang out in enclosed spacious back yard. Plenty of basement storage area for tenants as well as coin operated washer and dryer to be included. As an added bonus, the house was approved by the City years ago to be converted into Condos but the owners maintained it as a 4 family. All plans available if new owner wants to pursue this option. This is an excellent opportunity for the smart buyer in a vibrant community.
Neighborhood & Transit
8 Hancock 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:
- 2596 days
- Listing Price:
- $849,900
- Price per Sq.Ft:
- $234
- Tax Assessment:
- $404,900 in 2018
- Taxes:
- $483 / Monthly
Home Facts
Interior Features
- Bedrooms
- 7
- Full Bathrooms
- 4
- Half Bathrooms
- 0
- Living Area
- 3,634 Sq.Ft
- Broker Disclosure about Living Area
- 0
- 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
- 6,664 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 6 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
- Tim Phelan
- Listing office
- JTP Realty
- MLS PIN #
- 72385841