Sold
81 Summer St, Salem, MA
Salem · MA 01970
- $880,000
- Price
- 7
- Beds
- 3
- Baths
- 2690
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1914
Units:
2 Units
Lot size:
4,974 Sq.Ft Lot
Price per square foot:
$327 / Sq.Ft
Parking:
No Parking
About this home
Opportunity awaits! Whether you're an investor looking to grow your portfolio, or you're looking to purchase your first multi to live in one of the units while generating rental income, this is the best of both worlds. Unit 1 was just completely renovated. Hardwood floors, quartz countertops, shaker cabinets, stainless appliances. Live in unit 1, and collect rent from unit 2. Or rent unit 1 to generate 7K cash flow per month. Located on the corner of Summer and Prescott street within a quarter mile of The Salem Post Office, Steve's Market, The Derby and much more. Enjoy all that downtown Salem has to offer - Don't miss out! Basement has been completely renovated. New electrical in the last 18 months. Brand new Washer/Dryer coin ops. Brand new exterior decks.
Neighborhood & Transit
81 Summer 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:
- 1001 days
- Listing Price:
- $879,000
- Price per Sq.Ft:
- $327
- Tax Assessment:
- $680,000 in 2023
- Taxes:
- $675 / Monthly
Home Facts
Interior Features
- Bedrooms
- 7
- Full Bathrooms
- 3
- Half Bathrooms
- 0
- Living Area
- 2,690 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 2690
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- 200 Amps
Exterior Features
- Lot Size
- 4,974 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
Construction Details
- Construction Type
- Unknown
- Siding
- Shingles
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Herrick Lutts Realty Partners
- Listing office
- Herrick Lutts Realty Partners
- MLS PIN #
- 73200448
- Disclosure
- Property is a legal 2 Family being used as a 3 Family (as it has been since it was built). Buyer and buyer's agent responsible for any due diligence. Units 2 & 3 are on the same system. Owner currently pays unit 2 & 3 Utilities. Realtor is a member of the ownership LLC.