Sold

9-11 Geneva St, Salem, MA

Salem · MA 01970

$670,000
Price
6
Beds
2
Baths
2606
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1917
Units: 2 Units
Lot size: 3,999 Sq.Ft Lot
Price per square foot: $238 / Sq.Ft
Parking: 5 Off Street Spaces

About this home

Well maintained 2 Family located near Salem State, Salem Harbor and Forest River Park. This 12 room 6 bedroom property boasts beautiful original details in both units including hardwood floors, built in china cabinets and decorative molding. Each unit has a living room, dining room, 1 bath and 3 bedrooms. This solid property has many updates; In 2020- new roof, gutters, soffits, chimney was rebuilt, front and rear porches were rebuilt using composite decking and 2 new water heaters. 2018- 2 new boilers. All utilities are separate and there are leases in place until May 31,2021. Parking for 5 and washers / dryers are nice amenities for the tenants! The current rents are well below market value. The projected annual income for the property is $50,400 (Unit 1 $2000 and unit 2 $2200 a month) which makes this a solid investment!

Neighborhood & Transit

9-11 Geneva 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:
2100 days
Listing Price:
$620,000
Price per Sq.Ft:
$238
Tax Assessment:
$406,900 in 2020
Taxes:
$490 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
2
Half Bathrooms
0
Living Area
2,606 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
100 Amps

Exterior Features

Lot Size
3,999 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
5 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
Kate Richard
Listing office
J. Barrett & Company
MLS PIN #
72781016