Sold
99 North St, Salem, MA
Salem · MA 01970
- $1,100,000
- Price
- 8
- Beds
- 3
- Baths
- 5866
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1890
Units:
4 Units
Lot size:
4,386 Sq.Ft Lot
Price per square foot:
$170 / Sq.Ft
Parking:
6 Off Street Spaces
About this home
Here's your chance to invest in a prime piece of real estate poised to generate substantial income and build wealth over time. This highly visible commercial building is situated on a coveted corner lot, just half a mile from the communal rail, offering both convenience and high foot traffic. This mixed-use building features two four-bedroom residential units and two retail spaces, with a projected monthly gross income of $14,040 and a net of $90,322 annually. Located minutes from historical sites, top restaurants, shops, and Salem Harbor, this property is in the heart of a thriving community. Enjoy high foot traffic and excellent exposure, making it ideal for both residential and commercial tenants. Invest in this gem and secure a steady income stream in a vibrant, growing market. Residential rentals well below housing guidelines
Neighborhood & Transit
99 North St, Salem · MA 01970
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Salem Commuter Rail 1 route 0.26 mi
- Newburyport/Rockport Line
Price Insight
- Days on Market:
- 837 days
- Listing Price:
- $999,000
- Price per Sq.Ft:
- $170
- Tax Assessment:
- $843,600 in 2024
- Taxes:
- $817 / Monthly
Home Facts
Interior Features
- Bedrooms
- 8
- Full Bathrooms
- 2
- Half Bathrooms
- 2
- Living Area
- 5,866 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 5866
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Circuit Breakers
Exterior Features
- Lot Size
- 4,386 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
- Debra Lovelace
- Listing office
- Churchill Properties
- MLS PIN #
- 73267089