10 Howard Street
Salem, MA 01970
- 15 beds
- 7 baths
- 5,110 sqft
- 1,668 sqft lot
- $332 per sqft
- 1900 build
- – on site
Fantastic investment opportunity! This licensed lodging house offers 15 units with a total of 24 rooms, boasting 4 private baths and 3 common baths. Conveniently situated near the commuter train station and downtown Salem, tenants enjoy easy access to transportation and amenities. With 2 parking spaces, convenience meets practicality. Recently painted and featuring updated cabinetry, this property is turnkey and ready for new ownership. Possibly convert to regular apartments (many rooms have connecting doorways) or condos (city approval may be required). New furnace was put in 2019. Roof reshingled late spring 2021. Floors just completely refinished. 90% of windows are new. Don't miss out on this lucrative venture! Floor plans available.
Listing courtesy of MLSPIN / The Green Team / Armstrong Field Real Estate
Last checked:
Checking…
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Last updated Jun 3, 2024
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MLS# 73240469 —
The Building
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Year Built:1900
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Year Built Details:Approximate
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Year Built Source:Public Records
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Construction Materials:Frame
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Basement:Full
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Foundation Details:Other
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Window Features:Insulated Windows
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Stories Total:11
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# of Units Total:15
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Building Area Total:5110
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Building Area Units:Square Feet
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Building Area Source:Owner
Interior
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Rooms Total:24
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Interior Features:Kitchen
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Flooring:Wood
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Fireplace:false
Room Dimensions
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Living Area:5110
Location
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Directions:Brown Street to Howard Street.
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Latitude:42.523816
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Longitude:-70.891723
The Property
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Parcel Number:M:35 L:0151,2136304
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Property Type:Residential Income
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Property Subtype:5+ Family - Rooming House
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Lot Size Units:Acres
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Lot Size Area:0.04
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Lot Size SqFt:1668
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Lot Size Acres:0.04
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Zoning:R2
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Waterfront:false
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Waterfront Features:Beach Front
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Farm Land Area Units:Square Feet
Listing Agent
- Contact info:
- Office phone:
- (978) 740-8700
Taxes
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Tax Year:2024
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Tax Book Number:30697
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Tax Annual Amount:11088
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Tax Assessed Value:954200
Beds
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Bedrooms Total:15
Baths
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Total Baths:7
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Total Baths:7
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Full Baths:7
The Listing
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Home Warranty:false
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Buyer's Brokerage Compensation:2.0
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Compensation Based on:Net Sale Price
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Sub Agency Relationship Offered:No
Heating & Cooling
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Heating:Natural Gas
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Heating:true
Utilities
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Electric:Circuit Breakers
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Sewer:Public Sewer
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Water Source:Public
The Community
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Senior Community:false
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Community Features:Public Transportation
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Spa:false
Parking
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Garage:false
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Parking Total:1
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Parking Features:Paved Drive
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Open Parking:true
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/20/24
May 20, 2024
|
Listed / Active | MLSPIN | $1,699,000 | 239.8% (19.0% / YR) |
9/30/11
Sep 30, 2011
|
MLSPIN | $500,000 |