547 Silver Street is a six unit property comprised of one large building (5,898 sq feet of living space) with off-street parking. There is a mix of three 2-BR apartments and three 3-BR apartments. Separate natural gas utilities (forced hot water heat) service the units, with four of the six boilers being replaced in 2018 with efficient wall-mounted units. Electricity and hot water are also separate and have been updated as needed. Throughout the units, there have been several upgrades, including: One completely renovated unit (including new kitchen, appliances, flooring, etc), two additional apartment turns (including new flooring and paint), and one new hot water tank. With a stable, long-term tenant base, this would be a great addition to anyone's portfolio. COC is valid through March 2022. Assisted showings by appointment only, minimum 48 hour notice required as building is fully occupied.
Listing courtesy of PRIME_MLS / Matthew Lefebvre / Elm Grove Realty, Keller Williams Gateway Realty/Salem
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Last updated Aug 27, 2023
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Sale history
Date
Event
Source
Price
% Change
5/12/21
May 12, 2021
Sold
PRIME_MLS
$645,000
2/26/21
Feb 26, 2021
Sold Subject To Contingencies
PRIME_MLS
$645,000
2/18/21
Feb 18, 2021
Listed / Active
PRIME_MLS
$645,000
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Multifamily
Sold
on 5/12/2021
$645,000
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Listing provided by broker:
Matthew Lefebvre
Elm Grove Realty, Keller Williams Gateway Realty/Salem
Listing Agents and Buyer’s Agents represent the two sides of a real estate transaction. As a Seller of a home, your Listing Agent represents your interests and will advise, consult and follow your instructions to sell your property at the best possible price and terms.
If you’re a Buyer, a Buyer’s Agent advises you throughout the transaction, helping you get the best deal and advocating for you. The Buyer’s Agent commission is also paid by the Seller, so the Buyer never sees a bill for their service.
Many first time Buyers believe they can work without a Buyer’s Agent and instead use the same agent as the Seller. When both Buyer and Seller use the same agent, known as “dual agency”, it can sometimes save on fees, but it also puts the agent in a conflict of interest, not fully representing either party.
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Listing Courtesy of: PRIME_MLS
and Elm Grove Realty, Keller Williams Gateway Realty/Salem.
Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Last updated Aug 27, 2023
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