Multifamily

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65 Boston
Salem, MA 01970

  • 14 beds
  • 10 baths
  • 5,439 sqft
  • 8,499 sqft lot
  • $274 per sqft
  • 1850 build
  • on site

Unique investment opportunity in a developing part of Salem. Property was converted to condos in 2008 and only one was sold. Seller is offering the 7 remaining condos. Most of the units have been updated with granite countertops, stainless steel appliances, decorative fireplaces and hardwood floors. Some units have laundry hookups. All units have separate electric and gas range. Owner pays for heat and hot water. Property also comes with 10 off street parking spaces with an option to add more. All TAW. Due to COVID-19 we will only be showing the vacant units by appointment with masks required. All other units will be shown within 48 hours of an accepted offer. Please see attached PDF for detailed income and expenses.

Listing courtesy of MLSPIN / Francesca Little / Little & Co., REALTORS®

Last checked: Checking… • Last updated Sep 2, 2021 •

MLS# 72749539 —

Amenities & Taxes

The Building

Year Built:
1850
Year Built Source:
Public Record
Year Built Description:
Approximate
Roof:
Asphalt/Fiberglass Shingles, Slate Roof, Tar & Gravel Roof, Rubber
Exterior:
Brick
Exterior Features:
Covered Patio/Deck
Yes
Basement:
Foundation:
Fieldstone
Levels:
4
Number of Units:
7
Square Feet:
5439
Square Feet Source:
Owner

Interior

Total Levels:
5
Total Rooms:
18
Total Floors:
11
Number of Rooms:
18
Total Fireplaces:
10
Total Rooms:
24
Fireplaces:
10
Lead Paint:
Unknown

Financial & Terms

Price Per SqFt:
$274.87
Price Per SqFt:
$274.87
Assessed Value:
$804,000
Status:
Under Agreement

Location

Directions:
Bridge st to Boston st
Longitude:
-70.909971
Latitude:
42.519137

The Property

Property Type:
Multi-family
Lot Description:
Paved Drive
Approximate Acres:
0.20
Approximate Lot Size:
8,499 Sqft
Beachfront Flag:
No
Zoning:
R2

Listing Agent

Contact info:

Taxes

Tax ID:
4840376
Tax Year:
2019
Taxes:
$12,140

Beds

Total Bedrooms:
14

Baths

Total Bathrooms:
14
Full Bathrooms:
10
Full Baths:
10

The Listing

Short Sale Approved:
No
Buyer's Brokerage Compensation:
2%%

Utilities

Water:
City/Town Water
Water Heater:
Oil
Sewer:
City/Town Sewer

The Community

Amenities:
Public Transportation, T-Station

Parking

Parking Feature:
Off-Street
Parking Spaces:
10

Extra Units

Unit 1 Rooms:
Living Room, Kitchen
Unit 1 Rooms:
3
Unit 1 Bedrooms:
1
Unit 1 Full Baths:
1
Unit 1 Appliances:
Range, Refrigerator
Unit 2 Rooms:
Living Room, Kitchen
Unit 2 Rooms:
4
Unit 2 Bedrooms:
2
Unit 2 Full Baths:
1
Unit 2 Appliances:
Range, Dishwasher, Refrigerator
Unit 3 Rooms:
4
Unit 3 Rooms:
Living Room, Kitchen
Unit 3 Bedrooms:
2
Unit 3 Full Baths:
1
Unit 3 Appliances:
Range, Dishwasher, Refrigerator
Unit 4 Rooms:
Living Room, Kitchen
Unit 4 Rooms:
4
Unit 4 Bedrooms:
2
Unit 4 Full Baths:
1
Unit 4 Appliances:
Range, Dishwasher, Refrigerator

Schools

Rating Details

Collins Middle School

  • Public
  • 6-8
  • 0.4 mi

Witchcraft Heights Elementary School

  • Public
  • K-5
  • 0.6 mi

Nathaniel Bowditch School

  • Public
  • K-8
  • 0.8 mi

Salem High School

  • Public
  • 9-12
  • 0.9 mi

Saltonstall School

  • Public
  • K-8
  • 1.0 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

Flood Risk

This property has minimal flood risk

This property has a . Although flood risks across the country are changing because of the environment, this property is unlikely to flood over the next 30 years.

Provided by Flood Factor®

Flood Insurance

Recommended: MassiveCert estimates that this property is in FEMA Zone X, which means that flood insurance is recommended, but not required.

Get an instant insurance quote

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WalkScore®

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Sale history

Date Event Source Price % Change
6/15/21
Pending MLSPIN $1,495,000
12/17/20
Sold Subject To Contingencies MLSPIN $1,495,000
11/30/20
Price Changed MLSPIN $1,495,000 -3.5%

Finding records…

No additional history available

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