Salem, MA 01970,2-4 Howard St
Salem, MA 01970,2-4 Howard St
Salem, MA 01970,2-4 Howard St
Salem, MA 01970,2-4 Howard St
Salem, MA 01970,2-4 Howard St
Salem, MA 01970,2-4 Howard St
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$2,360,000

$2,600,000

9.2%
Est.Price: ?

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Est. payment /mo

11 Beds

11 Baths

4,368 SqFt


SOLD DATE : 08/20/2024

Key Details

Sold Price $2,360,000

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Side by Side

Listing Status Sold

Purchase Type For Sale

Square Footage 4,368 sqft

Price per Sqft $540

MLS Listing ID 73203858

Sold Date 08/20/24

Bedrooms 11

Full Baths 11

Year Built 1800

Annual Tax Amount $12,438

Tax Year 24

Lot Size 2,613 Sqft

Acres 0.06

Property Description

The Property contains eleven (11) residential units comprised of two (2), 1-Bedroom/1-Bathroom units, six (6) Studio units, and three (3), 2-Room Studio units. The Property has recently undergone extensive renovations to 10 of the 11 units. The renovated units feature hardwood flooring, granite countertops, white shaker cabinets, and stainless-steel appliances in the kitchens. The bathrooms feature tile flooring and walk-in showers. The property also features new coin-operated laundry machines for the tenants to use. The Landlord is responsible for electricity, heat, hot water, and domestic water and sewer. The Property has a central oil-fired furnace that provides heat and hot water for the units. The opportunity exists to increase rents to market rates in a desirable high demand and supply constrained residential market significantly increasing the income generating potential of the asset.

Location

State MA

County Essex

Zoning R2

Direction Please use GPS

Interior

Appliance Washer, Dryer

Exterior

Community Features Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, House of Worship, Marina, Private School, Public School, T-Station, University

Waterfront false

Waterfront Description Beach Front,3/10 to 1/2 Mile To Beach

Roof Type Shingle,Rubber

Total Parking Spaces 1

Garage No

Building

Lot Description Level

Story 3

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Horvath & Tremblay
Bought with Jordan Ryan • Keller Williams Realty Evolution
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8 Elm St, Newton, Hampshire, 03858, United States

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