2-4 Howard St Salem, MA 01970
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyEssex
- Taxes$12,438
- HOA/Condo/Coop Fees$0
- Days on Site78 Days
- MLS StatusPending
- MLS ID Number73203858
- Home Size Source Public Records
- Year Built1800
- Lot Size0.06 Acres
- Full Baths11
- Partial BathsN/A
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General Features
- Parking Spaces 1
- Sewer Public Sewer
- Number of Stories 3
- Acreage 0.06
- Water Public
- Property Sub Type Multi Family
- Garage Spaces 0
- Foundation Brick/Mortar
- Zoning R2
- Buyer Agent Compensation 2%
- Facilitator Compensation 0
- Compensation Based On Net Sale Price
- Sub-Agency Relationship Offered No
- Garage 0
- Electricity Common
Interior Features
- Appliances WasherDryer
- Fireplaces 0
- Fireplace No
Exterior Features
- Roof ShingleRubber
- Spa No
- Waterfront Property No
- Waterfront Features Beach Front3/10 to 1/2 Mile To Beach
- Lot Level
- Lot Features Level
- Waterview Features Beach Front3/10 to 1/2 Mile To Beach
Community Features
- Community Features Public TransportationShoppingPoolParkWalk/ Jog TrailsMedical FacilityLaundromatBike PathHouse of WorshipMarinaPrivate SchoolPublic SchoolT- StationUniversityWalk/Jog TrailsT-Station
- Senior Community No
- Adult Care Community No