4 Chase Salem, MA 01970
Prime Investment Opportunity in Salem! This meticulously maintained 3-family property has been cared for by the same family for generations. Featuring two (2) 2-Bedroom, 1-Bathroom units and one (1) 3-Bedroom, 1-Bathroom unit, this property offers lucrative investment potential. Eight off street parking spots creates the option for added monthly income. All tenants are responsible for their own heat/hw and electric and rents are well below market value. This property can be sold as a package with 2 Chase st and 199-201 Lafayette st to create a 12 unit portfolio with a total of 12 off street parking spots. See attached for income/expenses and rent projections.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyEssex
- Taxes$7,600
- HOA/Condo/Coop Fees$0
- Days on Site58 Days
- MLS StatusPending
- MLS ID Number73210747
- Home Size Source Public Records
- Year Built1915
- Lot Size0.17 Acres
- Full Baths3
- Partial BathsN/A
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General Features
- Construction Frame
- Parking Off Street
- Parking Spaces 8
- Sewer Public Sewer
- Electric 100 Amp Service
- Number of Stories 6
- Acreage 0.17
- Water Public
- Property Sub Type Multi Family
- Garage Spaces 0
- Foundation Concrete Perimeter
- Zoning R3
- Buyer Agent Compensation 2
- Facilitator Compensation 2
- Compensation Based On Net Sale Price
- Sub-Agency Relationship Offered No
- Garage 0
- Parking Features Off Street
- Electricity 100 Amp Service
Interior Features
- Heating Forced AirNatural Gas
- Fireplaces 0
- Fireplace No
Exterior Features
- Roof Shingle
- Spa No
- Waterfront Property No
- Lot Other
- Lot Features Other
Community Features
- Community Features Public Transportation
- Senior Community No
- Adult Care Community No