$314,900
- 3 bd
- 1 ba
- 1,272 sqft
24 Essex St # 1
Salem, MA 01970
Well maintained 2 Family located near Salem State, Salem Harbor and Forest River Park. This 12 room 6 bedroom property boasts beautiful original details in both units including hardwood floors, built in china cabinets and decorative molding. Each unit has a living room, dining room, 1 bath and 3 bedrooms. This solid property has many updates; In 2020- new roof, gutters, soffits, front and rear porches were rebuilt using composite decking and 2 new water heaters. 2018- 2 new boilers. All utilities are separate and there are leases in place until May 31,2021. Parking for 5 and washers / dryers are nice amenities for the tenants! The current rents are well below market value. The projected annual income for the property is $50,400 (Unit 1 $2000 and unit 2 $2200 a month) which makes this a solid investment! Showings start Friday 2/5 10:00-12:00 and Sunday 2/8 11:30-1:00 by appointment only!
Showings are BY APPOINTMENT! Well maintained 2 Family located near Salem State and Forest River Park. This 12 room 6 bedroom property boasts beautiful original details in both units including hardwood floors, built in china cabinets and decorative molding. Each unit has a living room, dining room, 1 bath and 3 bedrooms.This solid property has many updates; In 2020- new roof, gutters, soffits, front and rear porches were rebuilt using composite decking and 2 new water heaters. 2018- 2 new boilers