BEDS2
BATHS2 full
SQUARE FEET1,786
MLS#73506256
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
EASY TO OWN - Well-Maintained 2-Unit Apartment Building in a Prime Location. An investment opportunity in an area tenants love. This well-kept 2-unit property features two one-bedroom apartments and additional finished attic space. Just moments from the train, Derby Wharf, Salem Common, Peabody-Essex Museum, and downtown shops and restaurants, making it highly desirable for renters. Property Features: Coin-op laundry in the basement, individual FHW gas heating units (installed within the last 5 years), tandem parking for 2 cars, plus on-street permit parking, newer carpets, and replacement of some windows, skylights, and a Juliet balcony on the third floor. FOR THE SMART BUYER looking to invest in a property with strong rental appeal and long-term potential. Showings by appointment only, beginning on Saturday 1pm-3pm. Please allow 48 hours for responses to Offers. Seller reserves the right to accept an Offer at any time.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Interior Entry, Concrete, Unfinished
Cooling: None
Heating: None, Baseboard, Natural Gas, Individual, Unit Control
Lot Size: 0.04 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $8,406
Year Built: 1864
Amenities
Laundry Room
Bathroom With Tub & Shower
Living Room
Kitchen
Feature Descriptions
Appliances: Washer, Dryer, Range, Refrigerator
Building Area Total: 1786
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Marina, Public School, T-Station, University
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 1
Dwelling Type: Multi Family
Electric: Circuit Breakers, Individually Metered
Exclusions: Any Personal Property Belonging To Tenants.
Flooring: Vinyl, Carpet, Laminate
Lot Features: Level
Open Parking Y/N: Yes
Parcel Number: M:35 L:0317,2136721
Parking Features: Off Street, Tandem, On Street
Parking Total: 2
Rent Includes: Unit 1(Electric, Water), Unit 2(Water)
Road Responsibility: Public Maintained Road
Rooms Total: 6
Sewer: Public Sewer
Units: 2
Water: Public
Listed By / Shown By
Listed By
Agency Name: J. Barrett & Company
Agency Phone: 978-922-3683
Agent Name: Tina McManus
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 2,273.77 per month $1,390.98 Principal & Interest $700.50 Property Tax $182.29 Homeowner's Insurance
5 Herbert St | MLS# 73506256
This multi-family property located at 5 Herbert St, Salem, MA 01970 is currently listed for sale with an asking price of $625,000. Search Salem real estate on www.masiellogrouprealestate.com today.