BEDS34
BATHS12 full
SQUARE FEET13,472
MLS#73528048
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
5 Ropes Street and 8-10 Porter Street Court are two adjacent 3-story, 6-unit buildings with a total square footage of 19,720± and a rentable square footage of 13,472±. This offering includes twenty (20+) surface parking spots and 6-bay garages currently generating substantial income. Both buildings offer investors separately metered utilities, on-site coin-operated laundry facilities, and storage units per apartment for additional income. Investors will hedge any risk with multiple revenue streams within one investment opportunity. The offering is within walking distance of public transportation, restaurants, and many local amenities.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Interior Entry
Basement: Yes
Garage: 6
Lot Size: 0.40 Acres
Roof Type: Shingle, Rubber
Stories: 3.0
Taxes: $35,875
Year Built: 1915
Feature Descriptions
Building Area Total: 13472
Community Features: Public Transportation, Shopping, Park, Medical Facility
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
Door Features: Insulated Doors
Dwelling Type: 5+ Family - 5+ Units Up/Down
Electric: Circuit Breakers,200+ Amp Service
Exterior: Brick, Stone
Flooring: Tile, Vinyl, Hardwood
GarageY/N: Yes
Lot Features: Level
Parking Features: Off Street, Assigned
Parking Total: 27
Rooms Total: 60
Sewer: Public Sewer
Units: 12
Utilities: for Gas Range, for Electric Range, Varies per Unit
Water: Public
Window Features: Insulated Windows
Listed By / Shown By
Listed By
Agency Name: North Shore Realty Advisors
Agent Name: Dan Pouladian
Agency Phone: 617-548-7737
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 13,561.96 per month $9,347.38 Principal & Interest $2,989.58 Property Tax $1,225.00 Homeowner's Insurance
8-10 & 5 Porter St Ct & Ropes Portfolio | MLS# 73528048
This multi-family property located at 8-10 & 5 Porter St Ct & Ropes Portfolio, Salem, MA 01970 is currently listed for sale with an asking price of $4,200,000. Search Salem real estate on www.masiellogrouprealestate.com today.