BEDS5
BATHS3 full 1 partial
SQUARE FEET2,432
MLS#73598820
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Opportunity to own two- detached single-family homes on one lot. Located at 86-88 Summer Street, this unique property offers potential for renovation, investment, or future resale. Each home features its own private entrance and independent living space with no shared walls.86 Summer Street consists of approximately 830 square feet with 2 bedrooms and 1 full bathroom.******** 88 Summer Street offers approximately 1,602 square feet with 3 bedrooms and 2.5 bathrooms. ******* The property also features 6 off-street parking spaces, an exceptional amenity in downtown Salem. Both homes are in need of improvements and present an excellent opportunity for investors or contractors looking to unlock their full potential. Whether renovating for rental income, resale, or owner occupancy with supplemental rental income, the possibilities are compelling. Conveniently located just moments from Salem's vibrant downtown, restaurants, shops, waterfront, and commuter rail service to Boston. Additional parking is at back on Downing Street.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Fenced: Yes
Lot Size: 0.23 Acres
Roof Type: Shingle
Stories: 4.0
Taxes: $9,242
Year Built: 1870
Amenities
Ceiling Fan(s)
Bathroom with Shower Stall
Kitchen
Living RM/Dining RM Combo
Living Room
Dining Room
Feature Descriptions
Appliances: Range, Refrigerator
Building Area Total: 2432
Community Features: Public Transportation, Shopping, Medical Facility, 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: 10
Dwelling Type: Multi Family
Exterior: Frame
Fencing: Fenced
Flooring: Wood, Vinyl, Other
Open Parking Y/N: Yes
Parcel Number: M:0025 B:0494 L:0000,4078891
Parking Features: Shared Driveway, Off Street
Parking Total: 6
Patio And Porch: Deck
Rooms Total: 10
Sewer: Public Sewer
Units: 2
Water: Public
Listed By / Shown By
Listed By
Agency Name: Herrick Lutts Realty Partners
Agent Name: Herrick Lutts Realty Partners
Agency Phone: 978-927-1959
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 2,469.30 per month $1,502.26 Principal & Interest $770.17 Property Tax $196.88 Homeowner's Insurance
86-88 Summer St | MLS# 73598820
This multi-family property located at 86-88 Summer St, Salem, MA 01970 is currently listed for sale with an asking price of $675,000. Search Salem real estate on www.masiellogrouprealestate.com today.