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86-88 Summer St, Salem, MA 01970

$675,000
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New to the Market Active
BEDS3 BATHS2 full 1 partial SQUARE FEET2,432 MLS#73600589
STATUSActive PROPERTY TYPEResidential - Single Family

Property Description

Three-bedroom, 2.5-bath home offering approximately 1,602 square feet PLUS a separate, detached two-bedroom home??all on one lot! This unique layout offers potential for an in-law living arrangement or the opportunity to live in one home and generate rental income from the other, subject to applicable requirements. Located at 86??88 Summer Street, both residences feature private entrances, independent living spaces, and no shared walls. The larger home at 88 Summer Street offers 3 bedrooms and 2.5 bathrooms, while 86 Summer Street provides approximately 830 square feet with 2 bedrooms and 1 full bathroom. Both homes need improvements, presenting an opportunity to build equity through renovation and bring your vision to life. Six off-street parking spaces, with rear access from Downing Street, add exceptional convenience in downtown Salem. Conveniently located near restaurants, shops, the waterfront, and commuter rail service to Boston. Two detached homes with flexible living options and income potential!

86-88 Summer St | MLS# 73600589

This single family home located at 86-88 Summer St, Salem, MA 01970 is currently listed for sale with an asking price of $675,000. This property was built in 1870 and has 3 bedrooms and 2 full and 1 partial baths with 2432 sq. ft. Search Salem real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Full, Unfinished
Cooling: None
Heating: Oil
Lot Size: 0.23 Acres
Roof Type: Shingle
Taxes: $9,242
Year Built: 1870

Feature Descriptions

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: 4
Exterior: Frame
HeatingY/N: 1
Open Parking Y/N: Yes
Parcel Number: M:0025 B:0494 L:0000,4078891
Parking Features: Paved Drive, Off Street
Parking Total: 6
Rooms Total: 5
Sewer: Public Sewer
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

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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

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