$625,000 ($349.94 per sqft)

Pending

Est. Mortgage $3,038/mo *

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5 Herbert St, Salem, MA, 01970

5 Herbert St, Salem, MA, 01970
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6 rooms

2 beds

2 Full baths

1864

1,786 sqft

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.

Status:

Pending

Type:

Multi-family

Units:

2

Zoning:

R2

Heating:

None, Baseboard, Natural Gas, Individual, Unit Control

Cooling:

None

Basement:

Full, Interior Entry, Concrete, Unfinished

Levels:

2

Parking:

2-car, Off Street, Tandem, On Street

Acreage:

0.04

Est. Taxes:

$8,406

Assessment

$741,300

Lot Description:

Level

Amenities:

Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Marina, Public School, T-Station, University

Appliances:

Washer, Dryer, Range, Refrigerator

MLS #:

73506256

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Tina Mcmanus, J. Barrett & Company 978-922-3683