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7 Palmer St

Salem, MA 01970
  • $750,000
  • STATUS: Active
  • MLS #: 72951822
UPDATED: 47 min ago
$750,000
  • 5
    BEDS
  • 0.1
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,684
    SQFT
  • $204
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1915
County:
Area:

School Ratings & Info

Listing courtesy of Judith Zissulis of Keller Williams Realty Evolution.

Description

Great Investment Opportunity: This large, conveniently located 3 family offers many options to a live-in owner or an investor wanting to collect rents and build equity in an up and coming area; or to those interested in potential, future condominium conversion. Rooms are large with nice details, tall ceilings and wood floors. Property has a 2-car garage (in need of total rehab) and 4 car parking and small yard. The property overall is in need of many improvements and is being sold "as is." Limited information available as this is part of an estate. Many details are approximate for that reason. Fully tenanted (2 are TAW) with below market rents; tenants to remain with sale. Buyer to perform own due diligence. First showing will include access to only one-unit and basement. Proof of funds/pre-approval required prior to showing.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-06-25T18:09:22.893.
www.revrealtyma.com/homes/126599431
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7 Palmer St Salem, MA 01970

  • Price: $750,000
  • Status: Active
  • On Site: Days
  • Updated: 47 min ago
  • MLS #: 72951822
5
Beds
3
Baths
0
½ Baths
0.1
Acres
3,684
SQFT
$204
$/SQFT
1915
Built
Neighborhood:
Other
County:
Essex
Area:
Other
Property Description
Great Investment Opportunity: This large, conveniently located 3 family offers many options to a live-in owner or an investor wanting to collect rents and build equity in an up and coming area; or to those interested in potential, future condominium conversion. Rooms are large with nice details, tall ceilings and wood floors. Property has a 2-car garage (in need of total rehab) and 4 car parking and small yard. The property overall is in need of many improvements and is being sold "as is." Limited information available as this is part of an estate. Many details are approximate for that reason. Fully tenanted (2 are TAW) with below market rents; tenants to remain with sale. Buyer to perform own due diligence. First showing will include access to only one-unit and basement. Proof of funds/pre-approval required prior to showing.
Exterior Features

Beachfront Yes Color Beige Exterior Wood Foundation Fieldstone Foundation Size 00000 Lot Description Paved DriveLevel Parking Spaces 4 Waterfront Flag No

Interior Features

Basement Yes Bedrooms Unit1 2 Bedrooms Unit2 2 Bedrooms Unit3 1 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Floors Unit1 1 Floors Unit2 2 Floors Unit3 3 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heat Units 3 Heat Zones 3 Levels 3 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Rooms 13 Rooms Unit1 5 Rooms Unit2 5 Rooms Unit3 3

Property Features

Apod Available No Assessments 571200.00 Disclosure No Gross Operating Income 46080 Lead Paint Unknown Lease Unit1 N Lease Unit2 N Lease Unit3 N Lender Owned No Multifamily Type 3 Family Net Operating Income 46080 Rent Unit1 1550 Rent Unit2 1100 Rent Unit3 1190 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Disclosures Some info Approximate/To Be Confirmed: Rents-- 1st Flr $1550; 2nd Flr. $1100; 3rd $1190 Sq Ft Includes Basement No Sq Ft Source Public Record Tax Year 2022 Taxes 7568.00 Water City/Town Water Year Built Description Approximate Year Built Source Public Record Zoning R3

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Judith Zissulis of Keller Williams Realty Evolution.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-06-25T18:09:22.893.
 
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Revolution Realty
90 Canal Street, 4th Floor
Boston MA, 02114
Listing courtesy of Judith Zissulis of Keller Williams Realty Evolution.