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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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1-7 Prince , Salem, MA 01970
$1,275,000
Est. Payment: $2,833.33/mo
8 Bed
4 Bath
3400 Sqft
Status: Active | Days on site: 16
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C67600 - CN234756
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Turnkey 4-unit investment opportunity in Salem perfect for investor or owner occupant. The Property consists four (4) 2-bedroom units, along with 5 off-street parking spaces. Heat and hot water are included in rent. The property has been extensively updated, featuring renovated kitchens and baths with granite countertops and stainless steel appliances, updated electrical, a newer roof, and new insulation in attic and walls. Additional highlights include basement storage and a clean, well-maintained condition, making this an ideal opportunity for investors seeking a low-maintenance, stabilized asset with upside through future rent optimization. See attached for the OM with detailed financials.
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Highlights

Listed by Francesca Little , 978-973-7277 Little & Co., REALTORS® , 978-745-4447.

Property Type

Multi-Family
Lot/Acreage
0.11

Year Built

1960

County

Essex

Listing ID

73570004

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:4
Floor:Wood
Water:Public

Exterior Features

Garage Capacity:5
Zoning:R3
Roof:Shingle
Sewer:Public Sewer
Parking Features:Off Street,Parking Spaces: 5
Principal Interest
$2,833
Taxes
$677

Home Price

$1,275,000

Loan Details

30 yrs
%

Down Payment

20%
$255,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,833.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,833.33 $676.67 $0.00 $3,510.00
Yearly $34,000.00 $8,120.00 $0.00 $42,120.00
Total $1,020,000.00 $243,600.00 $0.00 $1,263,600.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Salem, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.