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Adam Dow

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

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15 1/2 Palmer , Salem, MA 01970
$899,000
Est. Payment: $1,997.78/mo
6 Bed
3 Bath
3968 Sqft
Status: Active | Days on site: 51
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C67600 - CN234756
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House Description

Located on a quiet side street just moments from downtown Salem, this deleaded three-family property presents an outstanding investment opportunity with a proven rental history. The Property features three (3) spacious two-bedroom units, making it an attractive option for both investors and owner-occupants seeking stable income. Well maintained throughout, the property includes modern high efficiency Navien heating systems, a convenient coin-operated laundry area, covered rear porches, a fenced in backyard for shared outdoor space and parking for all three units. The Property is currently occupied by long-term tenants, providing immediate and consistent rental income. The owner pays for heat and hot water, tenants are responsible for electric.

Highlights

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

Property Type

Multi-Family

Lot/Acreage
0.09

Year Built

1915

County

Essex

Listing ID

73556225

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:3
  • Full Bathrooms:3
Appliances:Range, Refrigerator
Water:Public

Exterior Features

Garage Capacity:4
Zoning:R3
Roof:Shingle
Sewer:Public Sewer
Parking Features:Off Street,Parking Spaces: 4
Principal Interest
$1,998
Taxes
$671

Home Price

$899,000

Loan Details

30 yrs
%

Down Payment

20%
$179,800
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Monthly Price:
$1,997.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,997.78 $671.17 $0.00 $2,668.94
Yearly $23,973.33 $8,054.00 $0.00 $32,027.33
Total $719,200.00 $241,620.00 $0.00 $960,820.00

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.