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Adam Dow

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

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5 Willow Ave , Salem, MA 01970
$875,000
Est. Payment: $1,944.44/mo
5 Bed
3 Bath
2229 Sqft
Status: New | Days on site: 1
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AN4191 - TM343298
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House Description

Location and value! Conveniently situated between downtown Salem and Salem State University, this updated two-family offers a strong rental history and a truly turn-key opportunity for an investor or owner-occupant. The first floor features a one-bedroom, one-bath unit, while the upper unit spans two levels with four bedrooms, two baths, and a vaulted bonus room. Unit 2 is now vacant and most recently rented for $4,000/month. A long list of upgrades, separate utilities, one-car garage, driveway, and low-maintenance patio add to the appeal. Enjoy easy access to downtown Salem’s shops, restaurants, commuter rail, and ferry to Boston, and don’t miss the small neighborhood beach at the end of the street!

Highlights

Listed by Strobeck Antonell Bull Group , 617-510-0375 Compass , 781-285-8028.

Property Type

Multi-Family

Lot/Acreage
0.06

Year Built

1890

County

Essex

Area

South Salem

Listing ID

73578416

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:3
  • Full Bathrooms:3
Water:Public

Exterior Features

Lot:Level
Garage Capacity:4
Zoning:R1
Roof:Shingle
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Parking Spaces: 4

Open House

Upcoming Open Houses
Saturday 12:00 pm - 1:30 pm Sep 19
Sunday 12:00 pm - 1:30 pm Sep 20
Principal Interest
$1,944
Taxes
$609

Home Price

$875,000

Loan Details

30 yrs
%

Down Payment

20%
$175,000
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:
$1,944.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,944.44 $609.08 $0.00 $2,553.53
Yearly $23,333.33 $7,309.00 $0.00 $30,642.33
Total $700,000.00 $219,270.00 $0.00 $919,270.00

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.