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Adam Dow

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

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53 Cedar St , Salem, MA 01970
$799,000
Est. Payment: $1,775.56/mo
4 Bed
2 Bath
2247 Sqft
Status: Active | Days on site: 34
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House Description

Constructed in 1915, this distinguished multi-family residence at 53 Cedar Street in Salem, MA, offers 2,247 square feet of refined living space. This property stands as a testament to enduring craftsmanship, presenting an exceptional opportunity for discerning buyers in a vibrant historical setting. The residence encompasses four well-proportioned bedrooms, providing ample private accommodations across its two stories. Complementing these are two full bathrooms, thoughtfully designed to cater to the needs of residents and guests alike. Situated on a generous 4,225 square foot lot, this property offers both expansive interior living and considerable outdoor potential. We invite you to discover the unique appeal and versatility of this Salem offering. Well maintained two family building with paved driveway and private back yard and patio. Two units each with 5 rooms, 2 bedrooms and 1 bath. Hardwood floors add value as well as overall maintenance of this property. Great central location and offers many possibilities for Salem State students as well as professionals. Unfinished third floor which is accessible from second floor unit offers bonus heated space although currently not in use. First floor has exclusive use to enclosed front porch and second floor has exclusive use to enclosed second floor porch.

Highlights

Listed by Lynne Breed , 781-608-8066 Gibson Sotheby's International Realty , 781-631-8800.

Property Type

Multi-Family

Lot/Acreage
0.1

Year Built

1915

County

Essex

Area

South Salem

Listing ID

73563991

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Range, Refrigerator
Floor:Tile,Hardwood
Other:
  • Additional:Living Room, Dining Room, Kitchen
Water:Public

Exterior Features

Lot:Corner Lot,Level,Bay,Harbor,Ocean,1 to 2 Mile To Beach,Beach Ownership(Public)
Garage Capacity:2
Zoning:R2
Roof:Shingle
Others:
  • Additional:Rain Gutters, Garden
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,On Street,Paved,Parking Spaces: 2
Principal Interest
$1,776
Taxes
$588

Home Price

$799,000

Loan Details

30 yrs
%

Down Payment

20%
$159,800
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:
$1,775.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,775.56 $587.69 $0.00 $2,363.24
Yearly $21,306.67 $7,052.27 $0.00 $28,358.94
Total $639,200.00 $211,568.10 $0.00 $850,768.10

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.