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Adam Dow

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

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93 Ocean Ave , Salem, MA 01970
$699,999
Est. Payment: $1,555.55/mo
8 Bed
2 Bath
2444 Sqft
Status: Under Agreement | Days on site: 37
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AN6191 - CT009538
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House Description

Centrally located, multifamily with two 4-bedroom units offering immense rental earning potential. Short walk to Salem State College, MBTA and downtown Salem. Vinyl sided building with paved drive and yard. Each unit features 4 bedrooms, 1 full bath, living room and kitchen with laundry hook-ups. Spacious layouts offer appeal to a wde range of tenants or owners. Full basement with individual utilities. Private decks overlook the flat, fenced yard. Paved off street parking for multiple cars as well as ample on street parking. Do not miss this opportunity to build equity in a highly desirable area with strong renter demand. Offered vacant with recent rental history. Area ammenities include train, shopping, restaurants, schools, walking paths and more.

Highlights

Listed by Brenna McNiff , 978-473-9655 Coldwell Banker Realty - Beverly , 978-927-1111.

Property Type

Multi-Family

Lot/Acreage
0.11

Year Built

1890

County

Essex

Listing ID

73545713

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Range, Refrigerator
Air Cond:Window Unit(s)
Fireplaces:
Floor:Wood,Vinyl
Other:
  • Additional:Bathroom With Tub & Shower, Living Room, Kitchen
Water:Public

Exterior Features

Lot:Beach Ownership(Public)
Garage Capacity:4
Zoning:B4
Roof:Shingle
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Tandem,Parking Spaces: 4
Principal Interest
$1,556
Taxes
$540

Home Price

$699,999

Loan Details

30 yrs
%

Down Payment

20%
$140,000
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:
$1,555.55

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,555.55 $540.42 $0.00 $2,095.97
Yearly $18,666.64 $6,485.00 $0.00 $25,151.64
Total $559,999.20 $194,550.00 $0.00 $754,549.20

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.