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$1,700,000
9 Days Online

1-7 Prince St
Salem, MA 01970

For Sale|Multi-Family|Pending
County:
Essex
Call Now: 401-323-8292
Is this the home for you? We can help make it yours.
401-323-8292
1-7 Prince St1-7 Prince St1-7 Prince St1-7 Prince St
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Investor's dream! Unlock immense potential with a total of eight 2-bedroom, 1-bath apartments in two separate 4 unit buildings situated on one parcel with 10 parking spaces in a paved lot. Separate electric. Rent includes heat/hot water. Currently, tenants are TAW, offering the chance to maximize returns as rents are currently well below market rates. Constructed in 1960, one building features an updated circuit breaker panel, recent roof replacement (2018) and updated kitchens, while the other one has newer vinyl siding (2020) but needs fuse panel and roof replacement . Insulated replacement windows in both structures, enhancing energy efficiency. Don't miss out on this potentially lucrative investment opportunity! Group Showings to well-qualified buyers on Saturday, April 27th at 11AM BY APPOINTMENT ONLY!

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Listing Snapshot
Price 
$1,700,000
Days Online 
9 Days
Bedrooms 
16
Inside Area (SqFt) 
6,656 sqft
Total Baths 
8
Full Baths 
8
Partial Baths 
N/A
Lot Size 
0.22 Acres
Year Built 
1960
MLS® Number 
73228864
Status 
Pending
Property Tax 
$12,804
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
6 days agoListing updated with changes from the MLS®
6 days agoStatus changed to Pending
a week agoListing first seen online
General Features
Construction 
Frame
Parking 
Paved DriveOff StreetAssignedPaved
Parking Spaces 
10
Sewer 
Public Sewer
Electric 
FusesCircuit Breakers
Basement 
FullInterior EntryConcrete
Number of Stories 
7
Acreage 
0.22
Water 
Public
Property Sub Type 
Multi Family
Garage Spaces 
0
Foundation 
Concrete Perimeter
Zoning 
R3
Buyer Agent Compensation 
2.0
Facilitator Compensation 
2.0
Compensation Based On 
Net Sale Price
Sub-Agency Relationship Offered 
No
Garage 
0
Parking Features 
Paved DriveOff StreetAssignedPaved
Electricity 
FusesCircuit BreakersIndividually Metered
Interior Features
Heating 
BaseboardOil
Appliances 
RangeRefrigerator
Flooring 
WoodVinyl
Interior 
Living RoomKitchen
Fireplaces 
0
Window Features 
Insulated Windows
Fireplace 
No
Interior Features 
Living RoomKitchen
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Exterior Features
Roof 
Shingle
Spa 
No
Waterfront Property 
No
Waterfront Features 
Beach Front1/2 to 1 Mile To Beach
Lot 
Corner Lot
Lot Features 
Corner Lot
Waterview Features 
Beach Front1/2 to 1 Mile To Beach
Community Features
Community Features 
Public TransportationShoppingPark
Senior Community 
No
Adult Care Community 
No
Listing courtesy of The Green Team of Armstrong Field Real Estate



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Data Last Updated at 2024-05-05 03:55 PM UTC

Neighborhood & Commute
Source: Walkscore
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