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171-173 Boston St, Salem, MA 09179

10 Bed, 2 Bath Multi-Family Home For Sale

171-173 Boston St, Salem, MA 09179 House For Sale - MLS #72323484
$2,499,000
10
2
Multi-Family
2 Family

Property Description for 171-173 Boston St, Salem, MA 09179

This property is in a great location being the gateway to Salem and perfect for an investment group/contractor looking for a redevelopment property with huge payback. This property has the potential to build 92 residential units plus 3,600SF of retail space. Please see the pictures of the possibilities this property has to offer. This is a package deal only and will not be sold separately.

Interior Details

12,515 sq. ft.
$199.68/sq. ft.

Exterior Details

1.14 acres
49,830 sq. ft.
6 Garage Spaces
15

Other Details

72323484
1870

Units Description

Unit #1
Rooms: 5      Bedrooms: 2      Full / Half Baths: 1      Levels: 1      Floor: 2     

Unit #2
Rooms: 5      Bedrooms: 2      Full / Half Baths: 1      Levels: 1      Floor: 2     

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(20%)

Monthly Mortgage Payments

$11,351
$15,810

Town Description

Salem is an historic seaside community located approximately 16 miles north of Boston.

From its days as one of the earliest landing sites of the English colonists, to its rise as the first major port...

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