48 Endicott St, Salem, MA 01970

12 Bed Multi Family For Sale

Posted 68 days ago
Map
Price
$1,400,000
Bedrooms
12
Baths
6
Home Type
Multi Family
Style
5+ Family

Membership Savings

MEMBERS GET UP TO
$28,000 (2%)
REBATE ON THIS HOME
JOIN NOW

Mortgage Calculator

Home Price
Down Payment (%)
Monthly Mortgage Payments
30 Year Fixed
$5,347
15 Year Fixed
$7,735

Property Description for 48 Endicott St, Salem, MA 01970

Excellent Investment Opportunity--This huge, stately-looking, six-unit building located on the fringe of the McIntire District offers many options to an investor looking to build equity in a property close to Salem's vibrant downtown. Whether one prefers to hold the property and collect rents or consider the potential for future condominium conversion, the opportunities are limitless. These are 2 adjoined buildings with separate entrances and basements, spacious units and separate systems. Property is in need of substantial renovation. Limited information available as this is part of an estate, therefore, some details are approximate. Fully tenanted building with below market rents.Property being sold in "as is" condition with tenants to remain with sale. Buyer to perform own due diligence. First showing will include access to one-unit and basement only. Proof of funds/pre-approval required prior to showing. Offers due Friday, April 29, 5:00 p.m. Please allow 3 days response time.

Interior Details

Living Area:
6,309 sq. ft.
Price/Sq Ft:
$221.90/sq. ft.

Exterior Details

Acres:
0.10 acres
Lot Size:
4,230 sq. ft.

Other Details

Mls No:
72970727

Unit 1 Details

Rooms: 4
Beds: 2
Baths: 1
Levels: 1
Floor: 1
Rent: $1,370
Leased: Yes

Unit 2 Details

Rooms: 4
Beds: 2
Baths: 1
Levels: 1
Floor: 1
Rent: $1,475

Unit 3 Details

Rooms: 4
Beds: 2
Baths: 1
Levels: 1
Floor: 2
Rent: $1,445

Unit 4 Details

Rooms: 4
Beds: 2
Baths: 1
Levels: 1
Floor: 2
Rent: $1,350

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 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 or leasing 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 or leasing. 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. This listing is courtesy of Judith Zissulis from Keller Williams Realty. Updated May 4, 2022 9:30:04 AM

SAVE 2% ON
YOUR NEXT HOME
- Self Service -
JOIN NOW