CCertihomes
112 Broadway #1-4, Salem, MA 01970

$2,850

8 beds 5 baths 3,470 sqft Built 20234 days on marketActive

About this home

Brand new 2-bedroom apartments located literally steps to Salem University. Brand new multi-unit development with off street parking. all appliances included, washer /dry in basement. three (3) units available for rent starting as early as March 1st, 2024. Rent 2850 utilities not included. Individually unit controlled (Electric, Heat pumps with full AC in each unit. electric stove, fridge, microwave, dishwasher in each unit. Bult in 2023-2024 up to all codes by professional builders. Fantastic location for faculty housing and students or any family looking to be in a brand-new house in Salem. Off street parking available with each unit. Please look at attached floor plans for layouts for detailed info for each unit. 1st.last and 1500 Security required. Looking for one year lease. Starting dates have some flexibility as well. Don't wait and set up a tour as we are ready to start showings today! Town house is 2 bedrooms with 2 bath and 2 car garage, Rent is higher for townhouse.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.2% APR.

Your estimated payment
$1,113/mo

Real estate (PITI + HOA + PMI)
$619
Principal + interest$18
Property tax + insurance$600
PMI / 2nd mortgage$1
Utilities
$525
Heating + cooling$101
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$157
$1,113/mo TLC
Budget$5,000/mo
Remaining after TLC$3,887/mo
Purchase price
$2,850
Down payment
$143 (5%)
Loan amount
$2,708
APR
7.2%

Quick facts

Type
Apartment
Style
Year built
2023
Lot size
0.15 ac
Stories
0
Heating
Electric
Cooling
Water
HOA
Annual tax
$5,409
MLS #
73199593
County
Essex

At a glance

Garage (2)

Neighborhood — 01970

MetricThis ZIPCountyUSA
Population39,2106,444,931299,088,112
Population Change Since199012.00%7.00%20.00%
Population Density4,803786
Male18,2943,127,134147,432,321
Female20,9163,317,797151,655,844
Never Married11,7661,612,88563,775,926
Married13,4262,586,314123,120,365
Separated1,771247,85712,639,686
Widowed2,455363,59415,467,586
Divorced3,344436,88823,075,029
Number Of House Hold17,1122,431,591111,826,380
Average House Hold Size2.232.562.60
Medial Age36.0437.2535.46
Median House Hold Income$50,078$57,698$48,276
Average House Hold Income$61,376$75,023$63,629
P C I$28,089$29,196$24,529
M D I$42,238$48,105$41,133
A T H E$50,149$57,083$50,898
S T R5.00%5.00%
W C J83.24%81.38%77.74%
(Zip) Code
1970

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 2/5/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.