$950,000
About this home
Turnkey de-leaded investment property with strong rental income and quality long-term TAW tenants. Spacious Victorian era 3-Family located in convenient North Salem, less than a mile from the Salem MBTA Station and Downtown, and just 2 miles from Rt. 128. Ideal unit mix with two large 5 room / 3 bdrm / 1 bath units and one 4 room / 2 bdrm / 1 bath unit. Tenants pay electric and heat. 1st and 3rd floor units renovated 2019, plus new chimneys and brand new coin-op laundry in basement for extra income. New front roof in 2020, and added 3rd parking space and new hot water heater for unit 2 (paid by tenant). Exterior features low maintenance vinyl siding, replacement windows, a sweet little front porch and fenced-in back yard. Off-street parking for 3 cars.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.
- Real estate (PITI + HOA + PMI)
- $6,340
- Utilities
- $533
- Transportation
- $129
- Other (entertainment)
- $157
Quick facts
At a glance
Home features
Lot features
Corner Lot
Neighborhood — 01970
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 39,210 | 6,444,931 | 299,088,112 |
| Population Change Since1990 | 12.00% | 7.00% | 20.00% |
| Population Density | 4,803 | 786 | — |
| Male | 18,294 | 3,127,134 | 147,432,321 |
| Female | 20,916 | 3,317,797 | 151,655,844 |
| Never Married | 11,766 | 1,612,885 | 63,775,926 |
| Married | 13,426 | 2,586,314 | 123,120,365 |
| Separated | 1,771 | 247,857 | 12,639,686 |
| Widowed | 2,455 | 363,594 | 15,467,586 |
| Divorced | 3,344 | 436,888 | 23,075,029 |
| Number Of House Hold | 17,112 | 2,431,591 | 111,826,380 |
| Average House Hold Size | 2.23 | 2.56 | 2.60 |
| Medial Age | 36.04 | 37.25 | 35.46 |
| 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 R | 5.00% | 5.00% | — |
| W C J | 83.24% | 81.38% | 77.74% |
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
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Listing information last refreshed 5/8/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.