Sold
Last Sold Price
7 beds2,476 sqft
206 Salem Rd, Tewksbury, MA 01876
Multi FamilyProperty Type
0.25 acresLot Size
1925Year Built
$202/sq ftPrice per sq ft
8 carsParking Spaces

Description

Investors take notice of this rare opportunity to purchase a clean 4-unit property in a great location. The building was renovated in 2000, including new windows, heating systems, siding, and electrical panels. The roof and hot water heaters are recent. All 4 units have hardwired smoke detectors that are monitored by a professional security company. There are three 2 bedroom units on the first floor, and a 1 bedroom unit on the second floor. Fully tenanted, the property should gross over $50k/year,...Investors take notice of this rare opportunity to purchase a clean 4-unit property in a great location. The building was renovated in 2000, including new windows, heating systems, siding, and electrical panels. The roof and hot water heaters are recent. All 4 units have hardwired smoke detectors that are monitored by a professional security company. There are three 2 bedroom units on the first floor, and a 1 bedroom unit on the second floor. Fully tenanted, the property should gross over $50k/year, with approximately $15k in expenses. Plenty of off-street parking. A great opportunity!
  • Listed by: Kyle Vogt • William Raveis R.E. & Home Services
Listing closed: 12/29/2016 12:00 AM • Source: MLS PIN, MLS#: 72089760

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Recent comparable sales

Median sold price

$860,000

Avg days on market

34

Sale-to-list ratio

98.9%

Tewksbury, MA

9 comparable properties found

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1

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Bedrooms
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Square Feet
0.46
Acres
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Bedrooms
3,298
Square Feet
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Acres
$970,000 | 45 Oxford Road, Tewksbury, MA 01876
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Acres
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$1,050,920 | 42 Ballard Street, Tewksbury, MA 01876
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3
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a view of a yard in front of house
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Sold 12/03/25

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a aerial view of a house with garden
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a front view of a house with a yard
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Location

Listing Courtesy of William Raveis R.E. & Home Services, Kyle Vogt

Sold By Lamacchia Realty, Inc., Capua Real Estate Solutions

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$3,224 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,669

Property Taxes

$555

HOA Dues

$0

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Property Information for 206 Salem Road

Property Details
  • Taxes: $6,661 / year
  • MLS Type: Multi-family / 4 Family
  • Town: Tewksbury
  • Area: MA-Tewksbury
  • Garage Spaces: 0
  • Parking Spaces Total: 8
Building Information
  • Stories: 5
  • Residences: 4
  • Year Built: 1925
  • Lot Size: 0.25 AC / 10,677 SF
General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Highway Access
  • Current Financing: Conventional
  • Living Area: 2476.0
  • Color: White
  • Total Units: 4
  • Waterfront: No
  • Water View: No
  • Year Built Details: Renovated Since
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Unit 3(Range, Unit 4(Range, Gas Water Heater, Tankless Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Basement Features: Full, Bulkhead, Unfinished Basement
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Carpet, Varies Per Unit, Laminate
  • Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Unit 3 Rooms(Living Room, Unit 4 Rooms(Living Room
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 3 Laundry Room, Unit 4 Laundry Room
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame, Brick
  • Exterior Features: Rain Gutters
  • Exterior Features: Porch, Patio
  • Lot Description: Level
  • Patio And Porch Features: Porch, Patio
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Shared Driveway, Off-Street, Common, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Shared Driveway, Off-Street, Common, Paved Driveway
  • Parking Features: Off-Street, Common, Paved Driveway
Utilities
  • Cooling: Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC), Unit 4(Window AC)
  • Cooling: Yes
  • Electric: Circuit Breakers
  • Heating: Unit 1(Hot Water Baseboard, Gas, Individual), Unit 2(Hot Water Baseboard, Unit 3(Hot Water Baseboard, Gas), Unit 4(Electric Baseboard, Unit Control)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: 2 common parking spaces per unit. Basement access through bulkhead. Newer roof. Windows/heating systems/siding/electrical panels replaced in 2000. Hardwired smokes professionally monitored.
Tax Information
  • Tax ID: 798232
  • Assessments: $396,100
  • Block: 22
  • Book: 185
  • Lot: 0
  • Map: 105
  • Tax Year: 2016
  • Zoning: RG
Building / Association Information
Living Characteristics
  • Beds Total: 7
  • Total Living Levels: 5
Other Building Characteristics
  • Foundation: Irregular
  • Heat Units: 4
  • Heat Zones: 4
Income / Expenses
  • Annual Expenses Source: Estimated, Owner
  • GOI: $48,600.00
  • Insurance: $2,890.00
  • GRE: $6,493
  • MSE: $480
  • NOI: $42,107.00
  • Operating Expense: $6,493.00
  • WSE: $3,123.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 1
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $4,050.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.0
  • Other Agent Compensation: 2.0

Property History for 206 Salem Road

DateEvent & SourcePriceAppreciation
Dec 29, 2016

Sold (Public Record)

Public Record #586250648

$500,000

+1.6% / yr

Dec 29, 2016

Sold

MLS PIN #72089760

$500,000—
Nov 15, 2016

Contingent

MLS PIN #72089760

—
DateEvent & SourcePrice
12/29/2016

Sold (Public Record)

Public Record #586250648

$500,000

+1.6% / yr

12/29/2016

Sold

MLS PIN #72089760

$500,000
11/15/2016

Contingent

MLS PIN #72089760

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 206 Salem Road

Taxable ValueLand$270,200Additions$373,500Total$643,700
Tax Record2025$8,510 ($709 / month)
Home Facts
Baths4.5Total Finished SqFt2,476 SqFtAbove Grade Finished SqFt2,476 SqFtUnfinished Basement SqFt1,304 SqFtStories1Lot Size10,677 SqFtStyleMulti-Family Res (5+ Units)Year Built1925Year Renovated1925ZoningR40CountyMIDDLESEXAPNTEWK M:0105 L:0022 U:0000

Schools near 206 Salem Road

This home is within Tewksbury School District.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Heath Brook Elementary School
PublicPK to 1

John F. Ryan Elementary School
Public5 to 6

John W. Wynn Middle School
Public7 to 8

Tewksbury Memorial High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 206 Salem Road, Tewksbury, MA 01876
$500,000
7
2,476
10,677
$135,000
4
1.5
1,634
9,173
$825,000
3
2,654
10,000
$855,000
4
2,375
12,414
$599,000
3
1,542
12,500
–
–
–
–
3,386

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of William Raveis R.E. & Home Services, Kyle Vogt

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.