Sold
Last Sold Price
8 beds4,100 sqft$116/sqft
3 Ropes St, Salem, MA 01970
Multi FamilyProperty Type
6,138 sq ftLot Size
1915Year Built
$116/sq ftPrice per sq ft
8 carsParking Spaces

Description

Centrally Located Large 4 Family Building Great condo conversion potential 5 rooms/3 bedroom units with separate utilities Very large 8-10 car paved driveway and a detached 2 car garage Separate utilities Separate laundry hookups in the basement for each unit and also separate storage area All new windows. Building is fully insulated . All units have Letter of Compliance and Lead Inspection Report Units feature updated kitchen cabinets and bathroom fixtures Great rental history Positive cash flow!Centrally Located Large 4 Family Building Great condo conversion potential 5 rooms/3 bedroom units with separate utilities Very large 8-10 car paved driveway and a detached 2 car garage Separate utilities Separate laundry hookups in the basement for each unit and also separate storage area All new windows. Building is fully insulated . All units have Letter of Compliance and Lead Inspection Report Units feature updated kitchen cabinets and bathroom fixtures Great rental history Positive cash flow!
  • Listed by: Julian Nenshati • Century 21 North East
Listing closed: 06/20/2014 12:00 AM • Source: MLS PIN, MLS#: 71675375

Location

Listing Courtesy of Century 21 North East, Julian Nenshati

Sold By Classified Realty Group, Maureen Giuliano

Add your commute

Payment Calculator

$2,893 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,455

Property Taxes

$438

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 3 Ropes Street

Property Details
  • Taxes: $5,258 / year
  • MLS Type: Multi-family / 4 Family
  • County: Essex County
  • Town: Salem
  • Area: MA-Salem
  • Garage Spaces: 2
  • Open Parking Spaces: 8.00
  • Parking Spaces Total: 8
Building Information
  • Stories: 6
  • Residences: 4
  • Year Built: 1915
  • Lot Size: 0.14 AC / 6,138 SF
General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Public School, Other (See Remarks), Sidewalks
  • Current Financing: Conv. Fixed
  • Living Area: 4100.0
  • Total Units: 4
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Refrigerator, Unit 1(Range, Other (See Remarks)), Unit 2(Range, Unit 3(Range, Unit 4(Range, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
  • Basement Features: Full, Concrete Floor
  • 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: Wood, Tile, Carpet, Varies Per Unit
  • Interior Features: Other (See Remarks), Unit 1(Ceiling Fans, Pantry, Storage), Unit 2(Ceiling Fans, Unit 3(Pantry, Unit 4(Pantry, Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room, Unit 4 Rooms(Living Room
  • Interior Features: Other (See Remarks)
  • Laundry Features: Laundry Room, Washer Hookup
  • Window Features: Storm Window(s)
Exterior Features
  • Construction: Frame
  • Exterior Features: Other (See Remarks)
  • Exterior Features: Fenced Yard, Other (See Remarks)
  • Fencing: Fenced/Enclosed, Fenced
  • Roof Material: Tar/Gravel, Rubber
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Cooling: Unit 1(Other (See Remarks)), Unit 4(Other (See Remarks))
  • Cooling: Yes
  • Electric: 100 Amp Service, Individually Metered
  • Green Energy Efficient: Attic Vent Elec.
  • Heating: Unit 1(Steam, Gas, Individual), Unit 2(Steam, Unit 3(Steam, Gas), Unit 4(Steam
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: Seller is Licensed Real Estate Broker
Tax Information
  • Tax ID: M:34 L:0264,2135726
  • Assessments: $321,000
  • Book: 22465
  • Tax Year: 2013
  • Zoning: R3
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone
  • Heat Units: 4
Income / Expenses
  • Annual Expenses Source: Owner
  • GOI: $60,600.00
  • NOI: $60,600.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 1
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $5,050.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 1

Property History for 3 Ropes Street

DateEvent & SourcePriceAppreciation
Jun 20, 2014

Sold (Public Record)

Public Record #419087608

$475,000

+0.1% / yr

Jun 20, 2014

Sold

MLS PIN #71675375

$475,000
May 13, 2014

Under Agreement

MLS PIN #71675375

DateEvent & SourcePrice
06/20/2014

Sold (Public Record)

Public Record #419087608

$475,000

+0.1% / yr

06/20/2014

Sold

MLS PIN #71675375

$475,000
05/13/2014

Under Agreement

MLS PIN #71675375

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

Public Records for 3 Ropes Street

Taxable ValueLand$175,900Additions$948,500Total$1,124,400
Tax Record2025$12,751 ($1,063 / month)
Home Facts
Baths4Total Finished SqFt4,100 SqFtAbove Grade Finished SqFt4,100 SqFtUnfinished Basement SqFt2,050 SqFtStories2Lot Size6,138 SqFtStyleMulti-Family Res (5+ Units)Year Built1915Year Renovated1915ZoningB1CountyESSEXAPNSALE M:34 L:0264

Schools near 3 Ropes Street

This home is within Salem School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - K to 5
Public - K to 5
Rating
School
Distance
Bates
PublicPK to 5

Horace Mann Laboratory School
PublicPK to 5

Carlton Elementary School
PublicK to 5

Witchcraft Heights Elementary School
PublicK to 5

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.

Similar Homes

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 Century 21 North East, Julian Nenshati

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.