38-40 Moffatt Rd

2,153 Sq. Ft.
$354 / Sq. Ft.
2,153
Sq. Ft.
$354
per Sq. Ft.

Description

Update: offer deadline mon, july 1st at 12pm. Explore an exceptional investment in Salem with this well-maintained 2-family property, ideally situated next to Salem State University. Each unit offers 2 spacious bedrooms, modern kitchens with stainless steel appliances, and bright living areas. Featuring a private backyard with a garage, this property is delivered fully vacant, presenting a perfect opportunity for investors seeking strong rental potential. Its convenient location near campus amenities...Update: offer deadline mon, july 1st at 12pm. Explore an exceptional investment in Salem with this well-maintained 2-family property, ideally situated next to Salem State University. Each unit offers 2 spacious bedrooms, modern kitchens with stainless steel appliances, and bright living areas. Featuring a private backyard with a garage, this property is delivered fully vacant, presenting a perfect opportunity for investors seeking strong rental potential. Its convenient location near campus amenities and downtown Salem's vibrant attractions enhances its appeal to potential tenants. Don't miss this turnkey opportunity to own a prime piece of Salem's real estate. Schedule your showing today!
  1. Listed by Eclipse Group • Cameron Real Estate Group
  2. Listed by Brianna Maggio • Cameron Real Estate Group
  3. Listed by Paul Veronis • Cameron Real Estate Group

Property Details for 38-40 Moffatt Road

Town
Salem
Area
MA-Salem
Garage Spaces
2
Open Parking Spaces
8.00
Parking Spaces Total
8
LISTING CLOSED: 08/21/2024 12:00 AM

Property Details for 38-40 Moffatt Road

StatusSold
MLS #73258373
Days on Market19
Taxes$6,758 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 2 Family - 2 Units Side by Side
Year Built1930
CountyEssex County

Location

Listing Courtesy of Cameron Real Estate Group, Eclipse Group; Cameron Real Estate Group, Brianna Maggio; Cameron Real Estate Group, Paul Veronis

Sold By Century 21 Property Central Inc., Ivy Horgan

Add your commute

Building Information for 38-40 Moffatt Road

Stories4Residences2Year Built1930Building Size-Lot Size0.13 AC / 5,702 SF

Payment Calculator

$4,436 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,873

Property Taxes

$563

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 38-40 Moffatt Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Conv. Fixed
  • Living Area: 2153.0
  • Color: white
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Dishwasher, Refrigerator
  • Basement Features: Partially Finished
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Hardwood, Vinyl / VCT
  • Interior Features: Window AC
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters
  • Exterior Features: Fenced Yard, Porch - Enclosed, Deck - Wood, Deck - Vinyl, Deck - Composite
  • Fencing: Fenced
  • Lot Description: Cleared
  • Patio And Porch Features: Enclosed, Deck - Wood, Deck - Vinyl, Deck - Composite
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street, Tandem, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Tandem, Paved Driveway
  • Parking Features: Off-Street, Tandem, Paved Driveway
Utilities
  • Cooling: Window AC
  • Cooling: Yes
  • Heating: Hot Water, Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Roof is roughly 15 years old. Heating system roughly 10 years old. Buyers and Buyer's agent to preform due diligence on information.
Tax Information
  • Tax ID: 2130533
  • Assessments: $581,600
  • Book: 14581
  • Tax Year: 2024
  • Zoning: R1
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 4
Other Building Characteristics
  • Foundation: Concrete Perimeter, Stone
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 2
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 2

Property History for 38-40 Moffatt Road

DateEvent & SourcePriceAppreciation
Aug 21, 2024

Sold

MLS PIN #73258373

$762,000
Jul 1, 2024

Under Agreement

MLS PIN #73258373

Jul 1, 2024

Contingent

MLS PIN #73258373

DateEvent & SourcePrice
08/21/2024

Sold

MLS PIN #73258373

$762,000
07/01/2024

Under Agreement

MLS PIN #73258373

07/01/2024

Contingent

MLS PIN #73258373

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

Public Records for 38-40 Moffatt Road

Taxable ValueLand$204,500Additions$377,100Total$581,600
Tax Record2024$6,758 ($563 / month)
Home Facts
Baths2Total Finished SqFt2,153 SqFtAbove Grade Finished SqFt2,153 SqFtUnfinished Basement SqFt1,170 SqFtStories2Lot Size5,702 SqFtStyleDuplexYear Built1930ZoningR1CountyESSEXAPNSALE M:22 L:0062

Schools near 38-40 Moffatt Road

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
Horace Mann Laboratory School
PublicPK to 5

Bates
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

Nearby off-market 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 Cameron Real Estate Group, Eclipse Group; Cameron Real Estate Group, Brianna Maggio; Cameron Real Estate Group, Paul Veronis

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.