1-7 Prince Street
1-7 Prince Street
$1,700,000
16
8
6,656
6,656
$255
Under Agreement
Description
Investor's dream! Unlock immense potential with a total of eight 2-bedroom, 1-bath apartments in two separate 4 unit buildings situated on one parcel with 10 parking spaces in a paved lot. Separate electric. Rent includes heat/hot water. Currently, tenants are TAW, offering the chance to maximize returns as rents are currently well below market rates. Constructed in 1960, one building features an updated circuit breaker panel, recent roof replacement (2018) and updated kitchens, while the other one...Investor's dream! Unlock immense potential with a total of eight 2-bedroom, 1-bath apartments in two separate 4 unit buildings situated on one parcel with 10 parking spaces in a paved lot. Separate electric. Rent includes heat/hot water. Currently, tenants are TAW, offering the chance to maximize returns as rents are currently well below market rates. Constructed in 1960, one building features an updated circuit breaker panel, recent roof replacement (2018) and updated kitchens, while the other one has newer vinyl siding (2020) but needs fuse panel and roof replacement . Insulated replacement windows in both structures, enhancing energy efficiency. Don't miss out on this potentially lucrative investment opportunity! Group Showings to well-qualified buyers on Saturday, April 27th at 11AM BY APPOINTMENT ONLY!
- Listed by The Green Team • Armstrong Field Real Estate
- Listed by Jim Armstrong • Armstrong Field Real Estate
Property Details for 1-7 Prince Street
Town
Salem
AreaMA-Salem
Garage Spaces0
Parking Spaces10.00
Parking Spaces Total10
Location
LISTING UPDATED: 04/29/2024 05:04 PM
Property Details for 1-7 Prince Street
Status | Under Agreement |
---|---|
MLS # | 73228864 |
Days on Market | 4 |
Taxes | $12,804 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 5-9 Family |
Year Built | 1960 |
County | Essex County |
Location
Building Information for 1-7 Prince Street
Stories7Residences8Year Built1960Building Size-Lot Size0.22 AC / 9,740 SF
Payment Calculator
$10,345 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1-7 Prince Street
Property History for 1-7 Prince Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 1-7 Prince Street
This home is within Salem School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | K to 5 | |||
Public - | K to 5 | |||
Public - | K to 8 |
Rating | School | Distance |
---|---|---|
Horace Mann Laboratory PublicK to 5 | ||
Carlton Elementary School PublicK to 5 | ||
Bates Elementary School PublicK to 5 | ||
Saltonstall School PublicK to 8 |
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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