14 Fort Avenue

Salem, MA 01970

$530,000
Last Sold Price
4
Beds
2
Baths
1,975 Sq. Ft.
$268 / Sq. Ft.
1,975
Sq. Ft.
$268
per Sq. Ft.

Description

Many recent updates have been made to this well located two family. Walk to downtown Salem, train to Boston, Salem Common, Pickering and Derby Wharf waterfront, and Salem Willows oceanfront park. Across the street from a large park, playground, soccer field, baseball diamond, and Bentley School. Steps to two other parks and a small neighborhood beach. Walk or bike to two other beaches. The first floor has a one bedroom unit, while the upper unit has one bedroom on the second floor and two on the...Many recent updates have been made to this well located two family. Walk to downtown Salem, train to Boston, Salem Common, Pickering and Derby Wharf waterfront, and Salem Willows oceanfront park. Across the street from a large park, playground, soccer field, baseball diamond, and Bentley School. Steps to two other parks and a small neighborhood beach. Walk or bike to two other beaches. The first floor has a one bedroom unit, while the upper unit has one bedroom on the second floor and two on the third floor. The second floor also has a 12x5 enclosed porch that could be used as an office. Where else will you find a home from which a walk in one direction will bring you to the vibrant restaurants, shops, and museums of downtown Salem and a walk in the other will bring you to the ocean? Take advantage of the strong rental market to live in one unit and rent the other, or rent both for excellent income.
  1. Listed by Richard Jagolta • Seaport Realty

Property Details for 14 Fort Avenue

Town
Salem
Area
MA-Salem
Garage Spaces
0
Parking Spaces
2.00
Parking Spaces Total
2

Location

Listing Courtesy of Seaport Realty, Richard Jagolta

Sold By LAER Realty Partners, Cook and Company Real Estate Team

Add your commute
LISTING UPDATED: 08/06/2022 07:33 AM

Property Details for 14 Fort Avenue

StatusSold
MLS #72742294
Days on Market30
Taxes$4,789 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family - 2 Units Up/Down
Year Built1870
CountyEssex County

Location

Listing Courtesy of Seaport Realty, Richard Jagolta

Sold By LAER Realty Partners, Cook and Company Real Estate Team

Add your commute

Building Information for 14 Fort Avenue

Stories3Residences2Year Built1870Building Size-Lot Size0.02 AC / 1,024 SF

Payment Calculator

$3,292 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,892

Property Taxes

$399

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 14 Fort Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Conv. Fixed
  • Living Area: 1975.0
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater
  • Basement Features: Full
  • 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
  • Laundry Features: Laundry Room
Exterior Features
  • Construction: Frame
  • Roof Material: Shingle
  • Waterfront Features: Beach Front, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Heating: Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: 1st floor tenant pays own heat,hot water,and electric. 2nd floor rent includes utilities. All tenants are at will,no leases in place.
Tax Information
  • Tax ID: M:41 L:0267,2138066
  • Assessments: $331,400
  • Book: 29070
  • Tax Year: 2020
  • Zoning: R2
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone
  • Heat Units: 2
  • Heat Zones: 2
Income / Expenses
  • Electricity: $600.00
  • Annual Expenses Source: Estimated, Owner
  • GOI: $41,400.00
  • Insurance: $1,927.00
  • GRE: $4,327
  • HTE: $1,100
  • NOI: $37,073.00
  • Operating Expense: $4,327.00
  • WSE: $700.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $3,450.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 1

Property History for 14 Fort Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 14 Fort Avenue

Taxable ValueLand$143,500Additions$398,300Total$541,800
Tax Record2024$6,296 ($525 / month)
Home Facts
Baths2Total Finished SqFt1,975 SqFtAbove Grade Finished SqFt1,975 SqFtUnfinished Basement SqFt648 SqFtStories3Lot Size1,024 SqFtStyleDuplexYear Built1870ZoningR2CountyESSEXAPNSALE M:41 L:0267

Schools near 14 Fort Avenue

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 5
Rating
School
Distance
Bates Elementary School
PublicK to 5

Horace Mann Laboratory
PublicK to 5

Witchcraft Heights Elementary School
PublicK to 5

Carlton 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

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Seaport Realty, Richard Jagolta

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.