2 Essex Street
2 Essex Street
$1,050,000
5
5
1
5,608
5,608
$187
Sold 8/31/22
Description
Exceptional investment opportunity. 6 unit multi family building in the heart of Salem. The iconic home to Ziggy's Donuts, offered for the first time in 57 years, is available for investors, developers and individuals seeking the advantages of fixed income properties. Own within walking distance of Salem Willows, Salem Harbor, Historic Downtown, Winter Island, shops, beaches, trains, restaurants and parks. The building features replacement windows, vinyl siding and newer gas water heaters. Comprised...Exceptional investment opportunity. 6 unit multi family building in the heart of Salem. The iconic home to Ziggy's Donuts, offered for the first time in 57 years, is available for investors, developers and individuals seeking the advantages of fixed income properties. Own within walking distance of Salem Willows, Salem Harbor, Historic Downtown, Winter Island, shops, beaches, trains, restaurants and parks. The building features replacement windows, vinyl siding and newer gas water heaters. Comprised of 5 one bedroom, one bathroom units and one commercial unit, walk up attic and full basement. All units have individual utility meters. Rents are well below market value due to long term tenants. The attic is an oversized, dormered room with water views and opportunities for expansion. Interior photos are of unit 1 which is currently vacant. All units are similar in size and layout with slight variation. Ziggy's Donuts operates out of grandfathered commercial space on 1st floor.
- Listed by Michael McNiff • Coldwell Banker Realty - Beverly
- Listed by Brenna McNiff • Coldwell Banker Realty - Beverly
Property Details for 2 Essex Street
Town
Salem
AreaMA-Salem
Garage Spaces0
Parking Spaces.00
Location
LISTING UPDATED: 09/01/2022 01:06 PM
Property Details for 2 Essex Street
Status | Sold |
---|---|
MLS # | 73003787 |
Days on Market | 31 |
Taxes | $10,616 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 5-9 Family |
Year Built | 1860 |
County | Essex County |
Location
Building Information for 2 Essex Street
Stories9Residences6Year Built1860Building Size-Lot Size0.06 AC / 2,692 SF
Payment Calculator
$6,615 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2 Essex Street
Property History for 2 Essex Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2 Essex Street
Taxable ValueLand$166,800Additions$827,200Total$994,000
Home Facts
Baths5.5Total Finished SqFt5,608 SqFtAbove Grade Finished SqFt5,608 SqFtUnfinished Basement SqFt1,480 SqFtStories4Lot Size2,692 SqFtStyleOffice BuildingYear Built1860CountyESSEXAPNSALE M:41 L:0217
Schools near 2 Essex 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 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
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.