40-42 School Street
40-42 School Street
$550,000
6
2
2,472
2,472
$222
Sold 8/3/22
Description
OPEN 6/11 from 11:30 a.m. to 1:00 p.m.. VACANT two family in desirable North Salem neighborhood with great income potential. Located on a quiet neighborhood on the corner of School Street and School Street Ct., close to commuter rail and downtown Salem. Perfect to maintain as rental or Condo conversion. First floor Unit has been completely updated (except appliances, fixtures and other minor finishing touches) with kitchen tile, preserved wide plank hardwood, new cabinets and stone counters. Second...OPEN 6/11 from 11:30 a.m. to 1:00 p.m.. VACANT two family in desirable North Salem neighborhood with great income potential. Located on a quiet neighborhood on the corner of School Street and School Street Ct., close to commuter rail and downtown Salem. Perfect to maintain as rental or Condo conversion. First floor Unit has been completely updated (except appliances, fixtures and other minor finishing touches) with kitchen tile, preserved wide plank hardwood, new cabinets and stone counters. Second floor Unit is in need of complete update. Very spacious with potential to add 400-500 sq. ft of attic to 2nd floor unit. Both Units have 3 bedrooms with potential for more. Bring your ideas or the owner is happy to provide his. Updated electric panels (3) and heating system/water tanks. Potential for 4 or more parking spaces, with patio in backyard.
- Listed by Gino Ricciardelli • Foremost Realty
Property Details for 40-42 School Street
Town
Salem
AreaMA-Salem
Garage Spaces0
Parking Spaces4.00
Parking Spaces Total4
Location
LISTING UPDATED: 08/05/2022 04:55 AM
Property Details for 40-42 School Street
Status | Sold |
---|---|
MLS # | 72992674 |
Days on Market | 46 |
Taxes | $5,891 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 2 Family |
Year Built | 1880 |
County | Essex County |
Location
Building Information for 40-42 School Street
Stories3Residences2Year Built1880Building Size-Lot Size0.08 AC / 3,690 SF
Payment Calculator
$3,492 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 40-42 School Street
Property History for 40-42 School 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.
Public Records for 40-42 School Street
Taxable ValueLand$188,600Additions$416,200Total$604,800
Tax Record2024$7,028 ($586 / month)
Home Facts
Baths2Total Finished SqFt2,540 SqFtAbove Grade Finished SqFt2,540 SqFtUnfinished Basement SqFt1,002 SqFtStories2Lot Size3,690 SqFtStyleDuplexYear Built1880ZoningR2CountyESSEXAPNSALE M:27 L:0008
Schools near 40-42 School 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 |
---|---|---|
Carlton Elementary School PublicK to 5 | ||
Witchcraft Heights Elementary School PublicK to 5 | ||
Horace Mann Laboratory PublicK to 5 | ||
Bates 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.
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