54 Salem Street

Andover, MA 01810

$1,225,000
Last Sold Price
9
Beds
6
Baths
4,738 Sq. Ft.
$259 / Sq. Ft.
4,738
Sq. Ft.
$259
per Sq. Ft.

Description

Take advantage of this Amazing and Rare investment opportunity to own a lovely six (6) unit, multi-family Victorian home in the sought after Phillips Academy area. This fantastic investment property or condo conversion is situated on a beautiful .83 acre lot in one of the most prestigious neighborhoods in Andover. This home is filled with period architectural design details beginning with a covered wrap around porch that leads to an expansive grand foyer boasting its original staircase, beautifully...Take advantage of this Amazing and Rare investment opportunity to own a lovely six (6) unit, multi-family Victorian home in the sought after Phillips Academy area. This fantastic investment property or condo conversion is situated on a beautiful .83 acre lot in one of the most prestigious neighborhoods in Andover. This home is filled with period architectural design details beginning with a covered wrap around porch that leads to an expansive grand foyer boasting its original staircase, beautifully stained glass windows and Victorian millwork. This home's charm and character continue throughout the large and impressive property with original hardwood flooring, high ceilings and ornate fireplaces. Within walking distance to all of the fabulous shops, restaurants and parks that down-town Andover has to offer. Enjoy Andover's Hiking Trails as well as Pomps Pond for seasonal/recreational fun! Andover offers a terrific school system & easy access to the Commuter train/Routes 93 & 495.
  1. Listed by Sherri DiBarri • Hancock Realty Group LLC

Property Details for 54 Salem Street

Town
Andover
Area
MA-Andover
Garage Spaces
0
Parking Spaces
20.00
Parking Spaces Total
20

Location

Listing Courtesy of Hancock Realty Group LLC, Sherri DiBarri

Sold By Coldwell Banker Realty - Andover, Johanna Webster

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

Property Details for 54 Salem Street

StatusSold
MLS #72745255
Days on Market15
Taxes$17,066 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1900
CountyEssex County

Location

Listing Courtesy of Hancock Realty Group LLC, Sherri DiBarri

Sold By Coldwell Banker Realty - Andover, Johanna Webster

Add your commute

Building Information for 54 Salem Street

Stories9Residences6Year Built1900Building Size-Lot Size0.83 AC / 36,320 SF

Payment Calculator

$8,107 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,685

Property Taxes

$1,422

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 54 Salem Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • Current Financing: Other
  • Living Area: 4738.0
  • Color: Brown
  • Total Units: 6
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Location/School
  • Grade School: Bancroft School
  • High School: Andover High
  • Middle School: Doherty School
Features
Interior Features
  • Appliances: Range, Refrigerator, Gas Water Heater
  • Basement Features: Full
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceFeatures: Wood Burning
  • FireplaceYN: Yes
  • Fireplaces: 5
  • Flooring: Wood, Vinyl, Hardwood Floors
  • Interior Features: Internet Available - Fiber-Optic, Mudroom
Exterior Features
  • Construction: Concrete
  • Exterior Features: Balcony, Rain Gutters, Storage Shed, Balcony/Deck
  • Exterior Features: Balcony, Storage Shed, Porch, Deck - Wood, Covered Patio/Deck
  • Lot Description: Level
  • Patio And Porch Features: Porch, Deck - Wood, Covered
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Cooling: None
  • Cooling: No
  • Electric: Circuit Breakers
  • Green Energy Efficient: Varies per Unit
  • Heating: Forced Air
  • 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: Listing agent/seller not responsible for any square footage discrepancy,buyer to do due dilligence. The property will be sold As-Is.
Tax Information
  • Listing Terms: Contract
  • Tax ID: M:00041 B:00050 L:00000,1838021
  • Assessments: $1,137,000
  • Book: 16226
  • Tax Year: 2020
  • Zoning: SRB
Building / Association Information
Living Characteristics
  • Beds Total: 9
  • Total Living Levels: 9
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • Annual Expenses Source: Estimated
  • GOI: $.00
  • NOI: $.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $5,200.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Selling Broker Comp: 2
  • Other Agent Compensation: 1

Property History for 54 Salem Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 54 Salem Street

Taxable ValueLand$610,900Additions$847,900Total$1,458,800
Tax Record2023$19,927 ($1,661 / month)
Home Facts
Baths6Total Finished SqFt4,738 SqFtAbove Grade Finished SqFt4,738 SqFtUnfinished Basement SqFt1,898 SqFtStories2Lot Size36,320 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningSRBCountyESSEXAPNANDO M:00041 B:00050 L:00000

Schools near 54 Salem Street

This home is within Andover School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - 9 to 12
Rating
School
Distance
Bancroft Elementary School
PublicK to 5

Doherty Middle School
Public6 to 8

Andover High School
Public9 to 12

Phillips Academy
Private9 to 12

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.

Listing Courtesy of Hancock Realty Group LLC, Sherri DiBarri

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.