Multi-Family for Sale: 28 Fairmount St, Salem, MA 01970 SOLD

6 beds
3 full baths
3,043 sqft
$675,000
$675,000
28 Fairmount St, Salem, MA 01970 SOLD
6 beds
3 full baths
3,043 sqft
$675,000
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Selling Price: $675,000
Original List Price: $699,900
Sold at 96.4% of list price
Sold Date: 01/03/2024

Type Multi-Family
Beds 6
Total Baths 3 full baths
Square Feet 3,043 sqft
Lot Size 0.10 acres
Year Built 1900

City Salem
County Essex

MLS 73182263
Status Closed
DOM 42 days
Investors looking for the best condo conversion project in Salem! Or, Savvy Owner Occupied buyers looking for an incredible house hack, look no further! The project just needs your finishing touches and you have top of the line finished product in a red hot condo market! Recent condo sale comps in the area for finished product are over $500/SF!! Off street parking, proximity to public transit, highways, shopping and business and entertainment, this project checks all the boxes! This is either the most profitable condo conversion a developer will ever have, or the best house hack anyone could ever ask for, don’t miss it! Have the units ready in time for Spring just as rates start rolling back and set a new record for sale price in Salem!

Lot & Building Features

Sewer Public Sewer
Tax Year 2023
Taxes Paid $7,235
Water Public
Foundation Stone
Full Baths 3
Parking Paved Drive
Total Rooms 14
Basement Feature Bulkhead, Walk-Out Access, Unfinished, Full
Garage Spaces 0
Waterfront 1 to 2 Mile To Beach, Ocean, Beach Ownership(Public), Beach Front

Price History of 28 Fairmount St, Salem, MA

Date Name Price Difference
11/22/2023 Listing Price $675,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 28 Fairmount St, Salem, MA

Location Map Street View
Photo of Theresa Martens
Office
PO Box 101
Merrimack, NH 03054
603-384-0070
Listed by eXp Realty, Juan Lopera-Martinez
Sold by Compass, Jeffrey Wallace
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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: eXp Realty

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.