Multi-Family for Sale: 4 Chase, Salem, MA 01970 SOLD

7 beds
3 full baths
3,420 sqft
$1,000,000
$1,000,000
4 Chase, Salem, MA 01970 SOLD
7 beds
3 full baths
3,420 sqft
$1,000,000
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Selling Price: $1,000,000
Original List Price: $950,000
Sold at 105.3% of list price
Sold Date: 05/14/2024

Type Multi-Family
Beds 7
Total Baths 3 full baths
Square Feet 3,420 sqft
Lot Size 0.17 acres
Year Built 1915

City Salem
County Essex

MLS 73210747
Status Closed
DOM 64 days
Prime Investment Opportunity in Salem! This meticulously maintained 3-family property has been cared for by the same family for generations. Featuring two (2) 2-Bedroom, 1-Bathroom units and one (1) 3-Bedroom, 1-Bathroom unit, this property offers lucrative investment potential. Eight off street parking spots creates the option for added monthly income. All tenants are responsible for their own heat/hw and electric and rents are well below market value. This property can be sold as a package with 2 Chase st and 199-201 Lafayette st to create a 12 unit portfolio with a total of 12 off street parking spots. See attached for income/expenses and rent projections.

Lot & Building Features

Construction Frame
Heating Forced Air, Natural Gas
Sewer Public Sewer
Tax Year 2023
Taxes Paid $7,600
Water Public
Foundation Concrete Perimeter
Roof Shingle
Full Baths 3
Parking Off Street
Total Rooms 12
Garage Spaces 0

Price History of 4 Chase, Salem, MA

Date Name Price Difference
03/11/2024 Listing Price $1,000,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 4 Chase, Salem, MA

Location Map Street View
Photo of Mitchell Zahn
Direct: 603-554-2051
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Little & Co., REALTORS®, Francesca Little
Sold by PRIVI Realty LLC, Johnny Long
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6.75%
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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: Little & Co., REALTORS®

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.