Multi-Family for Sale: 81 Summer Street, Salem, MA 01970 SOLD

7 beds
3 full baths
2,690 sqft
$880,000
$880,000
81 Summer Street, Salem, MA 01970 SOLD
7 beds
3 full baths
2,690 sqft
$880,000
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Selling Price: $880,000
Original List Price: $879,000
Sold at 100.1% of list price
Sold Date: 03/15/2024

Type Multi-Family
Beds 7
Total Baths 3 full baths
Square Feet 2,690 sqft
Lot Size 0.11 acres
Year Built 1914

City Salem
County Essex

MLS 73200448
Status Closed
DOM 37 days
Opportunity awaits! Whether you're an investor looking to grow your portfolio, or you're looking to purchase your first multi to live in one of the units while generating rental income, this is the best of both worlds. Unit 1 was just completely renovated. Hardwood floors, quartz countertops, shaker cabinets, stainless appliances. Live in unit 1, and collect rent from unit 2. Or rent unit 1 to generate 7K cash flow per month. Located on the corner of Summer and Prescott street within a quarter mile of The Salem Post Office, Steve's Market, The Derby and much more. Enjoy all that downtown Salem has to offer - Don't miss out! Basement has been completely renovated. New electrical in the last 18 months. Brand new Washer/Dryer coin ops. Brand new exterior decks.

Lot & Building Features

Appliances Dishwasher, Refrigerator, Range, Microwave, Freezer
Sewer Public Sewer
Tax Year 2023
Taxes Paid $8,100
Water Public
Foundation Stone
Exterior Features Rain Gutters
Interior Features Dining Room, Office/Den, Living Room, Kitchen
Roof Slate
Full Baths 3
Total Rooms 14
Basement Feature Full
Garage Spaces 0

Community and Schools

Elementary School Saltonstall
Junior High School Collins
Senior High School Salem

Price History of 81 Summer Street, Salem, MA

Date Name Price Difference
02/07/2024 Listing Price $880,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 81 Summer Street, Salem, MA

Location Map Street View
Photo of Maha Krishnakumar
Direct: 978-430-6552
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Herrick Lutts Realty Partners, Herrick Lutts Realty Partners
Sold by Century 21 North East, Peggy Pratt
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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: Herrick Lutts Realty Partners

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.