CASH COW! Strong cash-flowing 6-unit multifamily investment opportunity in desirable Salem, MA. The property generates approximately $248,724 in gross annual income and a high NOI, offering an attractive cap rate of approximately 8.5%. Based on typical financing assumptions, projected Year-1 cash flow is approximately $64,000 with a healthy DSCR of about 1.46. The building includes six residential units plus additional income from laundry and storage. Conveniently located near MBTA commuter rail with easy access to Boston and Salem’s vibrant downtown, waterfront, restaurants, and retail. Excellent opportunity for investors seeking stable income with long-term upside potential.
7,044 Sq Ft
7,052 Sq Ft Taille du lot
investissement
16 019 $US Taxe annuelle
Intégré 1915
MLS/Identifiant de l'annonce 73484686
3 Histoires
6 Unités
Construction - Frame
Périmètre en béton
Lot - Corner Lot
Parking - Deeded
Porche
Couverture
Shingle
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