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 Dimensione del lotto
investimento
16.019 USD Imposta annuale
Costruito in 1915
MLS/ID annuncio 73484686
3 Storie
6 Unità
Construction - Frame
Perimetro in calcestruzzo
Lot - Corner Lot
Parking - Deeded
Portico
Coperto
Shingle
COSTO MENSILE TOTALE
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