Turnkey 8-unit investment opportunity in Salem. The Property consists of two four-family buildings deeded together, totaling eight (8) 2-bedroom units, along with 10 off-street parking spaces. Heat and hot water are included in rent. The property has been extensively updated, featuring renovated kitchens and baths with granite countertops and stainless steel appliances, updated electrical, a new roof on the Harbor Street building, and new insulation in both attics and walls. Additional highlights include basement storage and a clean, well-maintained condition, making this an ideal opportunity for investors seeking a low-maintenance, stabilized asset with upside through future rent optimization. See attached for the OM with detailed financials.
6,656 Sq Ft
0.22 Private Acres Lot Size
investment
$16,240 Annual Tax
Built in 1960
MLS/Listing ID 73490150
2 Stories
8 Units
Shingle
Community - Public Transportation
Construction - Frame
Natural Wood
Concrete Perimeter
Heating - Oil
Lot - Corner Lot
Parking - Off Street
TOTAL MONTHLY COST
$0
$0
$0