Brought to you by: Pam Cote & Associates - RE/MAX Advantage
100 Cummings Center
Beverly, MA 01915

Phone: (978) 808-9345 Fax: (978) 882-4491
Website: www.pamcote.com
Email: pam@pamcote.com



Salem, MA. 01970
MLS # 71958055
Multi-Family 2 Family - 2 Units Up/Down    
Status Sold
List Price $414,900 Days on Market  
List Date   # Units 2
Sale Price $415,000 # Floors  
Sold Date 7/27/16 Rooms 9
Assessed Value $311,200 Bedrooms 5
Gross Living Area 2,766SF Full Baths  
Lot Size 2,400SF Half Baths  
Taxes $4,877.00 Fireplaces  
Tax Year 2016 Basement Yes
Zoning R2 Waterfront No
Est. Street Front   Beach Nearby No
Year Built 1900 Parking Spaces 2
    Garage Spaces 0
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Great two-family in popular Derby Wharf area! Over $40,000 in updates over the last 18 months. New and updated furnaces, 200 amp electrical upgrade, completely updated bathroom, new flooring, replacement windows, new front and rear decks, and more. Quiet, tree-lined street near the water ferry, Pickering Wharf, and public transportation. Walk to Salem Common. 2 off-street parking spaces, and lots of curb appeal. Fantastic opportunity for a home with income, or a great investment property! Join the North Shore in the beautiful historical city of Salem!


Amenities : Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Marina, Public School, T-Station, University
Basement : Full, Interior Access, Concrete Floor, Unfinished Basement
Construction : Frame
Electricity : Circuit Breakers, 200 Amps
Exterior : Wood, Asbestos
Exterior Feat. : Porch
Flooring : Wood, Tile, Vinyl, Wall to Wall Carpet, Hardwood
Foundation : Fieldstone, Brick
Foundation Size : Irregular
Heating Zones : 2
Hot Water : Natural Gas, Tank
Lead Paint : Unknown
Lot : Paved Drive, Shared Drive, City View(s), Fenced/Enclosed, Level
Parking : Off-Street, Paved Driveway
Road : Public, Paved, Publicly Maint., Sidewalk
Roof : Asphalt/Fiberglass Shingles
Sewer / Water : City/Town Sewer, City/Town Water
Utility Connections : for Electric Range, for Electric Oven, for Gas Dryer
Warranty : No

Unit 1 : Appliances: Range, Refrigerator, Vent Hood; Bedrooms: 1; Cooling: None; Floor: 1; Full Baths: 1; Heating: Hot Water Baseboard, Gas; Interior: Cable TV Available, Tile Floor, Wood Flooring, Bathroom With Tub; Lease: Yes; Levels: 1; Rent: 1175; Rent Includes: Water; Rooms: 3; Rooms Desc.: Living Room, Kitchen
Unit 2 : Appliances: Range, Refrigerator, Vent Hood; Bedrooms: 4; Cooling: None; Floor: 2; Full Baths: 1; Heating: Hot Water Baseboard, Gas; Interior: Cable TV Available, Tile Floor, Wood Flooring, Bathroom with Shower Stall, Wall to Wall Carpet; Lease: Yes; Levels: 2; Rent: 2100; Rent Includes: Water; Rooms: 6; Rooms Desc.: Living Room, Kitchen

Electricity : $120
Expenses Source : Owner Provided
Gross Expenses : $7,097
Gross Oper. Income : $39,300
Insurance : $1,300
Net Oper. Income : $37,080
Water : $800

APOD Available? : Yes
Adult Community : No
Anticipated Sale Date : 07/27/2016
Deed : Book: 33356, Page: 161
Disclosures : Driveway is shared
Foreclosure : No
GLA Source : Appraiser
Off Market Date : 6/10/16
Seller Disclosure Doc : Yes
Short Sale : No
Year Built Desc. : Actual
Year Built Source : Public Record


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