21 Nichols St Salem, MA ^$ 549,900

21 Nichols St

^$ 549,900

Back to search

21 Nichols St

Salem, MA, 01970

^$ 549,900

Bedrooms2 Baths2.0 Sq 1,280

Monthly Estimate*

^$ 3,841

21 Nichols St, Salem, MA 01970 - Image 1

21 Nichols St, Salem, MA 01970 - Image 2

21 Nichols St, Salem, MA 01970 - Image 3

21 Nichols St, Salem, MA 01970 - Image 4

21 Nichols St, Salem, MA 01970 - Image 5

21 Nichols St, Salem, MA 01970 - Image 6

21 Nichols St, Salem, MA 01970 - Image 7

21 Nichols St, Salem, MA 01970 - Image 8

21 Nichols St, Salem, MA 01970 - Image 9

21 Nichols St, Salem, MA 01970 - Image 10

21 Nichols St, Salem, MA 01970 - Image 11

21 Nichols St, Salem, MA 01970 - Image 12

21 Nichols St, Salem, MA 01970 - Image 13

21 Nichols St, Salem, MA 01970 - Image 14

21 Nichols St, Salem, MA 01970 - Image 15

21 Nichols St, Salem, MA 01970 - Image 16

21 Nichols St, Salem, MA 01970 - Image 17

21 Nichols St, Salem, MA 01970 - Image 18

Multi-Family Home for sale in Salem, MA

for $549,900 with 2 bedrooms and 2 full baths. This 1,280 square foot home was built in 1961 on a lot size of 0.06.

PRICE REDUCTION DUE TO INTEREST RATES. 2 family house in Witchcraft Heights, Salem, presents an incredible investment opportunity. Rent out both units or live in one and have tenants help with your mortgage. The first floor has been recently updated with a new kitchen, bathroom, and fresh paint, while the second floor features beautifully restored hardwood floors, a modern kitchen with new appliances, and a granite bar countertop. Major updates like a new roof, updated electric system, vinyl siding, separate utilities. Each unit has its own washer and dryer, and there's extra storage space in the basement. With leases ending at different times, you have flexibility in deciding whether to rent out both units or occupy one yourself. It's a fantastic opportunity to own a property in a desirable area of Salem close to commuter rail, downtown and great restaurants and waterfront. Rents are below market. OFFER DEADLINE 4/23 6PM

Multi-Family Contingent

Price

^$ 549,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 6,011

Style

2 Family - 2 Units Up/Down

Lot Size

0.06

Year Built

1961

Town/City

Salem

County/Region

Essex

MLS | Web ID

73219947

List By

Cheryl Colarusso

Listing Agent

Keller Williams Realty Boston Northwest

Broker

Affordability Calculator

$4,342

Per Month

Monthly Principal & Interest: $3,841
Monthly Property Taxes: $501
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends

Multi-family listings in Salem, MA

Average List Price ^$981,780

Percent of Sale Price 79%

About Salem, MA

44,026 Population

9% Since 2002

^$64,141 Median Income

39.51 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

MLS Property Information Network, Inc rules require that you sign in here to see more detail on this property.

Pricing History

Date	Price	Price Change	Description
4/19/2024	$549,900	-4.35%	Price Down
4/10/2024	$574,900	-4.02%	Price Down
4/4/2024	$599,000		Listed Price

Map

More homes like this one

homes for you

See all

21 Nichols St, Salem, MA, 01970 is a Multi-Family Home for sale at $549,900 with 1,280 sqft and a lot size of 0.06. 21 Nichols St has 2 bedrooms, 2.0 baths, and was built in 1961. The property's zip code is 01970 which is in Salem, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 4/30/2024.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

21 Nichols St

Multi-Family Home for sale in Salem, MA

Affordability Calculator

Neighborhood & Schools

Map

More homes like this one

Get more info about this home