10 Howard Street Salem, MA ^$ 1,699,000

10 Howard Street

^$ 1,699,000

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10 Howard Street

Salem, MA, 01970

^$ 1,699,000

Bedrooms15 Baths7.0 Sq 5,110

Monthly Estimate*

^$ 11,292

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Multi-Family Home for sale in Salem, MA

for $1,699,000 with 15 bedrooms and 7 full baths. This 5,110 square foot home was built in 1900 on a lot size of 0.04.

Fantastic investment opportunity! This licensed lodging house offers 15 units with a total of 24 rooms, boasting 4 private baths and 3 common baths. Conveniently situated near the commuter train station and downtown Salem, tenants enjoy easy access to transportation and amenities. With 2 parking spaces, convenience meets practicality. Recently painted and featuring updated cabinetry, this property is turnkey and ready for new ownership. Possibly convert to regular apartments (many rooms have connecting doorways) or condos (city approval may be required). New furnace was put in 2019. Roof reshingled late spring 2021. Floors just completely refinished. 90% of windows are new. Don't miss out on this lucrative venture! Floor plans available.

Multi-Family Active

Price

^$ 1,699,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 11,088

Style

5+ Family - Rooming House

Lot Size

0.04

Year Built

1900

Town/City

Salem

County/Region

Essex

MLS | Web ID

73240469

List By

The Green Team

Listing Agent

Armstrong Field Real Estate

Broker

Affordability Calculator

$12,216

Per Month

Monthly Principal & Interest: $11,292
Monthly Property Taxes: $924
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% 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.

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Nearby

Trends

Multi-family listings in Salem, MA

Average List Price ^$1,213,233

Percent of Sale Price 29%

About Salem, MA

44,026 Population

9% Since 2002

^$64,141 Median Income

39.51 Median Age

23% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
5/20/2024	$1,699,000		Listed Price

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10 Howard Street, Salem, MA, 01970 is a Multi-Family Home for sale at $1,699,000 with 5,110 sqft and a lot size of 0.04. 10 Howard Street has 15 bedrooms, 7.0 baths, and was built in 1900. 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 6.99% 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 6/16/2024.

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.

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10 Howard Street

Multi-Family Home for sale in Salem, MA

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