Views - Fixer Upper - Eco Friendly
Address
17 Dow St, Salem, MA
Price
$ 1,150,000
Property Attributes
  • MLS#73234660
  • TypeMulti-Family
  • CountyESSEX
  • CitySalem
  • Zip01970
  • Style4 Family
  • Year Built1935
  • Taxes$ 8451
  • Price$ 1,150,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3680
  • Lot Size3,920 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Introducing a 4-family property on a corner lot with plenty of parking space! The cozy first floor units consist of one and two bedrooms, offering potential for increased rental income. The second-floor unit serves as the owner's residence featuring an open-concept layout with main and formal living room which could be transformed to a third bedroom. It has enclosed porch and laundry. The third-floor unit features a spacious kitchen, three bedrooms, and an enclosed porch. Outside, the fenced-in backyard provides a cozy retreat, complemented by a double driveway, a two-car garage with a side door entrance, and an attached shed. Full spacious basement with separate utilities, gas heating systems and hot water tanks for efficiency. Conveniently located just minutes from the city center, restaurants, the ocean, parks, schools, and public transportation. Don't miss the opportunity to own this rare property!

Elementary School Middle School High School
Saltonstall Elementary School Collins Middle School Salem High
Price History
5/8/2024 Listed $1,150,000

General Features

Sewer Public Sewer
Utilities for Gas Range,for Electric Range,for Gas Oven,for Electric Oven,for Electric Dryer,Washer Hookup,Varies per Unit
Roof Shingle
Zoning R3
Garage Spaces 2
Patio/Porch Features Enclosed
Construction Materials Frame
Year Built 1935
Electric Circuit Breakers
View City
Property SubType 4 Family
Tax Year 2024
Gross Income 92820
Waterfront Features Beach Front,Harbor,Ocean,3/10 to 1/2 Mile To Beach,Beach Ownership(Public)
Community Features Public Transportation,Shopping,Tennis Court(s),Park,Walk/Jog Trails,Medical Facility,Laundromat,Bike Path,Highway Access,House of Worship,Marina,Public School,T-Station,University
County Essex
Net Operating Income 92820
Operating Expense 2500
Property Type Residential Income
Energy Efficient Varies per Unit
Garage Y/N Yes
Other Structures Shed(s)
Total Rooms 20
Status Active
Directions 1A Lafayette Street to Dow Street
High School Salem High
City Salem
Disclosures Sold as is. The 2nd floor unit is occupied by the owner and the rent listed for this unit is estimated. Units on the 1st floor could potentially rent for more. 3 out of 4 units have lead compliance (
View Y/N Yes
Senior Community Y/N No
Total Units 4
Lot Size Square Feet 4021
Waterfront Y/N No
Street Name Dow St
Elementary School Saltonstall
Year Built Details Actual,Unknown/Mixed
Tax Annual Amount 8451
Home Warranty Y/N No
Middle/Junior High School Collins
Water Sewer Expense 2500
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 727300
Total Actual Rent 7735
Compensation Based On Net Sale Price
Sub-Agency Relationship Offered No

Interior Features

Basement Full,Bulkhead,Concrete
Flooring Tile,Laminate,Hardwood
Total Stories 7
Window Features Insulated Windows
Fireplace Y/N No
Full Baths 4
Laundry Features Electric Dryer Hookup,Washer Hookup
Total Bedrooms 8
Total Baths 4

Exterior Features

Fencing Fenced
Parking Features Off Street,Paved
Lot Features Corner Lot
Water Source Public
Total Parking 6
Lot Size Area 0.09
Foundation Details Block,Stone
Spa No
Building Area Total 3680
Lot Size Acres 0.09
Lot Size Units Acres
Covered Spaces 2
Door Features Insulated Doors,Storm Door(s)
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 01970

Price
AVG $1.02M
$1.15M
Taxes
AVG $9,013
$8,451
Visits
AVG 86
185
Data Provided by Inside Real Estate®
Year Built
AVG 1886
1935