Golf Course
Address
21 Symonds St, Salem, MA
Price
$ 950,000
Property Attributes
- MLS#73234987
- TypeMulti-Family
- CountyESSEX
- CitySalem
- Zip01970
- Style3 Family
- Year Built1890
- Taxes$ 8250
- Price$ 950,000
- Bedrooms8
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage3363
- Lot Size3,049 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Turnkey de-leaded investment property with strong rental income and quality long-term TAW tenants. Spacious Victorian era 3-Family located in convenient North Salem, less than a mile from the Salem MBTA Station and Downtown, and just 2 miles from Rt. 128. Ideal unit mix with two large 5 room / 3 bdrm / 1 bath units and one 4 room / 2 bdrm / 1 bath unit. Tenants pay electric and heat. 1st and 3rd floor units renovated 2019, plus new chimneys and brand new coin-op laundry in basement for extra income. New front roof in 2020, and added 3rd parking space and new hot water heater for unit 2 (paid by tenant). Exterior features low maintenance vinyl siding, replacement windows, a sweet little front porch and fenced-in back yard. Off-street parking for 3 cars.
| Price History | |
|---|---|
| 5/8/2024 | Listed $950,000 |
General Features
| Interior Features | Bathroom With Tub & Shower,Remodeled,Upgraded Cabinets,Living Room,Kitchen |
|---|---|
| Sewer | Public Sewer |
| Heating | Forced Air,Natural Gas,Individual,Central |
| Cooling | None |
| Utilities | for Gas Range |
| Roof | Shingle |
| Appliances | Range,Dishwasher,Disposal,Microwave,Refrigerator |
| Exterior Features | Rain Gutters,Garden |
| Zoning | R2 |
| Construction Materials | Frame |
| Year Built | 1890 |
| Electric | Circuit Breakers,100 Amp Service,Individually Metered |
| Property SubType | 3 Family |
| Tax Year | 2024 |
| Gross Income | 80650 |
| Community Features | Public Transportation,Shopping,Park,Walk/Jog Trails,Golf,Medical Facility,Bike Path,Conservation Area,House of Worship,Private School,Public School,T-Station,University,Sidewalks |
| County | Essex |
| Net Operating Income | 66070 |
| Operating Expense | 14580 |
| Insurance Expense | 3150 |
| Property Type | Residential Income |
| Garage Y/N | No |
| Rent Includes | Unit 1(Water,Hot Water),Unit 2(None),Unit 3(Hot Water) |
| Total Rooms | 14 |
| Status | Active |
| Directions | North St,right or left on Symonds. Corner of Chandler St |
| City | Salem |
| Disclosures | 21 Symonds is a 3-family,NOT a 4-family. De-leaded with Letters of Compliance for all 3 units. Washing machine & dryer income of $1450 included in Gross Income. |
| Senior Community Y/N | No |
| Total Units | 3 |
| Lot Size Square Feet | 2949 |
| Waterfront Y/N | No |
| Street Name | Symonds St |
| Year Built Details | Approximate |
| Tax Annual Amount | 8250 |
| Electric Expense | 252 |
| Home Warranty Y/N | No |
| Water Sewer Expense | 1465 |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Public Records |
| Tax Assessed Value | 710000 |
| Total Actual Rent | 6600 |
| Compensation Based On | Net Sale Price |
| Sub-Agency Relationship Offered | No |
Interior Features
| Basement | Full,Finished,Walk-Out Access,Interior Entry,Concrete |
|---|---|
| Flooring | Wood,Vinyl,Varies,Pine,Vinyl / VCT |
| Total Stories | 6 |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Window Features | Insulated Windows |
| Fireplace Y/N | No |
| Full Baths | 4 |
| Total Bedrooms | 8 |
| Total Baths | 4 |
Exterior Features
| Parking Features | Off Street,Driveway |
|---|---|
| Lot Features | Corner Lot |
| Water Source | Public |
| Total Parking | 3 |
| Lot Size Area | 0.07 |
| Foundation Details | Stone |
| Spa | No |
| Building Area Total | 3363 |
| Lot Size Acres | 0.07 |
| Road Surface Type | Paved |
| Lot Size Units | Acres |
| Foundation Area | 972 |
| Road Frontage Type | Public |
| Road Responsibility | Public Maintained Road |
| 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
Taxes
Visits
Year Built
Massachusetts MLS Property Info Network (MLSPIN) - The property listing data and information 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 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
