42.51567 -70.89203

7 Palmer St SALEM, MA 01970

311691969 42.51567 -70.89203 2290 /listing/311691969-150073625/7-palmer-st-salem-ma-01970 False 0 679900.0 3684 105 5 3 72951822 False
  • $679,900
  • 5 bd
  • 3 full ba
  • 3,684 sqft
  • 0.10 lot
  • Est payment $3649.85/mo

Property & Neighborhood Info

Courtesy Of Judith Zissulis, Keller Williams Realty Evolution

Multi-Family in Salem

Great Investment Opportunity: This large, conveniently located 3 family offers many options to a live-in owner or an investor wanting to collect rents and build equity in an up and coming area; or to those interested in potential, future condominium conversion. Rooms are large with nice details, tall ceilings and wood floors. Property has a 2-car garage (in need of total rehab) and 4 car parking and small yard. The property overall is in need of many improvements and is being sold "as is." Limited information available as this is part of an estate. Many details are approximate for that reason. Fully tenanted (2 are TAW) with below market rents; tenants to remain with sale. Buyer to perform own due diligence. First showing will include access to only one-unit and basement. Proof of funds/pre-approval required prior to showing.

Courtesy Of Judith Zissulis, Keller Williams Realty Evolution
  1. 5 Beds
  2. 3 Full Bath
  3. 3,684 Sq. Ft.
  4. 0.10 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1915
  • Full Bath: 3
  • County: ESSEX
  • Taxes: $7,568.00
  • Tax Year: 2022
  • Units: 3
  • Zoning: R3
  • MLS Number:72951822

Additional Features

  • Levels:
    • Three Or More
  • Water Source:
    • City/Town Water
  • Sewer:
    • City/Town Sewer
  • Gross Income:
    • 46080
  • Net Operating Income:
    • 46080
  • CDOM:
    • 238
  • Buyer Agency Compensation:
    • 2%
  • Compensation Based On:
    • Net Sale Price
  • Lot Size Acres:
    • 0.10
  • Lot Size Square Feet:
    • 4225.00
  • Parcel Number:
    • 2135708
  • Rent Amount:
    • 0
  • Sub Agency Relationship Offered:
    • No
  • Transaction Broker Compensation:
    • 1/2%
Neighborhood info courtesy of Homes.com © 2022

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Lester E. Savage, III, CRS, GRI
Lester E. Savage, III, CRS, GRI
Realtor
9 Meriam St. Suite 10 Lexington MA 02420
request more info.
42.51567 -70.89203

7 Palmer St SALEM, MA 01970

311691969 42.51567 -70.89203 2290 /listing/311691969-150073625/7-palmer-st-salem-ma-01970 False 0 679900.0 3684 105 5 3 72951822 False
  • $679,900
  • 5 bd
  • 3 full ba
  • 3,684 sqft
  • 0.10 lot
  • Est payment $3649.85/mo