5 Herbert St, Salem, MA 01970

$635,000
2
BD
2
BA
1,786
SqFt

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Sold Price
$635,000
List Price
$625,000
Status
SOLD
MLS#
73506256
Bedrooms
2
Bathrooms
2
Full Baths
2
Living Area
1,786
Lot Size (Acres)
0.04
Year Built
1864

Property Description

EASY TO OWN - Well-Maintained 2-Unit Apartment Building in a Prime Location. An investment opportunity in an area tenants love. This well-kept 2-unit property features two one-bedroom apartments and additional finished attic space. Just moments from the train, Derby Wharf, Salem Common, Peabody-Essex Museum, and downtown shops and restaurants, making it highly desirable for renters. Property Features: Coin-op laundry in the basement, individual FHW gas heating units (installed within the last 5 years), tandem parking for 2 cars, plus on-street permit parking, newer carpets, and replacement of some windows, skylights, and a Juliet balcony on the third floor. FOR THE SMART BUYER looking to invest in a property with strong rental appeal and long-term potential. Showings by appointment only, beginning on Saturday 1pm-3pm. Please allow 48 hours for responses to Offers. Seller reserves the right to accept an Offer at any time.

Additional Information

Taxes
$8,406
Interior Features
Laundry Room, Bathroom With Tub & Shower, Living Room, Kitchen
Parking Description
Off Street, Tandem, On Street
Lot Description
Level
Water
Public
Sewer
Public Sewer

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Listing courtesy of Listing Agent: Tina McManus from Listing Office: J. Barrett & Company.

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