Pending
Under Agreement
10 Howard Street
Salem MA, 01970
$1,395,000
$272.99 per sqft
Pending
Under Agreement
15 Beds
7 Baths
5,110 sqft
Multi-family
Built in 1900
Fantastic investment opportunity! Posibility of turning the licensed lodging house into regular apartments (with city approval) or use as short-term rentals (AirBnB) according to city solicitor. It currently 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 as a rooming house. Possibly convert to regular apartments (many rooms have connecting doorways) or condos (city approval required). Newer furnace was put in 2019. Roof reshingled late spring 2021. Floors just completely refinished. Most windows are newer. Don't miss out on this possible lucrative venture! Floor plans online. Gross income is projected and not actual. Buyers to perform due diligence.
73240469
MLSⓇ ID
May 20, 2024
Listed
December 18, 2024
Updated
Map
10 Howard Street
Salem MA, 01970
Interior Features
Total Stories
11
Bedrooms
15
Total Bathrooms
7
Full Bathrooms
7
Interior Features
Kitchen, Laundry Room, Living Room
Floor Description
Wood
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.04 Acres
Sewer
Public Sewer
Other Property Details
Taxes
$11,088
Tax Frequency
Annually
Days on Market
153
Garage
No
Parking
Paved Drive
Parking Total
1
View
No
County
Essex
Water Source
Public
Pool
No
Zoning
R2
Listing History
Date | Event | Price |
|---|---|---|
10/28/2024 | Pending | — |
10/22/2024 | Price change | $1,395,000 -1% |
10/17/2024 | Active | — |
10/9/2024 | Pending | — |
9/25/2024 | Price change | $1,399,000 -7% |
9/3/2024 | Price change | $1,499,000 -7% |
7/24/2024 | Active | — |
7/16/2024 | Under contract | — |
7/9/2024 | Price change | $1,598,900 -1% |
6/25/2024 | Price change | $1,599,000 -6% |
Courtesy of Armstrong Field Team, Aluxety
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Data last updated 7:11 PM UTC, 12/18/2024
