The Mitchell Team | Berverly Real Estate, Salem Real Estate, Gloucester Real Estate

11 Hersey Street, Salem, MA 01970  

South Salem
Multi-Family
$599,000
Price
3
Units
2,181
Approx. GLA
Here is a GREAT investment opportunity in a convenient South Salem location! This property offers three units - which include 2 One-bedroom units on the first floor and the third unit occupies the entire second floor with three bedrooms. Features include mostly new windows, updated baths, hardwood floors on the first level, 8 yr old Roof, 5 yr old water heaters with 15 yr warranty, Full basement, Separate entrances and utilities (except water/sewer) for all units - all electric. Low maintenance vinyl exterior, driveway recently paved and long-term tenants in place! This is a Super chance to get into the market with help from rental income - showings are limited, so call today to schedule!!
Open House
No scheduled Open Houses
Highlights
Area/Village: South Salem
Basement Features: Full
List Price: $599,000
Type: Multi-Family
Multi-Family Type: 3 Family
Status: Under Agreement
Beds: 5
Baths: 3
Units: 3
Year Built: 1965
Approx. GLA: 2,181
MLS#: 72802462
Interior
Basement: Yes
Cooling Units: See Details Now
Cooling Zones: See Details Now
Electricity Cost: See Details Now
Electric Features: See Details Now
Heating Units: See Details Now
Heating Zones: See Details Now
Flooring: See Details Now
Energy: See Details Now
Fireplaces: See Details Now
Hot Water: See Details Now
Rooms: 11
Green Certification: See Details Now
Lead Paint: See Details Now
Total Floors: 2
UFFI: See Details Now
Exterior
Water: See Details Now
Facing: See Details Now
Acres: 0.11
Lot Size: 4,901.00
Lot Description: See Details Now
Foundation: See Details Now
Foundation Size: See Details Now
Waterfront: See Details Now
Waterview Feat.: See Details Now
Garage Spaces: See Details Now
Parking Spaces: 4
Parking Features: See Details Now
Road Type: See Details Now
Color: See Details Now
Construction: See Details Now
Roof Material: See Details Now
Utility: See Details Now
Exterior: See Details Now
Exterior Features: See Details Now
Sewer/Water: See Details Now
Water: See Details Now
Water: See Details Now
Sewage District: See Details Now
Taxes
Short Sale Lender Approval: See Details Now
Title 5: See Details Now
Lender Owned: No
APOD Available: See Details Now
Assessed Price: $470,400
Taxes: $6,492
Tax Year: 2021
Book/Page: See Details Now
Zoning: See Details Now
Warranty Available: See Details Now
School
Grade School: See Details Now
Middle School: See Details Now
High School: See Details Now
Beach
Beach: See Details Now
Miles to Beach: See Details Now
Beach Description: See Details Now
Beach Ownership: See Details Now
Expenses
Expenses Source: See Details
Gross Income: See Details
Gross Expenses: See Details
Total Rent: See Details
Net Income: See Details
Gas Cost: See Details
Heat Cost: See Details
Insurance Cost: See Details
Management Cost: See Details
Refuse Cost: See Details
R&M Cost: See Details
Sewer Cost: See Details
Water Cost: See Details
Misc. Cost: See Details
 
Additional
Amenities: See Details Now
Exclusions: See Details Now
Disclosure Declaration: See Details Now
Disclosure: See Details Now
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 3 1 0 1 1 0 No 1 $990
Unit 2 3 1 0 1 1 0 No 1 $935
Unit 3 5 3 0 2 1 0 No 1 $1,119
Units Extras
Unit 1
Rent Includes:  Water  Applicances:  Range, Refrigerator, Washer, Dryer  Heating:  Electric Baseboard  Interior:  Hardwood Floors  Rooms:  Living Room, Kitchen 
Unit 2
Rent Includes:  Water  Applicances:  Range, Refrigerator  Heating:  Electric Baseboard  Interior:  Hardwood Floors  Rooms:  Living Room, Kitchen 
Unit 3
Rent Includes:  Water  Applicances:  Range, Refrigerator, Vent Hood  Heating:  Electric Baseboard  Interior:  Hardwood Floors  Rooms:  Living Room, Kitchen 
Map
Area Sales
Similar Listings
The listing office is Keller Williams Realty and the listing agent is Pam McKee Team. The property listing data and information, or the images, 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, and the images, 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 may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/18/2018 2:44:00 PM.