Properties


Property Description

Great investment opportunity located next-door to Pickering Wharf. The property includes 2 all-brick multi-family buildings with 6 units in each. Units in building 46-44 are all 3 bedrooms and units in 50-48 are 2 bedrooms. Take advantage of rising property values and the increasing rental income of downtown Salem. Buildings are fully tenanted and have been family owned and maintained for over 18 years. Renovations of the property have been completed during this time. Unfinished private basement with working half bath provides opportunity for a workshop, storage space or future laundry room for new owner. Owner is also listing the units to be sold separately- see individual listings for details. Please see the document attached for income/expenses and a rent roll. Open house by appointment only- 9/12 between 10-2pm.

Address
Salem
MA
01970
Essex
44-50
Ward Street
Features
: Partial , Concrete Floor , Full
: On Street Without Permit
: Other (see Remarks)
Additional Info
10/25/2021 10:27:00

Multi-family

44-50 Ward Street, Salem, Massachusetts, MA 01970

  • Bedrooms : 30
  • Full Bathrooms : 12
  • Square Footage: 13,266 Sqft
$2,975,000
Basic Details
Office Name : North Shore Realty Pros
Ref ID : 72891839
Property Type : Multi-family
Listing Type : For Sale
Price : $2,975,000
Bedrooms : 30
Rooms : 9
Full Bathrooms : 12
Square Footage : 13,266 Sqft
Year Built : 1920
Lot Area : 0.18 Acre
Listing Status : Pending
Agent info
RE/MAX Innovative Properties
Contact Agent