1 Japonica Ave new

Salem,MA 01970

$ 1075000

8 Beds

3.5 Baths

5418 SqFt


Key Details

Property Type Multi-Family

Sub Type 3 Family - 3 Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 5,418 sqft

Price per Sqft $198

MLS Listing ID 73356930

Bedrooms 8

Full Baths 3

Half Baths 1

Year Built 1915

Annual Tax Amount $11,551

Tax Year 2025

Lot Size 0.270 Acres

Property Sub-Type 3 Family - 3 Units Up/Down

Property Description

We are pleased to present this multifamily offering which consists of 3 large units, ample on-site parking, and two garages currently used as parking and storage. The property has been very well maintained but offers investors and end-users future value through cosmetic improvements and activating additional income opportunities. The property is ideally located in a quiet residential neighborhood and is less than a 4-minute drive to downtown and the commuter line MBTA.

Location

State MA

County Essex

Zoning R1

Exterior

Garage Spaces 2.0

Community Features Public Transportation

Building

Lot Description Other

Story 3

Foundation Other

Sewer Public Sewer

Water Public

Others

Acceptable Financing Other (See Remarks)

Listing Terms Other (See Remarks)

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