$2,099,900

House for sale Salem
Property photo number 1 of 16 Photos for Property. File  104376929_29_8fd53e323a63b707ce1cde858c813c0b.jpeg

Overview

SUMMARY: Discover an opportunity with this Salem house for sale and available for $2,099,900. This could be your next ideal home or a smart investment. More details await.
MAJOR PRICE IMPROVEMENT! CASH COW! Strong cash-flowing 6-unit multifamily investment opportunity in desirable Salem, MA. The property generates approximately $248,724 in gross annual income and over $200,000 in NOI. Featuring a rare and highly desirable unit mix of four spacious
4-bedroom, 1-bath units and two generously sized 3-bedroom, 1-bath units, the property benefits from strong rental demand and stable income potential. Additional income is generated through on-site laundry and storage. Conveniently located near the MBTA Commuter Rail with easy access to Boston and Salem's vibrant downtown, waterfront, restaurants, shopping, and entertainment. Excellent opportunity for investors seeking immediate cash flow, strong in-place income, and long-term upside potential.
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Details

  • Beds: 19
  • Baths: 6
  • Price: $2,099,900
  • Reference No.: 94194739
  • Area: 7,044 sqft

Location

Marketed by:

  • Elsa Liu
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