Multi-Family for Sale: 10 Howard Street, Salem, MA 01970

15 beds
7 full baths
5,110 sqft
$1,395,000
$1,395,000
10 Howard Street, Salem, MA 01970
15 beds
7 full baths
5,110 sqft
$1,395,000
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Price:
$1,395,000
$4,000 - 10/22/2024

Type Multi-Family
Beds 15
Total Baths 7 full baths
Square Feet 5,110 sqft
Lot Size 0.04 acres
Year Built 1900

City Salem
County Essex

MLS 73240469
Status Pending
DOM 215 days
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.

Lot & Building Features

Construction Frame
Heating Natural Gas
Sewer Public Sewer
Tax Year 2024
Taxes Paid $11,088
Water Public
Foundation Other
Interior Features Kitchen, Living Room, Laundry Room
Full Baths 7
Parking Paved Drive
Total Rooms 24
Basement Feature Bulkhead, Interior Entry, Full
Garage Spaces 0
Waterfront 1/2 to 1 Mile To Beach, Beach Front

Price History of 10 Howard Street, Salem, MA

Date Name Price Difference
10/22/2024 Price Adjustment $1,395,000 0.29%
09/25/2024 Price Adjustment $1,399,000 6.67%
09/03/2024 Price Adjustment $1,499,000 6.25%
07/09/2024 Price Adjustment $1,598,900 0.01%
06/25/2024 Price Adjustment $1,599,000 5.89%
05/20/2024 Listing Price $1,699,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 10 Howard Street, Salem, MA

Location Map Street View
Photo of Janet Gillis
Janet Gillis
REALTOR®
Direct: 339-933-0932
Office
Marshfield, MA
339-933-0932
Listed by Aluxety, Team Field Team
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10 Howard Street (MLS #73240469) is a multi-family listing located in Salem, MA. This multi-family listing is 5,110 sqft and on a lot of 1,668 sqft (or 0.04 acres) with 15 bedrooms, 7 baths and is 124 years old. This property was listed on 05/20/2024 and has been priced for sale at $1,395,000.

Nearby zip codes are 01830, 01915, 01945, 01960 and 09170. This property neighbors other cities such as Beverly, Danvers, Marblehead, Peabody and Swampscott.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Aluxety

The property listing data and information 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 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 its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.