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MAZURTEAM@COMPASS.COM
PHONE NUMBER
(508) 801-8872
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$3,700,000
50 Days On Site
5 Ropes & 8-10 Porter St CtSalem, MA 01970
For Sale|Multi Family|Pending
34
Beds
12
Full Baths
0
Partial Baths
13,472
SqFt
$275
/SqFt
1915
Built
County:
Essex
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Investors take notice of a rare offering in downtown Salem. 5 Ropes Street and 8-10 Porter Street Court are two adjacent 3-story 6-unit buildings with a total square footage of 19,720± with a rentable square footage of 13,472±. This offering includes twenty (20+) surface parking spots and 6-bay garages for additional income. Both buildings offer investors separately metered utilities, on-site coin-operated laundry facilities, and the opportunity to increase rents to market with minimal capital. The offering is near public transportation, restaurants, and many local amenities within walking distance of the subject properties.
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Listing Snapshot
Price
$3,700,000
Days On Site
50 Days
Bedrooms
34
Inside Area (SqFt)
13,472 sqft
Total Baths
12
Full Baths
12
Partial Baths
N/A
Lot Size
0.4 Acres
Year Built
1915
MLS® Number
73339638
Status
Pending
Property Tax
$28,941
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records
Friends & Family
Recent Activity
| a month ago | Listing updated with changes from the MLS® | |
| a month ago | Status changed to Pending | |
| 2 months ago | Listing first seen on site |
General Features
Acres
0.4
Disclosures
Compensation Offered but Not in MLS
Foundation
Stone
Garage
Yes
Garage Spaces
6
Number Of Stories
5
Parking
PavedShared DrivewayOff Street
Parking Spaces
21
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Above
13472
SqFt Total
13472
Water Source
Public
Zoning
R3
Interior Features
Appliances
Gas Water Heater
Basement
Full
Electric
200+ Amp Service
Flooring
WoodTileVinyl
Window Features
Insulated Windows
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Exterior Features
Construction Details
FrameBrickStone
Lot Features
Level
Roof
ShingleRubber
Windows/Doors
Insulated Windows
Community Features
Community Features
Park
Listing courtesy of Michael McCarthy of North Shore Realty Advisors
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, landlords, 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, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.
Last checked 2025-04-20 12:52 AM UTC
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, landlords, 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, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.
Last checked 2025-04-20 12:52 AM UTC
Neighborhood & Commute
Source: Walkscore
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