Discover the potential of this oversized 6-family property located at 17-23 Palmer St. Each unit boasts ample space, with four (4) large 3-4 bedroom, 1 bath units, and two (2) spacious 3 bedroom, 1 bath units. With 6-7 off-street parking spots, this property offers convenience and accessibility for both tenants and landlords alike. Landlord is responsible for Heat and some HW. Tenants pay their own electric. Rents are below market. See attached OM for rent roll (including pro forma) and detailed incomes/expenses.
Property Details
Price:
$2,000,000
MLS #:
73215172
Status:
Pending
Beds:
19
Baths:
6
Address:
17-23 Palmer
Type:
Multi Family
Subtype:
5-9 Family
City:
Salem
Listed Date:
Mar 21, 2024
State:
MA
Finished Sq Ft:
7,044
ZIP:
01970
Lot Size:
7,052 sqft / 0.16 acres (approx)
Year Built:
1915
Schools
Interior
Bathrooms
6 Full Bathrooms
Heating
Hot Water, Natural Gas
Exterior
Parking Features
Off Street
Parking Spots
6
Roof
Shingle
Financial
Buyer Agent Compensation
2%
Tax Year
2023
Taxes
$10,657
Map
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CRP: Certified Relocation Professional CRS: Certified Residential Specialist GRI: Graduate of Realtors Institute CBR: Certified Buyers Representative BSBA: Bachelor of Science in Business Administration. Babson College 1979 MBA: Master of Business Administration. Babson College 2002 James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…
More About JamesCourtesy of Little & Co., REALTORS®. 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.
17-23 Palmer
Salem, MA
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