We are pleased to present this multifamily offering which consists of 6 units with a deeded parking lot. 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 a short walk to the South River and Palmer Cove waterfront. The attached parking lot included 20 total spots, 10 of which are on an easement by the neighbor.

Property Details

Price:
$2,136,000
MLS #:
73354024
Status:
Active
Beds:
17
Baths:
6
Address:
69 Harbor Street
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Side by Side
City:
Salem
Listed Date:
Apr 2, 2025
State:
MA
Finished Sq Ft:
6,960
Total Sq Ft:
6,960
ZIP:
02171
Lot Size:
4,225 sqft / 0.10 acres (approx)
Year Built:
1920
Units:
6

Schools

Interior

Appliances
Refrigerator
Bathrooms
6 Full Bathrooms
Heating
Hot Water, Baseboard

Exterior

Community Features
Public Transportation, Walk/ Jog Trails
Exterior Features
Balcony
Parking Features
Off Street, Deeded, Paved
Parking Spots
10

Financial

Tax Year
99
Taxes
$99

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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.,…

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69 Harbor Street
Salem, MA