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11 Ropes St Salem, MA 01970
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Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,486 sqft
Price per Sqft $234
MLS Listing ID 73360416
Bedrooms 8
Full Baths 4
Year Built 1915
Annual Tax Amount $10,327
Tax Year 2025
Lot Size 3,920 Sqft
Property Sub-Type 3 Family
Property Description
Discover the potential of this spacious and well-located multifamily property, offering versatility and strong income potential. Property Features, three large, well-appointed units, generously sized bedrooms in each unit, private driveway plus additional resident street parking. Short walking distance to the commuter rail station, steps from Salem's vibrant downtown shopping and restaurant district. This is a rare opportunity for investors or owner-occupants to own a versatile property with long-term upside. Whether you're looking to generate rental income, create a multi-generational living space, or explore future value-add possibilities, this property offers endless potential.
Location
State MA
County Essex
Zoning R3
Building
Story 3
Foundation Granite
Sewer Public Sewer
Water Public
Read Less
Bought with Joaquin Lemus • Keller Williams Realty Evolution
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