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36 Endicott Street, Salem MA 01970

$1,495,000

Estimated $3,322/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $249,166.67

Total Rent: 75420/year

Estimated CAP Rate:

6 Bedrooms

Baths

3597

Total Parking: 0

6,500 (0.15)

GROUP SHOWING MONDAY 1/23/2023 FROM 12PM-3PM BY APPOINTMENT ONLY, CALL AGENT DIRECT. Solid 6 Unit Brick "INVESTMENT PROPERTY" located in downtown Salem. There are 6 1 bedroom apartments that all have separate utilities ( 2 year old boilers by gas & individual water tanks ) 6 Gas meters and 7 Electric meters ( all units have sub panels in-unit) The 2 top floor units have been completed renovated from top to bottom ( as shown in photos) There is coin operated laundry in the basement. If your looking for an easy building to run look no further.

This home has been viewed 44 times

Last Checked: May 7th, 2024 at 2:01am (Source: MLS PIN #73072118)

Gross Income: $75,420

Gross Expenses: $10,777

Net Income Calc: $64,643

Water Views

Annual Expenses for 36 Endicott Street, Salem MA 01970

Total Gross Expenses (Calculated)$10,777/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax10777

Annual Income & Unit Breakdown for 36 Endicott Street, Salem MA 01970

Total Gross Income (Calculated)$75,420

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor0

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

LeaseY

Bedrooms1

Bathrooms

Levels in Unit1

Rent Includes

General Information for 36 Endicott Street, Salem MA 01970

Listing ID73072118

Property TypeMulti Family / 5+ Family

Price1495000 ($415.62/SqFt)

Style5-9 Family

CitySalem

CountyEssex

Neighborhood(s)Ipswich

Approximate Living Area Total3597

Approximate Lot Size (Acres)0.15

Total Parking0

Garage Parking0

Year Built1915

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningR2

Water ViewsNo

Water Views Features

Waterfront FeaturesRiver

Terms

Disclosures for 36 Endicott Street, Salem MA 01970

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Belongings

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation0

Compensation Based OnNet Sale Price

Financial Information for 36 Endicott Street, Salem MA 01970

Real Estate Taxes10777

Tax Year2023

Assessed Value$813,400

Financial Data SourceEstimated

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 36 Endicott Street, Salem MA 01970

Neighborhood(s)Ipswich

Area AmenitiesWalk/jog Trails

Contact Information for 36 Endicott Street, Salem MA 01970

Agent

Name: Christopher Blasczak

Office

Name: Liberty Residential Realty, LLC

Phone: 978-434-0074

Payment Calculator

, Interest

Property Taxes 898.08

Principal & Interest 9211.71

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Liberty Residential Realty, LLC

Christopher Blasczak

Agent Phone

Office Phone

(978) 434-0074

Text Agent Call Agent Call Office

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    [unparsed] => 36 Endicott Street, Salem MA 01970
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EXIT

26 More Photos

Closed

36 Endicott Street, Salem MA 01970

$1,495,000

Annual Expenses for 36 Endicott Street, Salem MA 01970

Annual Income & Unit Breakdown for 36 Endicott Street, Salem MA 01970

General Information for 36 Endicott Street, Salem MA 01970

Disclosures for 36 Endicott Street, Salem MA 01970

Financial Information for 36 Endicott Street, Salem MA 01970

Location Information for 36 Endicott Street, Salem MA 01970

Contact Information for 36 Endicott Street, Salem MA 01970

Agent

Office

Payment Calculator

Exclusive Listing Agent

Liberty Residential Realty, LLC

Christopher Blasczak