Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Closed

77 Proctor St, Salem MA 01970

$849,900

Estimated $2,120/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $424,950

Total Rent: 62400/year

Estimated CAP Rate:

7 Bedrooms

Baths

3110

Total Parking: 2

5,001 (0.11)

Location Location!Absolutely Gorgeous 2 family with 3 levels of living space & 3100+Sqft.Both units recently renovated with Style & Class.Beautiful kitchens & baths.1st floor unit has 1350 sqft,6 rooms,3 bedrooms,1 new bathroom,livingroom,formal diningroom,new kitchen with cherry cabinets,SS appliances & quartz counters.2nd floor unit has 2 levels with nearly 2000 sqft,8 rooms,4 bedrooms,2 full bathrooms,livingroom,formal diningroom & office/den/sitting area on 3rd level with fabulous premier bedroom.Other features for both units include:-Hardwood floors,High ceilings,lots of natural light,tiled bathrooms,Gas heating & gas stoves,good closet space,2 laundry units,Storage in basement,front&back decks/porches with trek decking,all newer windows,gutters,downspouts,HW tanks,unit 2 deleaded,nice yard,2 off st parking & easy St Pkg.Salem hospital at the end of St,Playround a block away,On Busline to Boston & less 1 mile to commuter rail & Downtown Salem.A Gem..OH 3/23..5-6.30p & 3/25..12-2pm

This home has been viewed 49 times

Last Checked: May 7th, 2024 at 4:41am (Source: MLS PIN #73089513)

Gross Income: $62,400

Gross Expenses: $8,907

Net Income Calc: $53,493

Water Views

Annual Expenses for 77 Proctor St, Salem MA 01970

Total Gross Expenses (Calculated)$8,907/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8907

Annual Income & Unit Breakdown for 77 Proctor St, Salem MA 01970

Total Gross Income (Calculated)$62,400

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms2 Full

Floor2

Levels in Unit2

Rent IncludesHeat

General Information for 77 Proctor St, Salem MA 01970

Listing ID73089513

Property TypeMulti Family

Price849900 ($273.28/SqFt)

StyleMulti Family

CitySalem

CountyEssex

MLS AreaGallows Hill

Neighborhood(s)Ipswich

Approximate Living Area Total3110

Approximate Lot Size (Acres)0.11

Total Parking2

Garage Parking0

Year Built1915

Year Built SourcePublic Records

Year Built DetailsActual,Renovated Since

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningR2

Water ViewsNo

Water Views Features

Waterfront FeaturesRiver

Terms

Disclosures for 77 Proctor St, Salem MA 01970

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Personal Property.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.0

Facilitator Compensation2.0

Compensation Based OnNet Sale Price

Financial Information for 77 Proctor St, Salem MA 01970

Real Estate Taxes8907

Tax Year2023

Assessed Value$712,000

Financial Data Source

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 77 Proctor St, Salem MA 01970

Neighborhood(s)Ipswich

MLS AreaGallows Hill

Area AmenitiesWalk/jog Trails

Contact Information for 77 Proctor St, Salem MA 01970

Agent

Name: Maureen Mulrooney

Office

Name: RE/MAX Unlimited

Phone: 617-566-0300

Payment Calculator

, Interest

Property Taxes 742.25

Principal & Interest 5236.81

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Unlimited

Maureen Mulrooney

Agent Phone

Office Phone

(617) 566-0300

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.11 acres (5,001 SqFt)
    [add_date] => 2024-05-07 04:41:10
    [address] => Proctor St
    [agent] => Array
        (
            [address] => 501 Belmont Street
            [city] => Watertown
            [id] => BB981814
            [name] => Maureen Mulrooney
            [national_association] => 449507489
            [office] => AN8327
            [state] => MA
            [zip] => 02472
        )

[apod_available] => Array
        (
            [0] => No
        )

[appliances] => Array
        (
            [0] => Range
        )

[approx_living_area_total] => 3110
    [approx_lot_size_acres] => 0.11
    [approx_lot_size_sqft] => 5001
    [assessed_value] => $712,000
    [association] => 
    [association_fee] => Array
        (
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => 0
    [basement] => Array
        (
            [0] => Full
        )

[bathrooms] => 
    [bedrooms] => 7
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Public Records
        )

[building_management] => Array
        (
        )

[building_debug] => 
    [building_id] => 
    [building_parent] => 0
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 2.0
    [buyer_agent_id] => CN240200
    [buyer_office_id] => AC0342
    [c_style] => Array
        (
        )

[c_type] => Array
        (
            [0] => Multi Family
        )

[cap_rate] => 
    [city] => Salem
    [community_features] => Array
        (
            [0] => Walk/jog Trails
        )

[compensation_based_on] => Array
        (
            [0] => Net Sale Price
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
            [0] => Frame
        )

[construction_status] => 
    [cooling] => Array
        (
            [0] => 1
            [1] => Split
        )

[cooperating_agent_commission] => Array
        (
        )

[county] => Essex
    [cultivation_acres] => 
    [date_available_note] => 
    [deposit_amount] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => Location Location!Absolutely Gorgeous 2 family with 3 levels of living space & 3100+Sqft.Both units recently renovated with Style & Class.Beautiful kitchens & baths.1st floor unit has 1350 sqft,6 rooms,3 bedrooms,1 new bathroom,livingroom,formal diningroom,new kitchen with cherry cabinets,SS appliances & quartz counters.2nd floor unit has 2 levels with nearly 2000 sqft,8 rooms,4 bedrooms,2 full bathrooms,livingroom,formal diningroom & office/den/sitting area on 3rd level with fabulous premier bedroom.Other features for both units include:-Hardwood floors,High ceilings,lots of natural light,tiled bathrooms,Gas heating & gas stoves,good closet space,2 laundry units,Storage in basement,front&back decks/porches with trek decking,all newer windows,gutters,downspouts,HW tanks,unit 2 deleaded,nice yard,2 off st parking & easy St Pkg.Salem hospital at the end of St,Playround a block away,On Busline to Boston & less 1 mile to commuter rail & Downtown Salem.A Gem..OH 3/23..5-6.30p & 3/25..12-2pm
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
            [0] => 220 Volts
        )

[electric_expense] => Array
        (
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => 
    [entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
            [0] => All Personal Property.
        )

[exterior_features] => Array
        (
            [0] => Porch
        )

[facilitator_compensation] => 2.0
    [fee_paid_by_tennant] => 
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
            [0] => Tile
        )

[for_sale_by_owner] => 
    [foundation_area] => 
    [foundation_materials] => Array
        (
        )

[frontage_length] => 
    [full_baths] => 
    [garage_parking] => 0
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
        )

[gross_income] => Array
        (
        )

[half_baths] => 
    [handicap_access] => 
    [heating] => 
    [heating_expense] => Array
        (
        )

[high_school] => 
    [horse_features] => Array
        (
            [0] => River
        )

[horse_permitted] => 
    [hot_water] => Array
        (
        )

[id] => 
    [insurance_expense] => Array
        (
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
            [0] => French Doors
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2024-05-07 04:41:10
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => Array
        (
        )

[levels_in_unit] => 
    [living_area] => 
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
        )

[management_expense] => Array
        (
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
        )

[mls_area] => Gallows Hill
    [mls_id] => 73089513
    [neighborhoods] => Ipswich
    [net_income_calc] => 53493
    [net_operating_income] => Array
        (
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 2
    [office] => Array
        (
            [id] => BB5153
            [name] => RE/MAX Unlimited
            [phone] => 617-566-0300
        )

[operating_expense] => Array
        (
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
            [0] => 1
        )

[pasture_area] => 
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => 
    [pet_policy] => Array
        (
            [0] => Allowed
        )

[phone] => 
    [pool_features] => Array
        (
        )

[price] => 849900
    [price_per_sqft] => 273.28
    [price_per_unit] => 424950
    [private_pool] => 
    [property_sub_type] => Array
        (
            [0] => Multi Family
        )

[real_estate_tax] => 8907
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
            [0] => Heat
        )

[repair_maintenance_expense] => Array
        (
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
            [0] => Asphalt/fiberglass Shingles
        )

[rooms] => 14
    [schools] => 
    [senior_community] => 
    [sewer] => Array
        (
            [0] => Public Sewer
        )

[sewer_expense] => Array
        (
        )

[short_sale] => Array
        (
        )

[special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Closed
        )

[street_number] => 77
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 1
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 1
    [tax_year] => 2023
    [team] => 
    [team_agents] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => 
    [title_5] => 
    [total_gross_expense] => 8907
    [total_gross_income] => 62400
    [total_parking] => 2
    [trash_expense] => Array
        (
        )

[travel_routes] => 
    [uffi] => Array
        (
        )

[unit_1_bathrooms] => 1 Full
    [unit_1_bedrooms] => 3
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => N
        )

[unit_1_levels] => 1
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 2 Full
    [unit_2_bedrooms] => 4
    [unit_2_floor] => 2
    [unit_2_lease] => Array
        (
            [0] => N
        )

[unit_2_levels] => 2
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 
    [unit_3_bedrooms] => 
    [unit_3_floor] => 
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => 77 Proctor St, Salem MA 01970
    [utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
            [0] => Public
        )

[water_expense] => Array
        (
        )

[water_views] => Array
        (
            [0] => No
        )

[water_views_features] => Array
        (
        )

[waterfront] => 
    [waterfront_features] => Array
        (
            [0] => River
        )

[raw] => 
)

EXIT

39 More Photos