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Closed

77 Proctor St, Salem MA 01970

$849,900

Estimated $2,120.36/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $424,950

Total Rent: 62400/year

Estimated CAP Rate: 6.29%

7 Bedrooms

3 Full Baths

3,110 SqFt

Total Parking: 2

5,001 SqFt

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 28 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

CAP Rate: 6.29%

Beach Front

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 Tax$8,907

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

Total Gross Income (Calculated)$62,400

Unit 1

Rental Income$2,600

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

Unit 2

Rental Income$2,600

LeaseN

Bedrooms4

Bathrooms2 Full

Floor2

Levels in Unit2

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

General Information for 77 Proctor St, Salem MA 01970

Listing ID73089513

Property TypeMulti Family

Price$849,900 ($273.28/SqFt)

StyleMulti Family

CitySalem

CountyEssex

MLS AreaGallows Hill

Neighborhood(s)Ipswich

Approximate Living Area Total3,110 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking2

Garage Parking

Year Built1915

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual,Renovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame, Stone

Lot Features

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront FeaturesOcean, Beach Front, Beach Ownership(public)

Energy Features

Terms

Disclosures for 77 Proctor St, Salem MA 01970

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$61,200

Total Net Income By Broker$61,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.0

Facilitator Compensation2.0

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 77 Proctor St, Salem MA 01970

Real Estate Taxes$8,907

Tax Year2023

Assessed Value$712,000

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$61,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$61,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.29%

Location Information for 77 Proctor St, Salem MA 01970

Elementary School

Middle School

High School

Neighborhood(s)Ipswich

MLS AreaGallows Hill

Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Public Transportation, T-station, Sidewalks

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 $0

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

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[owner_occupancy_source] => 
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[pasture_area] => None
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[perc_test] => Array
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[perc_test_date] => Unknown
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    [senior_community] => No
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        )

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    [year_built_details] => Actual,Renovated Since
    [year_built_source] => Public Records
    [year_renovated] => 
    [zip] => 01970
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                )

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                )

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                )

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                )

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                )

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                )

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                )

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                )

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                    [modified] => 2024-05-07 04:41:19
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)

)

EXIT