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Canceled

4-10 Central Steet, Salem MA 01970

Commercial Sale

Rare offering of one of Salem's Crown Jewels of Investment property. Introducing the 1805 Salem Custom House. This property which was totally renovated in the 1970s by DeIulis Brothers Construction and meticulously maintained by current owners, is in the the heart of Historic Salem's downtown. There are 13 apartments and 5 commercial/retail spaces. The apartments are comprised of 10 one bedroom units and 3 two bedroom units. The commercial spaces mainly cater to Salem's white hot tourism industry. Income and expenses are provided. The property is zoned B5. Note: apartments rents are well under market and all leases for them expire on July 31, 2024.

This home has been viewed 28 times

Last Checked: May 7th, 2024 at 7:17am (Source: MLS PIN #73179884)

General Information for 4-10 Central Steet, Salem MA 01970

Listing ID73179884

Property TypeCommercial Sale

Price$5,300,000

Style

CitySalem

CountyEssex

MLS Area

Neighborhood(s)Ipswich

Garage Parking

ZoningB5

AssociationNo

Year Built1820

Year Built Source

Year Renovated

Year Built Details

Handicap Access / FeaturesNo

Energy Features

Disclosures for 4-10 Central Steet, Salem MA 01970

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

Senior CommunityNo

Special Listing Conditions

For Sale By OwnerNo

Exclusions

Disclosures

Title 5

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based On

Contact Information for 4-10 Central Steet, Salem MA 01970

Agent

Name: Ted Richard

Office

Name: J. Barrett & Company

Phone: 978-468-0046

Exclusive Listing Agent

J. Barrett & Company

Ted Richard

Agent Phone

Office Phone

(978) 468-0046

Text Agent Call Agent Call Office

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                    [name] => MLS29.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73179884&w=1024&h=768&n=29
                    [index] => 29
                    [enabled] => 1
                    [created] => 2024-05-07 07:17:29
                    [modified] => 2024-05-07 07:17:29
                )

[29] => Array
                (
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                    [type] => gallery
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                    [index] => 30
                    [enabled] => 1
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                    [modified] => 2024-05-07 07:17:29
                )

[30] => Array
                (
                    [id] => 7552650
                    [name] => MLS31.jpg
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73179884&w=1024&h=768&n=31
                    [index] => 31
                    [enabled] => 1
                    [created] => 2024-05-07 07:17:29
                    [modified] => 2024-05-07 07:17:29
                )

[31] => Array
                (
                    [id] => 7552651
                    [name] => MLS32.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73179884&w=1024&h=768&n=32
                    [index] => 32
                    [enabled] => 1
                    [created] => 2024-05-07 07:17:29
                    [modified] => 2024-05-07 07:17:29
                )

[32] => Array
                (
                    [id] => 7552652
                    [name] => MLS33.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73179884&w=1024&h=768&n=33
                    [index] => 33
                    [enabled] => 1
                    [created] => 2024-05-07 07:17:29
                    [modified] => 2024-05-07 07:17:29
                )

[33] => Array
                (
                    [id] => 7552653
                    [name] => MLS34.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73179884&w=1024&h=768&n=34
                    [index] => 34
                    [enabled] => 1
                    [created] => 2024-05-07 07:17:29
                    [modified] => 2024-05-07 07:17:29
                )

[34] => Array
                (
                    [id] => 7552654
                    [name] => MLS35.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73179884&w=1024&h=768&n=35
                    [index] => 35
                    [enabled] => 1
                    [created] => 2024-05-07 07:17:29
                    [modified] => 2024-05-07 07:17:29
                )

[35] => Array
                (
                    [id] => 7552655
                    [name] => MLS36.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73179884&w=1024&h=768&n=36
                    [index] => 36
                    [enabled] => 1
                    [created] => 2024-05-07 07:17:29
                    [modified] => 2024-05-07 07:17:29
                )

[36] => Array
                (
                    [id] => 7552656
                    [name] => MLS37.jpg
                    [type] => gallery
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                    [index] => 37
                    [enabled] => 1
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                    [modified] => 2024-05-07 07:17:29
                )

[37] => Array
                (
                    [id] => 7552657
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                    [index] => 38
                    [enabled] => 1
                    [created] => 2024-05-07 07:17:29
                    [modified] => 2024-05-07 07:17:29
                )

)

)

EXIT