Overview Property Details Payment Calculator Walkability

Withdrawn

301 Essex St, Salem MA 01970

$1,999,000

Estimated $4,825.20/month Calculator

Multi Family

Total Units: 20

Price Per Unit: $99,950

Total Rent: 0/year

Estimated CAP Rate: -0.95%

27 Bedrooms

22 Full, 5 Half Baths

25,000 SqFt

Total Parking: 12

6,177 SqFt

Building to be constructed by buyer. Request for offers for existing Commercial/ Retail storefront brick single story building with 10k +- sq ft PLUS fully approved expansion of mixed use Development. 21 total units in A grade prime location at intersection of Route 114, Es...

This home has been viewed 96 times

Last Checked: April 4th, 2025 at 4:19am (Source: MLS PIN #73323823)

Gross Income: $0

Gross Expenses: $19,006

Net Income Calc: $19,006

CAP Rate: -0.95%

Annual Expenses for 301 Essex St, Salem MA 01970

Total Gross Expenses (Calculated)$19,006/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$19,006

Annual Income & Unit Breakdown for 301 Essex St, Salem MA 01970

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full, 1 Half

Floor2

Levels in Unit2

HeatingNo

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent Includes

Unit 4

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent Includes

General Information for 301 Essex St, Salem MA 01970

Listing ID73323823

Property TypeMulti Family

Price$1,999,000 ($79.96/SqFt)

Style5+ Family - 5+ Units Up/down

CitySalem

CountyEssex

MLS Area

Neighborhood(s)Ipswich

Approximate Living Area Total25,000 SqFt

Approximate Lot Size (Acres)0.14 acres

Total Parking12

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual,To Be Built

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionConcrete Perimeter,Granite

Accessible Features

Outdoor SpaceDeck, Deck - Roof

ZoningB5

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 301 Essex St, Salem MA 01970

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOwner

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$0

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation1%

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 301 Essex St, Salem MA 01970

Real Estate Taxes$19,006

Tax Year2024

Assessed Value$802,300

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$0

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-0.95%

Location Information for 301 Essex St, Salem MA 01970

Elementary School

Middle School

High School

Neighborhood(s)Ipswich

MLS Area

Area AmenitiesPublic Transportation, T-station

Contact Information for 301 Essex St, Salem MA 01970

Agent

Name: Michael Becker

MLS ID: BB809482

Office ID: AC1991

National Association ID: 448553138

Address: 2 School Street Court

City: Salem

State: MA

Zip: 01970

Office

Name: Atlantic Coast Homes,Inc

MLS Office ID: AC1991

Phone: 978-777-4444

Team Members

Name: Charrissa Vitas

MLS ID: CT009543

Office ID: AC1991

National Association ID: 454009206

Phone: 617-838-0042

City: Hathorne

State: MA

Payment Calculator

$13,901.03 per month

30 Years Fixed, 6.75% Interest

Property Taxes $1,583.83

Principal & Interest $12,317.20

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Atlantic Coast Homes,Inc

Michael Becker

Agent Phone

Office Phone

(978) 777-4444

Text Agent Call Agent Call Office

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EXIT

Withdrawn

301 Essex St, Salem MA 01970

$1,999,000

Annual Expenses for 301 Essex St, Salem MA 01970

Annual Income & Unit Breakdown for 301 Essex St, Salem MA 01970

General Information for 301 Essex St, Salem MA 01970

Disclosures for 301 Essex St, Salem MA 01970

Financial Information for 301 Essex St, Salem MA 01970

Location Information for 301 Essex St, Salem MA 01970

Contact Information for 301 Essex St, Salem MA 01970

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Atlantic Coast Homes,Inc

Michael Becker