We are pleased to present this multifamily offering which consists of 9 units, with on street parking. This deal includes a 2-unit and a 7-unit building, both connected by a well maintained outdoor entranceway. The property has been very well maintained but offers investors ...
This home has been viewed 33 times
Last Checked: July 18th, 2025 at 7:23am (Source: MLS PIN #73366028)
Gross Income: $0
Gross Expenses: $99
Net Income Calc: $99
CAP Rate: -0.01%
Annual Expenses for 8-8.5 Herbert Street, Salem MA 01970
Total Gross Expenses (Calculated)$99/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$99
Annual Income & Unit Breakdown for 8-8.5 Herbert Street, Salem MA 01970
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
General Information for 8-8.5 Herbert Street, Salem MA 01970
Listing ID73366028
Property TypeMulti Family / 5+ Family
Price$1,970,000 ($264.36/SqFt)
Style5-9 Family
CitySalem
CountyEssex
MLS Area
Neighborhood(s)Ipswich
Approximate Living Area Total7,452 SqFt
Approximate Lot Size (Acres)0.06 acres
Total Parking0
Garage Parking
Year Built1850
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesOther
Foundation Area
Foundation DescriptionOther
Accessible Features
Outdoor Space
Zoning99
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront FeaturesOther (see Remarks), Harbor, Beach Ownership(other (see Remarks))
Energy Features
Terms
Disclosures for 8-8.5 Herbert Street, Salem MA 01970
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOther
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 On
Financial Information for 8-8.5 Herbert Street, Salem MA 01970
Real Estate Taxes$99
Tax Year99
Assessed Value$99
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)-0.01%
Location Information for 8-8.5 Herbert Street, Salem MA 01970
Elementary School
Middle School
High School
Neighborhood(s)Ipswich
MLS Area
Area Amenities
Contact Information for 8-8.5 Herbert Street, Salem MA 01970