Welcome to 6 River St. Located in the McIntire Historic district, tucked between Federal & Bridge St, this 2 family (2 condo) property that consists of two condominiums that are being sold together. Unit 1 has a large living room with fireplace & wide pine floors, tw...
This home has been viewed 21 times
Last Checked: July 3rd, 2025 at 5:08am (Source: MLS PIN #73398041)
Gross Income: $0
Gross Expenses: $21,737
Net Income Calc: $21,737
CAP Rate: -2.94%
Annual Expenses for 6 River Street, Salem MA 01970
Total Gross Expenses (Calculated)$21,737/year
APOD AvailableYes
Heating$2,808
Electricity$1,018
Water$634
Gas$634
Insurance$4,646
Sewer$634
Trash Removal$525
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$9,298
Annual Income & Unit Breakdown for 6 River Street, Salem MA 01970
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent Includes
General Information for 6 River Street, Salem MA 01970
Listing ID73398041
Property TypeMulti Family
Price$740,000 ($385.82/SqFt)
StyleMulti Family
CitySalem
CountyEssex
MLS AreaMcIntire Historic District
Neighborhood(s)Ipswich
Approximate Living Area Total1,918 SqFt
Approximate Lot Size (Acres)0.09 acres
Total Parking2
Garage Parking
Year Built1850
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesOther
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningB1
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesStorm Window(s)
Terms
Disclosures for 6 River Street, Salem MA 01970
Lead Paint
UFFIUnknown
Living Area Includes BasementNo
Living Area DisclosureThere are 2 Units & 2 Deeds U1 Bk 42116 - p 33
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$11,805
Total Gross Income By Broker$57,840
Total Net Income By Broker$0
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5%
Facilitator Compensation1.5%
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 6 River Street, Salem MA 01970
Real Estate Taxes$9,298
Tax Year2024
Assessed Value$820,000
Financial Data SourceOwner
Total Gross Expenses By Broker$11,805
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$57,840
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-2.94%
Location Information for 6 River Street, Salem MA 01970
Elementary SchoolPublic/Private
Middle SchoolPublic
High SchoolPublic
Neighborhood(s)Ipswich
MLS AreaMcIntire Historic District
Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Bike Path, Public Transportation, Private School, University
Contact Information for 6 River Street, Salem MA 01970