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$ 1,197,000
$ 1,175,000 1.9%
Est. payment /mo
Sold on 01/22/2025
11 Hancock St Salem, MA 01970
4 Beds
4 Baths
2,974 SqFt
UPDATED:
Key Details
Sold Price $1,197,000
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,974 sqft
Price per Sqft $402
MLS Listing ID 73294342
Bedrooms 4
Full Baths 4
Year Built 1917
Annual Tax Amount $9,167
Tax Year 2024
Lot Size 3,920 Sqft
Property Sub-Type 4 Family
Property Description
This well-maintained four-family property consists of four 1-bedroom units, perfectly situated near Salem's commuter rail and Salem State University. Each unit features hardwood floors and abundant natural light. The property includes on-site laundry and off-street parking, rare amenities in this sought-after area.Located just minutes from Salem's historic downtown, with its rich culture, dining, and entertainment options. With stable rental income and significant potential for growth, this property is an investor's dream. The proximity to major transportation and educational hubs ensures consistent demand year-round. Don't miss your chance to own this exceptional investment in one of Salem's most desirable locations.
Location
State MA
County Essex
Zoning R2
Interior
Heating Natural Gas
Cooling Window Unit(s)
Exterior
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat
Roof Type Slate
Building
Lot Description Corner Lot
Story 4
Foundation Stone
Sewer Public Sewer
Water Public
Listed by Herrick Lutts Realty Partners
Bought with Christopher Blasczak • Liberty Residential Realty, LLC
Bought with Christopher Blasczak • Liberty Residential Realty, LLC
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