2-4 Howard St Salem, MA 01970
Sold
Listing Courtesy of: MLS PIN / Listed By: Stephen Girolamo, Horvath & Tremblay

  2-4 Howard St Salem, MA 01970

Sold on 08/20/2024
$2,360,000 (USD)
11
BED
11
BATH
4,368
SQFT

Description

The Property contains eleven (11) residential units comprised of two (2), 1-Bedroom/1-Bathroom units, six (6) Studio units, and three (3), 2-Room Studio units. The Property has recently undergone extensive renovations to 10 of the 11 units. The renovated units feature hardwood flooring, granite countertops, white shaker cabinets, and stainless-steel appliances in the kitchens. The bathrooms feature tile flooring and walk-in showers. The property also features new coin-operated laundry machines for the tenants to use. The Landlord is responsible for electricity, heat, hot water, and domestic water and sewer. The Property has a central oil-fired furnace that provides heat and hot water for the units. The opportunity exists to increase rents to market rates in a desirable high demand and supply constrained residential market significantly increasing the income generating potential of the asset.

Sold Date:
08/20/2024
Taxes
$12,438
Lot Size
2,700 SQFT
Type
Multifamily
Year Built
1800
County
Essex County

Listed By

Stephen Girolamo, Horvath & Tremblay
Bought with
Jordan Ryan
Source
MLS PIN
Last checked Jul 28 2026 at 2:29 PM GMT+0000
Bathroom Details
Interior Features
  • Dryer
  • Washer
Lot Information
  • Level
Property Features
  • Fireplace: 0
  • Foundation: Brick/Mortar
Exterior Features
  • Roof: Rubber
  • Roof: Shingle
Utility Information
  • Utilities: Water: Public
  • Sewer: Public Sewer
Parking
  • Total: 1
Stories
  • 3
Living Area
  • 4,368 sqft

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Feb 20, 2024
Listed
$2,600,000
-
-
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