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Off market
  • $1,118,800

    1 Ropes St, Salem, MA 01970

    8beds
    4,118sqft
    MultiFamily
    Built in 1915
    -- sqft lot
    $1,118,800 Zestimate®
    $272/sqft
    $2,525 Estimated rent

    Home value

    $1,118,800

    $1.03M - $1.23M

    $2,525/mo

    Zestimate® history
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    $2,525/mo

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    $2,525/mo

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    $7,071/mo

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    $7,071/mo

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    What's special

    This rare four family is a great investment property or your next/1031 exchange! It has a fabulous location. It's centrally located to Pickering Wharf, waterfront, museums, shops , stores, restaurants, commuter rail and Salem State University. They are all minutes away. This multi family property boast 20 rooms, 8 bedrooms, and 4 full baths in these spacious 5 room units, with 4118 square feet of total living area. The units all have individual gas and electric meters per unit. The apartments have hardwood floors and pantries in each unit, and individual storage units in the basement. They are all separate furnaces and hot water tanks, and have been replaced in the last couple of years as well. There is a washer dryer hook up in the basement also. The units are fully occupied and they are tenants at will. These rents are currently below market value. So set up your appointment today, 24 to 48 hours needed to schedule showings with tenants.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Gas
    Appliances
    • Included: Dryer, Refrigerator, Washer
    Features
    • Flooring: Hardwood, Linoleum / Vinyl
    Interior area
    • Total interior livable area: 4,118 sqft

    Property

    Features
    • Exterior features: Wood
    Lot
    • Size: 3,484 Square Feet

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1915

    Community & HOA

    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $272/sqft

    Price history

    DateEventPrice
    11/2/2020Listing removed$899,900$219/sqft
    Source: Century 21 North East #72702130 Report a problem
    10/20/2020Pending sale$899,900$219/sqft
    Source: Century 21 North East #72702130 Report a problem
    10/3/2020Price change$899,900-2.7%$219/sqft
    Source: Century 21 North East #72702130 Report a problem
    8/1/2020Listed for sale$924,900+38.9%$225/sqft
    Source: Century 21 North East #72702130 Report a problem
    10/27/2017Sold$666,000$162/sqft
    Source: Agent Provided Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 01970

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,118,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,118,800