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Sold for $400,000 on 04/12/24
  • $400,000

    80 Wharf St #K1, Salem, MA 01970

    2beds
    1,100sqft
    Condominium
    Built in 1980
    -- sqft lot
    $424,300 Zestimate®
    $364/sqft
    $3,063 Estimated rent

    What's special

    Explore an excellent investment opportunity in Salem's Pickering Wharf at 80 Wharf St Unit K-1. This charming 2-bedroom, 1-bathroom condo is ideally situated in the picturesque waterfront district. Both investors and owner-occupants will appreciate the turnkey nature of this property, currently tenanted with a reliable 17-year tenant paying market rent. Benefit from stable cash flow and the potential for property appreciation in Salem's thriving rental market if you so choose. With its blend of historic charm and modern amenities, this condo offers a rare chance to secure a hassle-free investment in one of Salem's most sought-after neighborhoods. Please note that interior photos are unavailable due to the tenant's privacy preferences. However, rest assured that the property is in good shape and meticulously maintained for your investment peace of mind. Enjoy occupying or investing in waterfront living in Salem's vibrant community.

    Zillow last checked: 7 hours ago

    Listing updated: April 12, 2024 at 06:56am

    Listed by:

    Sherwood & Company Team,

    Compass,

    Blake Sherwood

    Bought with:

    Team Lillian Montalto

    Lillian Montalto Signature Properties

    Source: MLS PIN,MLS#: 73203890

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Level: Second
    • Area: 156
    • Dimensions: 13 x 12
    Bedroom 2
    • Level: Second
    • Area: 154
    • Dimensions: 14 x 11
    Bathroom 1
    • Level: Second
    Dining room
    • Level: Second
    • Area: 120
    • Dimensions: 12 x 10
    Kitchen
    • Level: Second
    • Area: 144
    • Dimensions: 12 x 12
    Living room
    • Level: Second
    • Area: 286
    • Dimensions: 22 x 13
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Laundry: Second Floor, Washer Hookup
    Features
    • Flooring: Vinyl, Carpet, Laminate
    • Basement: None
    • Has fireplace: No
    • Common walls with other units/homes: End Unit,2+ Common Walls,Corner
    Interior area
    • Total structure area: 1,100
    • Total interior livable area: 1,100 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Off Street, Assigned, Exclusive Parking
    Features
    • Waterfront features: Waterfront, Beach Front, Ocean, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
    Details
    • Parcel number: M:34 L:0408 S:829,2135933
    • Zoning: RES

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Frame, Brick
    • Roof: Shingle
    Condition
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Electric Range, Washer Hookup

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Park, Medical Facility, Bike Path, Conservation Area, Marina, Public School, University
    Location
    • Region: Salem

    HOA & financial

    HOA
    • HOA fee: $294 monthly
    • Services included: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal

    Other

    Other facts
    • Listing terms: Contract
    Services availability
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    Estimated market value

    $424,300