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.
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
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