$1,959,000 ($326.61 per sqft)

Est. Mortgage $9,522/mo *

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16-18 Loring Ave, Salem, (South Salem), MA, 01970

16-18 Loring Ave, Salem, (South Salem), MA, 01970
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25 rooms

9 beds

5 Full / 2 Half baths

1895

5,998 sqft

Prominent Victorian home with total of 5 units and recent approval for 6th, along with 6 large concrete garages located in the rear of property on Charles Street. This home has been in the same family for over 60 years, has been well maintained, with long term tenants and empty owners unit with plans to split into 2 units. Great detail inside and out, this property boast high ceilings, hardwood floors, detailed fireplace rooms as well as the added income from the 6, 12 x 35' garages underneath the yard in the rear of the property.

Status:

Active

Town:

Salem

Type:

Multi-family

Units:

5

Zoning:

R2

Garage:

6-car

Basement:

Full

Levels:

10

Parking:

7-car, Off Street

Acreage:

0.41

Est. Taxes:

$22,804

Assessment

$2,010,900

Construction

Frame

Utilities

Varies per Unit

Lot Description:

Level

Amenities:

Public Transportation, T-Station

MLS #:

73338064

Compensation Based On:

Net Sale Price

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Matthew Power, 1 Percent Realty, LLC Phone: 978-265-0318