Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

73 Essex

Salem, MA ID #73273671

This listing is pending agreement.

Property Description

Discover a fantastic investment opportunity with this beautiful two-family home conveniently located near Salem’s vibrant shops, restaurants, and cultural attractions. Enjoy easy access to public transportation and major roadways, making this property a highly desirable location for tenants and homeowners alike. The first-floor unit boasts high ceilings, a recently renovated kitchen and bath, radiant floor heating, and modern appliances. The second floor offers two comfortable bedrooms and a newer kitchen. The partially finished third floor adds versatility with its four additional rooms. Set on a generous quarter acre lot with potential for significant expansion, this property combines contemporary upgrades with future growth possibilities. Enjoy the benefits of passive income with the potential for strong rental yields from the well-maintained units. Current owners have been using the second floor unit as a Airbnb grossing 50k/year.

Additional Details

  • Status: CTG
  • Type: Multi-Family, Multi Family
  • Zip Code: 01970
  • Taxes: 9,089
  • Living Levels: 3
  • Acres: 0.26

Parking

  • Parking: Off Street
  • Parking Spaces: 3

Rooms/Dimensions

  • Total Units: 2
  • Total Floors: 3
  • Total Rooms: 13

Location

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Francesca Little of Little & Co., REALTORS®. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.