40-42 School St, Salem, MA 01970

$550,000
6
BD
2
BA
2,472
SqFt
Sold Price
$550,000
List Price
$599,990
Status
SOLD
MLS#
72992674
Bedrooms
6
Bathrooms
2
Full Baths
2
Living Area
2,472
Lot Size (Acres)
0.08
Year Built
1880

Property Description

OPEN 6/11 from 11:30 a.m. to 1:00 p.m.. VACANT two family in desirable North Salem neighborhood with great income potential. Located on a quiet neighborhood on the corner of School Street and School Street Ct., close to commuter rail and downtown Salem. Perfect to maintain as rental or Condo conversion. First floor Unit has been completely updated (except appliances, fixtures and other minor finishing touches) with kitchen tile, preserved wide plank hardwood, new cabinets and stone counters. Second floor Unit is in need of complete update. Very spacious with potential to add 400-500 sq. ft of attic to 2nd floor unit. Both Units have 3 bedrooms with potential for more. Bring your ideas or the owner is happy to provide his. Updated electric panels (3) and heating system/water tanks. Potential for 4 or more parking spaces, with patio in backyard.

Additional Information

Taxes
$5,891
Interior Features
Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
Parking Description
Off Street
Lot Description
Corner Lot
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Gino Ricciardelli from Listing Office: Foremost Realty.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.