Looks can be deceiving... Nestled at the end of a quiet cul-de-sac of single-family homes, this wonderful two-family property awaits. Custom-built by its one owner, it offers flexibility and incredible income potential. The two-unit property consists of 3 bedrooms and 2 baths on the left side, and 2 bedrooms 1 full and 1 1/2 bath on the right. Previously the owner's residence, the larger left side features a spacious living room, a first-floor flexible family room or 3rd bedroom, a cheerful, sunny kitchen, and a large deck overlooking the beautiful yard. There is a detached 2-car garage with overhead storage, plus 1 bay underneath, offering potential for renting or personal use. Enjoy picking your own apples and pears, planting a garden, and savoring the sights and sounds of nature on just under 2 private acres. Incredibly convenient to all Salem has to offer, current estimates suggest this property can produce a 7% CAP RATE for the right investor. You can live on one side and rent the other to help pay down your mortgage, or it's a perfect situation for families to live side by side!
Closed
Zillow last checked:
Listing updated:
Bought with:
Michael Page
LAER Realty Partners/Chelmsford
Source: PrimeMLS,MLS#: 4969650
Price history
| Date | Event | Price |
|---|---|---|
| 10/16/2023 | Sold | $775,000+3.3%$265/sqft |
Source:  PrimeMLS #4969650 Report a problem | ||
| 9/20/2023 | Contingent | $750,000$256/sqft |
Source: PrimeMLS #4969650 Report a problem | ||
| 9/12/2023 | Listed for sale | $750,000$256/sqft |
Source: PrimeMLS #4969650 Report a problem | ||
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Estimated market value
$846,500
