Salem, MA 01970,12 Palmer
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Salem, MA 01970,12 Palmer
Salem, MA 01970,12 Palmer
Salem, MA 01970,12 Palmer
Salem, MA 01970,12 Palmer

$1,250,000

Est. payment /mo

$1,375,000

9.1%
Est.Price: ?

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12 Palmer Salem, MA 01970

10 Beds

6 Baths

4,032 SqFt

SOLD DATE : 09/11/2024

Key Details

Sold Price $1,250,000

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Sold

Purchase Type For Sale

Square Footage 4,032 sqft

Price per Sqft $310

MLS Listing ID 73260709

Sold Date 09/11/24

Bedrooms 10

Full Baths 6

Year Built 1915

Annual Tax Amount $12,609

Tax Year 2024

Lot Size 2,613 Sqft

Acres 0.06

Property Description

12 Palmer Street is located in Historic Downtown Salem Massachusetts. This beautiful six (6) unit red brick building boasts an ideal unit-mix of three (3) two-bedroom units, two (2) one-bedroom units, and one (1) studio with tandem parking driveway and one (1) garage parking spot. The property has a total gross square footage of 5,995 ± with a rentable square footage of 4,032±, and features laundry on site along with individual locked storage rooms for additional income. All units feature open floor plans with lots of natural light, hardwood floors and ceramic tile in kitchens. The property has undergone recent capital improvements such as a new rubber roof in 2021, recently installed boiler and hot water tank, window replacements, interior and exterior painting, common area LED lighting, and various renovations within the apartments. Located within walking distance to Derby Street and Downtown Salem, the location presents a great opportunity for tenants who work downtown and commute.

Location

State MA

County Essex

Area South Salem

Zoning R3

Direction Lafayette to Palmer Street

Rooms

Basement Full

Interior

Flooring Tile, Varies, Hardwood

Exterior

Garage Spaces 1.0

Community Features Public Transportation, Park

Utilities Available for Gas Range, for Electric Range, Varies per Unit

Waterfront false

Roof Type Rubber

Parking Type Paved Drive, Off Street, Assigned

Total Parking Spaces 2

Garage Yes

Building

Lot Description Corner Lot

Story 6

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by North Shore Realty Advisors
Bought with Sara Pouladian • North Shore Realty Advisors

Lisa Gaglione

Agent | License ID: 9586357

+1(617) 224-8863

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