68-72 Palmer
68-72 Palmer

68-72 PalmerSalem, Massachusetts

10 baths11768 sqft
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$ 2,050,000
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Marcio Vasconcelos
Marcio Vasconcelos
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Description of 68-72 Palmer

Rare investment opportunity in Salem. This oversized ten (10) unit 4-story red brick building boasts an ideal unit-mix of four (4) one-bedroom, six (6) three-bedrooms with nine (9) surface parking spots and is a total of 14,872 SF. All units feature open floor plans with lots of natural light, Salem Harbor views, large rooms, and laundry facilities on site. Tenants are responsible for separately metered utilities such as heat, hot water, and electric. Located within walking distance to Derby Street and Downtown Salem, the Palmer Street location presents a great opportunity for tenants who work downtown and is only .8 miles from Salem Depot Commuter Rail Station for a 20-minute ride to Boston. 68-72 Palmer Street allows investors an opportunity to acquire a rare oversized 10-unit value-add brick building with 22 bedrooms within a supply-constrained urban dense area in one of the strongest transit-oriented North Shore communities.
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Details

Property Type

Multi-Family

Lot/Acreage

0.14

Year Built

1915

Zip Code

01970

County

Essex

MLS

#73164474

Interior

Master Bath

No

Basement

Yes

Basement Features

Dirt Floor, Partial, Unfinished Basement

Exterior

Road Type

Public

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Frequently Asked Questions for 68-72 Palmer, Salem, MA 01970

How many photos are available for this home?

For this home, we provide a comprehensive gallery featuring 21 high-quality images, showcasing every aspect of the property to give you a detailed perspective.

How much is this home worth?

Based on Home Shift Team data, we estimate the value of the home to be $2,050,000. Determining the worth of a home involves various factors such as location, size, amenities, and market conditions. To provide an accurate estimate, we conduct a thorough analysis tailored to the unique attributes of 68-72 Palmer, Salem, MA 01970.

How many bathrooms does 68-72 Palmer, Salem, MA 01970 have?

With 10 well-appointed bathrooms, 68-72 Palmer, Salem, MA 01970 offers convenience and luxury, catering to the needs of occupants and guests alike.

When was this home built?

Constructed in 1915, this home blends timeless architecture with modern amenities, embodying quality craftsmanship and enduring appeal.

What’s the full address of this home?

The full address for this home is 68-72 Palmer, Salem, MA 01970

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