21 Symonds Street

Salem, MA 01970

$950,000
Price
8
Beds
4
Baths
3,363 Sq. Ft.
$282 / Sq. Ft.
3,363
Sq. Ft.
$282
per Sq. Ft.

Description

Turnkey de-leaded investment property with strong rental income and quality long-term TAW tenants. Spacious Victorian era 3-Family located in convenient North Salem, less than a mile from the Salem MBTA Station and Downtown, and just 2 miles from Rt. 128. Ideal unit mix with two large 5 room / 3 bdrm / 1 bath units and one 4 room / 2 bdrm / 1 bath unit. Tenants pay electric and heat. 1st and 3rd floor units renovated 2019, plus new chimneys and brand new coin-op laundry in basement for extra income....Turnkey de-leaded investment property with strong rental income and quality long-term TAW tenants. Spacious Victorian era 3-Family located in convenient North Salem, less than a mile from the Salem MBTA Station and Downtown, and just 2 miles from Rt. 128. Ideal unit mix with two large 5 room / 3 bdrm / 1 bath units and one 4 room / 2 bdrm / 1 bath unit. Tenants pay electric and heat. 1st and 3rd floor units renovated 2019, plus new chimneys and brand new coin-op laundry in basement for extra income. New front roof in 2020, and added 3rd parking space and new hot water heater for unit 2 (paid by tenant). Exterior features low maintenance vinyl siding, replacement windows, a sweet little front porch and fenced-in back yard. Off-street parking for 3 cars.
  1. Listed by Gary Blattberg • RE/MAX Beacon

Property Details for 21 Symonds Street

Town
Salem
Area
MA-Salem
Style
Garden
Garage Spaces
0
Parking Spaces
3.00
Parking Spaces Total
3

Location

Listing Courtesy of RE/MAX Beacon, Gary Blattberg
Add your commute
LISTING UPDATED: 05/14/2024 03:03 PM

Property Details for 21 Symonds Street

StatusActive
MLS #73234987
Days on Market11
Taxes$8,250 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1890
CountyEssex County

Location

Listing Courtesy of RE/MAX Beacon, Gary Blattberg
Add your commute

Building Information for 21 Symonds Street

Stories6Residences3Year Built1890Building Size-Lot Size0.07 AC / 2,949 SF

Payment Calculator

$5,872 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,185

Property Taxes

$688

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 21 Symonds Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Conservation Area, House of Worship, Private School, Public School, T-Station, University, Sidewalks
  • Living Area: 3363.0
  • Color: Cream/Tan
  • SqFt with Basement: Yes
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Basement Features: Full, Finished, Walk Out, Interior Access, Concrete Floor
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Vinyl, Varies, Pine, Vinyl / VCT
  • Interior Features: Bathroom With Tub & Shower, Remodeled, Upgraded Cabinets, Living Room, Kitchen
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters, Garden
  • Exterior Features: Garden Area
  • Lot Description: Corner Lot
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street, Improved Driveway
  • Open Parking: Yes
  • Parking Features: Off-Street, Improved Driveway
  • Parking Features: Off-Street, Improved Driveway
Utilities
  • Cooling: None
  • Cooling: No
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating: Forced Air, Natural Gas, Individual, Central
  • Heating: Yes
  • Sewage District: SESD
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: 21 Symonds is a 3-family,NOT a 4-family. De-leaded with Letters of Compliance for all 3 units. Washing machine & dryer income of $1450 included in Gross Income.
Tax Information
  • Listing Terms: Other (See Remarks)
  • Tax ID: M:17 L:0311,2129724
  • Assessments: $710,000
  • Book: 37153
  • Tax Year: 2024
  • Zoning: R2
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone
  • Foundation Area: 972.0
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 4
  • Heat Zones: 4
Income / Expenses
  • Electricity: $252.00
  • GOI: $80,650.00
  • Gross Scheduled Income: $861.00
  • Insurance: $3,150.00
  • GRE: $14,580
  • RFS: $756
  • NOI: $66,070.00
  • Operating Expense: $14,580.00
  • WSE: $1,465.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: N
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $6,600.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 1
  • Other Agent Compensation: 1

Property History for 21 Symonds Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 21 Symonds Street

Taxable ValueLand$185,000Additions$525,000Total$710,000
Tax Record2024$8,250 ($688 / month)
Home Facts
Baths4Total Finished SqFt3,074 SqFtAbove Grade Finished SqFt3,074 SqFtUnfinished Basement SqFt1,158 SqFtStories3Lot Size2,949 SqFtStyleMulti-Family Res (5+ Units)Year Built1890ZoningR2CountyESSEXAPNSALE M:17 L:0311

Schools near 21 Symonds Street

This home is within Salem School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - K to 5
Public - K to 5
Rating
School
Distance
Carlton Elementary School
PublicK to 5

Witchcraft Heights Elementary School
PublicK to 5

Horace Mann Laboratory
PublicK to 5

Bates Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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21 Symonds Street is a multi-family home for sale in Salem, MA 01970. This property was listed for sale on May 8, 2024 by RE/MAX Beacon, it's currently listed at $950,000. It has been on the market for a total of 11 days and was last sold on November 14, 2018. This listing's school district is Salem School District. Nearby schools include Carlton Elementary School, Witchcraft Heights Elementary School and Horace Mann Laboratory. 21 Symonds Street is a 8-bed, 4-bath, 3,363 sqft multi-family home built in 1890.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Beacon, Gary Blattberg

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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 or leasing 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 or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.