10 Howard Street
$1,395,000
15
7
5,110
5,110
$273
Under Agreement
Description
Fantastic investment opportunity! Posibility of turning the licensed lodging house into regular apartments (with city approval) or use as short-term rentals (AirBnB) according to city solicitor. It currently offers 15 units with a total of 24 rooms, boasting 4 private baths and 3 common baths. Conveniently situated near the commuter train station and downtown Salem, tenants enjoy easy access to transportation and amenities. With 2 parking spaces, convenience meets practicality. Recently painted and...Fantastic investment opportunity! Posibility of turning the licensed lodging house into regular apartments (with city approval) or use as short-term rentals (AirBnB) according to city solicitor. It currently offers 15 units with a total of 24 rooms, boasting 4 private baths and 3 common baths. Conveniently situated near the commuter train station and downtown Salem, tenants enjoy easy access to transportation and amenities. With 2 parking spaces, convenience meets practicality. Recently painted and featuring updated cabinetry, this property is turnkey and ready for new ownership as a rooming house. Possibly convert to regular apartments (many rooms have connecting doorways) or condos (city approval required). Newer furnace was put in 2019. Roof reshingled late spring 2021. Floors just completely refinished. Most windows are newer. Don't miss out on this possible lucrative venture! Floor plans online. Gross income is projected and not actual. Buyers to perform due diligence.
- Listed by Armstrong Field Team • Aluxety
- Listed by Jim Armstrong • Aluxety
Property Details for 10 Howard Street
Town
Salem
AreaMA-Salem
Garage Spaces0
Parking Spaces1.00
Parking Spaces Total1
LISTING UPDATED: 01/13/2025 12:52 PM
Property Details for 10 Howard Street
Status | Under Agreement |
---|---|
MLS # | 73240469 |
Days on Market | 153 |
Taxes | $11,088 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 5+ Family - 5+ Units Up/Down |
Year Built | 1900 |
County | Essex County |
Building Information for 10 Howard Street
Stories11Residences15Year Built1900Building Size-Lot Size0.04 AC / 1,668 SF
Property Information for 10 Howard Street
Property History for 10 Howard Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 10 Howard Street
Taxable ValueLand$178,800Additions$775,400Total$954,200
Tax Record2024$11,088 ($924 / month)
Home Facts
Baths5Total Finished SqFt5,110 SqFtAbove Grade Finished SqFt5,110 SqFtUnfinished Basement SqFt1,432 SqFtStories4Lot Size1,668 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningR2CountyESSEXAPNSALE M:35 L:0151
Schools near 10 Howard Street
This home is within Salem School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | PK to 5 | |||
Public - | K to 5 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Horace Mann Laboratory PublicPK to 5 | ||
Bates Elementary School PublicPK to 5 | ||
Witchcraft Heights Elementary School PublicK to 5 | ||
Carlton 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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