29 Harbor Street

Salem, MA 01970

$899,000
Price
7
Beds
4
Baths
3,155 Sq. Ft.
$285 / Sq. Ft.
3,155
Sq. Ft.
$285
per Sq. Ft.

Description

Fabulous investment opportunity in the heart of Salem offers a unique blend of urban living renowned for its maritime history and vibrant cultural scene. This property features three spacious, separate units, blown-in insulation, many replaced windows, a new heating system & hot water holding tank, new electrical panels, a two-car garage, and lots of parking in a newly replaced and sealed driveway, Whether you are looking to expand your investment portfolio or live in one unit while renting out the...Fabulous investment opportunity in the heart of Salem offers a unique blend of urban living renowned for its maritime history and vibrant cultural scene. This property features three spacious, separate units, blown-in insulation, many replaced windows, a new heating system & hot water holding tank, new electrical panels, a two-car garage, and lots of parking in a newly replaced and sealed driveway, Whether you are looking to expand your investment portfolio or live in one unit while renting out the others, this spacious multi-family property offers an incredible investment potential and a comfortable living space. Shown by appointment. Additional photos are forthcoming.
  1. Listed by Wendy Webber • Coldwell Banker Realty - Marblehead

Property Details for 29 Harbor Street

Town
Salem
Area
MA-Salem
Garage Spaces
2
Parking Spaces
4.00
Parking Spaces Total
6
LISTING UPDATED: 11/22/2024 08:52 AM

Property Details for 29 Harbor Street

StatusNew
MLS #73314993
Days on Market1
Taxes$7,543 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1915
CountyEssex County

Building Information for 29 Harbor Street

Stories6Residences3Year Built1915Building Size-Lot Size0.12 AC / 5,096 SF

Property Information for 29 Harbor Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, House of Worship, Private School, Public School, University
  • Living Area: 3155.0
  • Color: blue
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement Features: Full, Walk Out, Interior Access, Unfinished Basement
  • 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: Laminate, Carpet, Hardwood
  • Interior Features: Pantry, Bathroom With Tub, Storage, Bathroom with Shower Stall, Living Room, Kitchen, Laundry Room, Sunroom
  • Laundry Features: Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Balcony/Deck
  • Exterior Features: Porch
  • Lot Description: Level
  • Patio And Porch Features: Porch
  • Roof Material: Slate
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street, Improved Driveway, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Improved Driveway, Paved Driveway
  • Parking Features: Off-Street, Improved Driveway, Paved Driveway
Utilities
  • Electric: Circuit Breakers
  • Heating: Hot Water
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: rents are significantly under market. Some photos have been digitally altered to remove items
Tax Information
  • Listing Terms: Contract
  • Tax ID: 2135852
  • Assessments: $649,100
  • Book: 33770
  • Tax Year: 2024
  • Zoning: R3
Building / Association Information
Living Characteristics
  • Beds Total: 7
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 1
  • Heat Zones: 2
Income / Expenses
  • Electricity: $606.00
  • Annual Expenses Source: Owner
  • GOI: $63,360.00
  • Gross Scheduled Income: $2,727.00
  • Insurance: $3,007.00
  • GRE: $8,148
  • MGF: $0
  • MSE: $0
  • RFS: $768
  • NOI: $55,212.00
  • Operating Expense: $8,148.00
  • WSE: $1,040.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $5,280.00

Property History for 29 Harbor 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 29 Harbor Street

Taxable ValueLand$153,400Additions$495,700Total$649,100
Tax Record2024$7,543 ($629 / month)
Home Facts
Baths4Total Finished SqFt3,156 SqFtAbove Grade Finished SqFt3,156 SqFtUnfinished Basement SqFt1,236 SqFtStories3Lot Size5,097 SqFtStyleTriplexYear Built1915ZoningR3CountyESSEXAPNSALE M:34 L:0370

Schools near 29 Harbor 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 8
Rating
School
Distance
Horace Mann Laboratory
PublicPK to 5

Bates Elementary School
PublicPK to 5

Carlton Elementary School
PublicK to 5

Saltonstall School
PublicK to 8

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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29 Harbor Street is a multi-family home for sale in Salem, MA 01970. This property was listed for sale on November 21, 2024 by Coldwell Banker Realty - Marblehead, it's currently listed at $899,000. It has been on the market for a total of 1 days and was last sold on June 12, 2013. This listing's school district is Salem School District. Nearby schools include Horace Mann Laboratory, Bates Elementary School and Carlton Elementary School. 29 Harbor Street is a 7-bed, 4-bath, 3,155 sqft multi-family home built in 1915.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Realty - Marblehead, Wendy Webber

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.