Eco Friendly
Address
198 Loring Ave Salem, MA
Price
$ 599,000
Property Attributes
  • MLS#72726793
  • TypeMulti-Family
  • CountyESSEX
  • CitySalem
  • Zip01970
  • Style2 Family - 2 Units Up/Down
  • Year Built1900
  • Taxes5735
  • Price$ 599,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms2
  • Sqr Footage2432
  • Lot Size7,405 SqFt
Listing Provided Courtesy Of:
Jeanne Lovely with Armstrong Field Real Estate.
Property Description

Great opportunity on Route 1A in South Salem! A Mixed-Use Property with 2 units, residential & commercial! First unit is a 3-bedroom 1 1/2 bath Townhome, The second unit is an office space that includes a reception area, small conference room, 3 desk working area, kitchenette & 1/2 bath. So many ways to use this property! Live upstairs and rent the downstairs office, live upstairs and have your business downstairs or rent both units for rental income. The Townhome has been freshly painted and has hardwood floors throughout. The office is currently rented. The building is deleaded. Heating systems and hot water service were updated in 2018!

Price History
9/16/2020 Listed $599,000

General Features

Construction Material Frame
Cooling Units 2
Distance to Beach in Miles 1 to 2 Mile
Electrical Equipment/Features 220 Volts, Circuit Breakers
Energy Features Insulated Windows, Insulated Doors
Exterior Features Deck, Deck - Wood, Storage Shed
Flooring Wood, Tile
Full Baths 1
Half Baths 2
Heat Zones 3
Heated Units 3
Levels 3
Parking Features Off-Street
Parking Spaces 6
Roof Asphalt/Fiberglass Shingles
Square Feet 2432.00
State Massachusetts
Unit 1 Rent 1050
Unit 2 Rent 2500

Interior Features

Basement Features Finished
Bedrooms (2) 3
Hot Water Tank, Separate Booster
Total Bedrooms 3
Total Number of Units 2

Exterior Features

Exterior Vinyl
Foundation Poured Concrete
House Color White
Lot Description Corner, Paved Drive, Easements, Level

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 01970

Price
AVG $760K
$600K
Taxes
AVG $7,606
$5,735
Visits
AVG 21
5
Year Built
AVG 1900
1900

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