Salem, MA 01970,99 North St
Salem, MA 01970,99 North St
Salem, MA 01970,99 North St
$1,100,000
Est. payment /mo
$999,000
10.1%
Est.Price: ?

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5,866 SqFt
SOLD DATE : 09/13/2024

Key Details

Sold Price $1,100,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 5,866 sqft

Price per Sqft $187

MLS Listing ID 73267058

Sold Date 09/13/24

HOA Y/N false

Year Built 1890

Annual Tax Amount $9,802

Tax Year 2024

Lot Size 4,356 Sqft

Acres 0.1

Property Description

Here's your chance to invest in a prime piece of real estate poised to generate substantial income and build wealth over time. This highly visible commercial building is situated on a coveted corner lot, just half a mile from the communal rail, offering both convenience and high foot traffic. This mixed-use building features two four-bedroom residential units and two retail spaces, with a projected monthly gross income of $14,040 and a net of $90,322 annually. Located minutes from historical sites, top restaurants, shops, and Salem Harbor, this property is in the heart of a thriving community. Enjoy high foot traffic and excellent exposure, making it ideal for both residential and commercial tenants. Invest in this gem and secure a steady income stream in a vibrant, growing market.

Location

State MA

County Essex

Zoning B1

Direction Use GPS

Exterior

Utilities Available Public Water, Public Sewer

Waterfront false

Roof Type Rubber

Total Parking Spaces 6

Others

Senior Community false

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Listed by Churchill Properties
Bought with Kevin Johnson • Realty20

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John Woodman

+1(978) 457-9179

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