Beds5
Baths3
Sq.Ft.3,684
Year1915

Century 21 North East
(800) 844-7653
Status:
Sold
Property Type:3 Family
MLS #:72951822
Sq. Feet:3,684
Date Sold:2/10/2023
Lot Size:0.1 Acres
County:Essex
Great Investment Opportunity: This large, conveniently located 3 family offers many options to a live-in owner or an investor wanting to collect rents and build equity in an up and coming area; or to those interested in potential, future condominium conversion. Rooms are large with nice details, tall ceilings and wood floors. Property has a 2-car garage (in need of total rehab) and 4 car parking and small yard. The property overall is in need of many improvements and is being sold "as is." Limited information available as this is part of an estate. Many details are approximate for that reason. Buyer to perform own due diligence. First showing will include access to only one-unit and basement. Proof of funds/pre-approval required prior to showing.
Detailed Maps
Price Change History
Date | Old Price | New Price | Percent Change |
8/24/2022 | $750,000 | $719,900 | -4% |
11/2/2022 | $719,900 | $679,900 | -5.6% |
2/10/2023 | $679,900 | $615,000 | -9.5% |
Community Information
Address:7 Palmer St, Salem, MA 01970
County:Essex
City:Salem
Zip Code:01970
Architecture
Bedrooms:
5
Bathrooms:
3
Year Built:1915
Stories:6
Building Area: 3684
Foundation: Stone
Garage Yes/No: Yes
Garage Spaces: 2
Parking Features: Paved Drive
Covered Spaces: 2
Parking Total: 4
Features / Amenities
Total Rooms:13
Property Features
Lot Size:
0.1 Acres
Lot Features: Level
Waterfront: Beach Front
Sewer: Public Sewer
Water: Public
Zoning:R3
Directions:One-way street, off Lafayette
Tax and Financial Info
Tax Year: 2022
Tax Annual Amount: $7,568
Current Financing: Conv. Fixed
Contingency: Financing
Buyer Agency Compensation: 2%%
Transaction Broker Compensation: 1/2%%
Buyer Agent Compensation: 2%
Listing Agent/Office
Listing provided courtesy of Judith Zissulis, Keller Williams Realty Evolution.
Schools
Great Investment Opportunity: This large, conveniently located 3 family offers many options to a live-in owner or an investor wanting to collect rents and build equity in an up and coming area; or to those interested in potential, future condominium conversion. Rooms are large with nice details, tall ceilings and wood floors. Property has a 2-car garage (in need of total rehab) and 4 car parking and small yard. The property overall is in need of many improvements and is being sold "as is." Limited information available as this is part of an estate. Many details are approximate for that reason. Buyer to perform own due diligence. First showing will include access to only one-unit and basement. Proof of funds/pre-approval required prior to showing.
Make this $615,000, 5 bed, 3 bath 3 family for sale in Essex County, Salem, MA 01970 at 7 Palmer St your home today by Scheduling A Tour using the form above. 72951822
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Listing Information Last Updated 5/28/2023