40 Raymond Avenue

Salem, MA 01979 View Map $770,000 Ask a Question
Beds4
Baths2
Sq.Ft.2,310
Year1920
40 Raymond Avenue in Salem, MA - Century 21 New England  Photo 1
40 Raymond Avenue in Salem, MA - Century 21 New England  Map

Century 21 North East

(800) 844-7653

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Status: Sold
Property Type:Multi Family
MLS #:73046960
Sq. Feet:2,310
Date Sold:12/29/2022
Lot Size:0.14 Acres
County:Essex
Located just behind Salem State University, this well maintained Two Family works well as both an investment property or owner occupied home. Each unit has a private entrance that provides the ultimate in privacy. Outside features 4+ tandem parking spaces, large landscaped yard as well as front and back porches. Tons of details including a beautiful wood staircase and wood flooring throughout. Tall ceilings and an abundance of windows make the units bright and airy. Great location, great property, great opportunity.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
12/31/2022$749,000$770,0002.8%

Community Information

Address:40 Raymond Avenue, Salem, MA 01979
County:Essex
City:Salem
Zip Code:01979

Architecture

Bedrooms: 4
Bathrooms: 2
Year Built:1920
Stories:3
Construction Materials: Frame
Building Area: 2310
Roof: Shingle
Foundation: Stone
Basement: Full
Parking Features: Paved Drive, Off Street, Tandem
Parking Total: 4

Features / Amenities

Interior Features: Unit 1 Rooms(Living Room, Dining Room, Kitchen, Sunroom), Unit 2 Rooms(Living Room, Dining Room, Kitchen, Office/Den, Sunroom)
Appliances: Gas Water Heater, Utility Connections for Electric Dryer
Flooring: Wood
Laundry: Washer Hookup
Patio And Porch: Porch
Total Rooms:12

Property Features

Lot Size: 0.14 Acres
Utilities: for Electric Dryer, Washer Hookup
Sewer: Public Sewer
Water: Public
Electric: Circuit Breakers
Road Frontage: Public
Zoning:R1
Directions:Raymond Road to Raymond Ave. Close to Marblehead line.

Tax and Financial Info

Tax Year: 2022
Tax Annual Amount: $6,648
Current Financing: FHA
Contingency: Financing
Gross Income: $52,800
Net Operating Income: $52,800
Total Actual Rent: $4,400
Buyer Agency Compensation: 2
Transaction Broker Compensation: 2
Buyer Agent Compensation: 2
Disclosures: 2nd unit is being used as 3 bedrooms

Listing Agent/Office

Listing provided courtesy of Merry Fox Team, Merryfox Realty.

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Located just behind Salem State University, this well maintained Two Family works well as both an investment property or owner occupied home. Each unit has a private entrance that provides the ultimate in privacy. Outside features 4+ tandem parking spaces, large landscaped yard as well as front and back porches. Tons of details including a beautiful wood staircase and wood flooring throughout. Tall ceilings and an abundance of windows make the units bright and airy. Great location, great property, great opportunity.

Make this $770,000, 4 bed, 2 bath multi family for sale in Essex County, Salem, MA 01979 at 40 Raymond Avenue your home today by Scheduling A Tour using the form above.  73046960
Listing Information Last Updated 5/28/2023