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Image 1 - 10 Howard St, Salem, Massachusetts, 01970 - House for sale
Image 2 - 10 Howard St, Salem, Massachusetts, 01970 - House for sale
Image 3 - 10 Howard St, Salem, Massachusetts, 01970 - House for sale
Image 4 - 10 Howard St, Salem, Massachusetts, 01970 - House for sale
Image 5 - 10 Howard St, Salem, Massachusetts, 01970 - House for sale
Image 6 - 10 Howard St, Salem, Massachusetts, 01970 - House for sale
Image 7 - 10 Howard St, Salem, Massachusetts, 01970 - House for sale
Image 8 - 10 Howard St, Salem, Massachusetts, 01970 - House for sale
Image 9 - 10 Howard St, Salem, Massachusetts, 01970 - House for sale
Howard St, Salem, Home For Sale
10 Howard St, Salem, Massachusetts, 01970

Howard St, Salem, Home For Sale

house for sale
Listed: 07/27/24

10 Howard St, Salem, Massachusetts, 01970

15 Bed:
7 Bath:
5,110 Sq Ft Living Area:
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Price
$ 1,6M

About This House

Back-up offers are welcome ! Fantastic investment opportunity! This licensed lodging house offers 15 units with a total of 24 rooms, boasting 4 private baths and 3 common baths. Conveniently situated near the commuter train station and downtown Salem, tenants enjoy easy access to transportation and amenities. With 2 parking spaces, convenience meets practicality. Recently painted and featuring updated cabinetry, this property is turnkey and ready for new ownership. Possibly convert to regular apartments (many rooms have connecting doorways) or condos (city approval may be required). New furnace was put in 2019. Roof reshingled late spring 2021. Floors just completely refinished. mOST windows are newer. Don't miss out on this lucrative venture! Floor plans available . seller may finance the sale with 30 %+ Down payment and great credit .

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Salem Housing & Living

Average sale prices for houses

4+ bed
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In July 2024, the asking price for 4 bed houses for sale in/near Salem, United States averaged $786,570, staying on the same level compared to the previous month.
Median price trends for properties for sale in Salem, United States as of July 2024.

Household Income

Median household income: $65,528
Number of households: 18,294
The average household income in Salem, MA grew from $61,093 to $65,528 in the past year. This data is an estimate based upon 18,294 households in Salem, MA.
The chart below presents how household income is distributed in Salem, MA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Salem, MA compared to median property taxes around the country. The prevalent amount of property taxes in Salem, MA equals $3k+ , which is more than the national average.