Unit Information
Investors take notice of a rare offering in downtown Salem. 5 Ropes Street and 8-10 Porter Street Court are two adjacent 3-story 6-unit buildings with a total square footage of 19,720± with a rentable square footage of 13,472±. This offering includes twenty (20+) surface parking spots and 6-bay garages for additional income. Both buildings offer investors separately metered utilities, on-site coin-operated laundry facilities, and the opportunity to increase rents to market with minimal capital. The offering is near public transportation, restaurants, and many local amenities within walking distance of the subject properties.
- Additional Details
- Status: NEW
- Type: Multi-Family, 5+ Family - 5+ Units Up/Down
- Zip Code: 01970
- Levels: 5
- Parking
- Garage: 6
- Garage Capacity: 6
- Parking: Paved Drive, Shared Driveway, Off Street
- Parking Spaces: 21
- Rooms and Dimensions
- Total Units: 12
- Total Floors: 5
- Total Rooms: 54
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$3,700,000
- Status: New
- Listing ID: 73339638
- Bedrooms: 34
- Full Baths: 12
- Living Area: 13,472 sqft Convert
- Lot Size: 17,611 sqft Convert
- Acres: 0.4
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Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |