12
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$1,050,000
$969,000 8.4%
Est. payment /mo
8 Beds
4 Baths
4,486 SqFt
Sold on 06/04/2025
11 Ropes St Salem, MA 01970
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Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,486 sqft
Price per Sqft $234
MLS Listing ID 73360416
Sold Date 06/04/25
Bedrooms 8
Full Baths 4
Year Built 1915
Annual Tax Amount $10,327
Tax Year 2025
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type 3 Family
Property Description
Discover the potential of this spacious and well-located multifamily property, offering versatility and strong income potential. Property Features, three large, well-appointed units, generously sized bedrooms in each unit, private driveway plus additional resident street parking. Short walking distance to the commuter rail station, steps from Salem's vibrant downtown shopping and restaurant district. This is a rare opportunity for investors or owner-occupants to own a versatile property with long-term upside. Whether you're looking to generate rental income, create a multi-generational living space, or explore future value-add possibilities, this property offers endless potential.
Location
State MA
County Essex
Zoning R3
Direction Rope Street is a one way off of Canal Street access via Washington Street to Rope Street
Rooms
Basement Finished
Interior
Interior Features Living Room, Dining Room, Kitchen
Exterior
Total Parking Spaces 1
Garage No
Building
Story 3
Foundation Granite
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Law Offices of Bradford Eliot Keene, P.C.
Bought with Joaquin Lemus • Keller Williams Realty Evolution
Bought with Joaquin Lemus • Keller Williams Realty Evolution