11 Hancock St Salem, MA

$1,175,000
Beds 4
Baths 4
Square Feet 2,974
Acres 0.09
Photo of 11 Hancock St Salem MA 01970




Description

This well-maintained four-family property consists of four 1-bedroom units, perfectly situated near Salem's commuter rail and Salem State University. Each unit features hardwood floors and abundant natural light. The property includes on-site laundry and off-street parking, rare amenities in this sought-after area.Located just minutes from Salem’s historic downtown, with its rich culture, dining, and entertainment options. With stable rental income and significant potential for growth, this property is an investor's dream. The proximity to major transportation and educational hubs ensures consistent demand year-round. Don't miss your chance to own this exceptional investment in one of Salem’s most desirable locations.


Listed by Herrick Lutts Realty Partners, Herrick Lutts Realty Partners

Details

MLS 73294342
Status Pending
Price $1,175,000
DOM 80 days
Type Multi-Family
Beds 4
Total Baths 4 full baths
Square Feet 2,974 sqft
Lot Size 0.09 acres
Year Built 1917

Lot & Building Features

Construction Frame
Cooling Window Unit(s)
Heating Natural Gas
Sewer Public Sewer
Tax Year 2024
Taxes Paid $9,167
Water Public
Foundation Stone
Interior Features Kitchen, Living Room
Roof Slate
Full Baths 4
Parking Assigned
Total Rooms 16
Basement Feature Full, Interior Entry
Garage Spaces 0

Map

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Financing

$
20%
1%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


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