19 Nichols 01970, Salem
$925,000
4420 SqFt
Size
9
Bedrooms
4
Bathrooms
73594996
Property Id
Description
Fantastic opportunity to own a well-maintained, income producing three-family property in desirable Salem! The Property features spacious units and a versatile layout making it ideal for both owner-occupants and investors looking to generate rental income. The first floor offers four (4) bedrooms spanning two levels while the second floor offers three (3) large bedrooms and two (2) full bathrooms. The vacant third-floor unit features two (2) bedrooms, providing the perfect opportunity for an owner-occupant or an investor looking to secure an additional rental stream. The two occupied units currently generate $7,000 in gross monthly rental income including coin op laundry. Heat and hot water are included in the rents. Four off-street parking spaces add even more convenience and value. With generous living spaces, strong existing rental income, and a vacant unit ready for its next chapter, this is an excellent opportunity to invest in Salem's multifamily market.
Address
Residential Income
ResidentialProperty
3 Family
Sale
1890
14
9
4
4,420 sqft
2,614 sqft
Natural Gas
4
14
9
4
Natural Gas
Full, Finished
$925,000
$925,000
$209
$7,797
2025
$650
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