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You are here:
54 Days on Boston Pads
15 Photos
$2,850,000
4 Unit
7 Beds
4 Baths
3348 SQFT
0.03 Acre
170 Salem Street
Boston, MA 02113

Property Description

Introducing 170 Salem Street—an EXTRAORDINARY 4-unit establishment perfectly positioned along Boston's revered Historical Freedom Trail. This remarkable property presents a RARE opportunity to own three residential units consisting of TWO GENEROUSLY-SIZED 3Bed/1Bath units, and ONE OVERSIZED 1Bed/1Bath Unit. The ground-level space is presently tenanted and operating as a thriving Convenience Store. Rental rates listed begin as of September 1, 2024 and remain in effect until August 31, 2025, with all Leases securely in place till then. The Commercial Space (Triple Net) Lease extends until December 2027 (Lease Terms available upon request). STRONG investment opportunity for immediate rental income or a tremendous potential VALUE-ADD opportunity for investors to maximize rent and square footage after renovation. Embrace the boundless possibilities awaiting at 170 Salem Street! Buyers to do their own due diligence.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 10
  • Total Bedrooms: 7
  • Total Full Baths: 4

Financial

  • APOD Available: Yes
  • Gross Operating Income: 152496
  • Net Operating Income: 125653

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Floors: 4
  • Levels: 1

Construction

  • Year Built: 1899
  • Type: 4 Family
  • Foundation Info: Concrete Block
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73261716
  • Last Updated: 07/13/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
07/13/2024Active$2,850,000$851MLSPIN
07/09/2024New$2,850,000$851MLSPIN
11/11/2023Expired$2,993,000$894MLSPIN
11/06/2023Temporarily Withdrawn$2,993,000$894MLSPIN
08/15/2023Active$2,993,000$894MLSPIN
08/11/2023New$2,993,000$894MLSPIN

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Seller's Representative: Sandra Ventresca, Greenway Realty Group, LLC

© 2024 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-07-13 03:05:00

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