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You are here:
$856,500
2 Unit
5 Beds
3 Baths
2778 SQFT
0.08 Acre
2 Phelps St.
Salem, MA 01970

Property Description

Generous 2 Family, perfect for owner occupancy or income generating investment property! Each unit has 11 year old gas furnaces with central air. Newer roof, 3 car tandem parking, ample basement storage with washer/dryer hookups. The first floor unit features 2 large bedrooms, living room, dining room, full bath and eat in kitchen with alcove. Second unit offers a living room, dining room, full bath, eat in kitchen with alcove and1 large bedroom on the second floor with 2 more bedrooms and half bath on the third. A back deck on each floor overlooks the tree lined yard. The sunny front porches overlook a quiet cul-de-sac. This location set just off of Broad St and is convenient to all that Salem has to offer. Close to Essex St for an easy in and out of Salem and just blocks from downtown shops and restaurants.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 5
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Amenities: Laundromat, Medical Facility, Public Transportation, Shopping
  • Basement Features: Concrete Floor, Full, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Tile Floor
  • Common Appliances: Dishwasher, Dryer Hookup, Range, Refrigerator, Washer Hookup
  • Common Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Common Cooling: Central Air

Financial

  • APOD Available: No
  • Expenses Source: Not Available
  • Gross Operating Income: 36000
  • Net Operating Income: 36000

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Insulated Windows
  • Utility Connections: for Electric Dryer, for Electric Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1920
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73294627
  • Last Updated: 09/26/24
  • Terms: Contract for Deed, Rent w/Option

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
09/25/2024New$856,500$308MLSPIN

Mortgage Calculator

View Breakdown

Map & Resources

Collins Middle School

Public Middle School, Grades: 6-8

0.22mi

Saint James School

School

0.36mi

Saint Josephs School

School

0.48mi

The Phoenix School

Private School, Grades: PK-8

0.53mi

Phoenix

Private School, Grades: K-8

0.54mi

Saltonstall School

Public Elementary School, Grades: K-8

0.55mi

New Liberty Innovation School

Public Secondary School, Grades: 9-12

0.58mi

Salem Prep High School

Public Secondary School, Grades: 8-12

0.59mi

All Souls Lounge

Bar

0.61mi

Bit Bar

Bar

0.62mi

Starbucks

Coffee Shop

0.39mi

Honey Dew

Donut & Coffee Shop

0.49mi

Odd Meter

Coffee Shop. Offers: Vegan, Lactose Free, Vegetarian

0.53mi

Kakawa Chocolate House

Cafe

0.57mi

Lulu's Bakery and Pantry

Cafe

0.59mi

Roseadella’s

Coffee Shop

0.6mi

All Creatures Veterinary Hospital

Veterinary

0.56mi

Day Of the Dog

Pet Grooming

0.72mi

Salem Fire Department

Fire Station

0.22mi

Salem Fire Department

Fire Station

0.48mi

Salem Fire Department

Fire Station

0.84mi

Salem Fire Department - Station 5

Fire Station

1mi

Peabody Fire Department

Fire Station

1.24mi

North Shore Medical Center - Salem Hospital

Hospital

0.26mi

MassGeneral for Children at North Shore Medical Center

Hospital. Speciality: Paediatrics

0.39mi

Salem Police Department

Local Police

0.26mi

The Witch House

Museum

0.39mi

The Salem Museum

Museum

0.48mi

Witch Dungeon Museum

Museum

0.5mi

Witch History Museum

Museum

0.53mi

Peabody Essex Museum

Museum

0.56mi

New England Pirate Museum

Museum

0.63mi

Essex Institute Museum Building

Museum

0.69mi

Salem Witch Museum

Museum

0.74mi

Gasset FItness Center

Fitness Centre

0.84mi

Pool

Swimming Pool

0.87mi

Salem YMCA

Sports Centre

0.41mi

O'Keefe Sports Complex

Sports Centre

0.79mi

Alumni Field

Sports Centre. Sports: Soccer

0.85mi

Broad Street Park

Park

0.13mi

Splaine Park

Municipal Park

0.24mi

High Street Park

Municipal Park

0.26mi

Federal Street District

Park

0.33mi

Riley Plaza

Park

0.36mi

Lafayette Park

Municipal Park

0.4mi

Mansell Park

Municipal Park

0.41mi

Lappin Park

Municipal Park

0.44mi

Olde Salem Greens

Golf Course

0.71mi

Prime Gas Station

Gas Station

0.47mi

Speedway

Gas Station

0.55mi

Sunoco

Gas Station

0.63mi

Speedway

Gas Station

0.67mi

Shell

Gas Station

0.71mi

Salem Public Library

Library

0.28mi

Salem Athenaeum

Library

0.29mi

Health Sciences Library

Library

0.41mi

Witch City Mall

Mall

0.55mi

Daily Table

Supermarket

0.46mi

Crosby's Marketplace

Supermarket

0.53mi

Stop & Shop

Supermarket

0.91mi

CVS Pharmacy

Pharmacy

0.24mi

Walgreens

Pharmacy

0.43mi

Walgreens

Pharmacy

0.43mi

CVS Pharmacy

Pharmacy

0.53mi

Essex St @ Warren St

450
456

0.2mi

Essex St opp Warren St

450
456

0.21mi

Essex St @ Flint St

450
456

0.24mi

Essex St @ Flint St

450
456

0.24mi

Essex St opp Monroe St

450
456

0.28mi

Essex St @ Monroe St

450
456

0.28mi

Opp 30 Highland Ave

450
456

0.29mi

Essex St @ Hamilton st

450
456

0.3mi

Seller's Representative: Sheri Ayers Trocchi, J. Barrett & Company
MLS ID#: 73294627

© 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 2024-09-26 03:30:00

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