11 Ropes St Salem MA 01970 MLS #73360416

11 Ropes St
Salem, MA, 01970
$969,000
8 Beds
4 Baths
4,486 SqFt
0.09 Acres
$969,000
11 Ropes St
Salem, MA, 01970
Open House Apr 19, 2025
11:30 – 01:00
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.

Property Details

Price:
$969,000
MLS #:
73360416
Status:
Active
Beds:
8
Baths:
4
Address:
11 Ropes St
Type:
Multi Family
Subtype:
3 Family
City:
Salem
Listed Date:
Apr 16, 2025
State:
MA
Finished Sq Ft:
4,486
Total Sq Ft:
4,486
ZIP:
01970
Lot Size:
4,116 sqft / 0.09 acres (approx)
Year Built:
1915
Units:
3

Schools

Interior

Bathrooms
4 Full Bathrooms

Exterior

Parking Features
Paved Drive
Parking Spots
1

Financial

Net Operating Income
$71,400
Tax Year
2025
Taxes
$10,327
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Courtesy of Martel Real Estate. 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.
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11 Ropes St
Salem, MA