$1,959,000
16-18 Loring Ave
Salem, MA, 01970
Prominent Victorian home with total of 5 units and recent approval for 6th, along with 6 large concrete garages located in the rear of property on Charles Street. This home has been in the same family for over 60 years, has been well maintained, with long term tenants and empty owners unit with plans to split into 2 units. Great detail inside and out, this property boast high ceilings, hardwood floors, detailed fireplace rooms as well as the added income from the 6, 12 x 35′ garages underneath the yard in the rear of the property.
Property Details
Price:
$1,959,000
MLS #:
73338064
Status:
Active
Beds:
9
Baths:
6
Address:
16-18 Loring Ave
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Side by Side
Neighborhood:
South Salem
City:
Salem
Listed Date:
Feb 25, 2025
State:
MA
Finished Sq Ft:
5,998
Total Sq Ft:
5,998
ZIP:
01970
Lot Size:
17,986 sqft / 0.41 acres (approx)
Year Built:
1895
Units:
5
Schools
Interior
Bathrooms
5 Full Bathrooms, 2 Half Bathrooms
Fireplaces Total
4
Flooring
Wood, Tile, Vinyl, Carpet
Exterior
Community Features
Public Transportation, T- Station
Construction Materials
Frame
Parking Features
Off Street
Parking Spots
7
Roof
Shingle
Financial
Tax Year
2025
Taxes
$22,804
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 Tache Real Estate, Inc.. 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.
16-18 Loring Ave
Salem, MA
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