23 Arbella St Salem MA 01970 MLS #73287949

23 Arbella St
Salem, MA, 01970
$1,179,000
9 Beds
4.5 Baths
3,782 SqFt
0.12 Acres
$1,179,000
23 Arbella St
Salem, MA, 01970
Incredible investment opportunity in the most desired area of Salem. This large three family home has 2 two bedroom units with 1 bathroom each and one 5 bedroom unit with 2.5 bathrooms and laundry in unit. Units 1 and 2 are made up of mostly hardwood floors with some vinyl. Unit 3 also has a combination of hardwood and vinyl as well as some carpet throughout. Unit 2 which will be delivered vacant has recently been updated with stainless steel appliances, granite countertops and additional upgrades in the bathroom. Units 1 and 3 have exclusive deck space and all three units have off street parking. All utilities and systems are separated. With collins cove and park located at the end of the street, the Salem Common around the corner and commuter rail close by, this is an unbeatable property perfect for either an owner occupant or an investor looking to add to their portfolio. Join us for the open houses Thursday 9/12 from 5-7, Saturday 12-2 or Sunday 12-2pm.

Property Details

Price:
$1,179,000
MLS #:
73287949
Status:
Active Under Contract
Beds:
9
Baths:
4.5
Address:
23 Arbella St
Type:
Multi Family
Subtype:
3 Family
City:
Salem
Listed Date:
Sep 10, 2024
State:
MA
Finished Sq Ft:
3,782
Total Sq Ft:
3,782
ZIP:
01970
Lot Size:
5,401 sqft / 0.12 acres (approx)
Year Built:
1880
Units:
3

Schools

Interior

Bathrooms
4 Full Bathrooms, 1 Half Bathroom
Flooring
Vinyl, Carpet, Hardwood

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Medical Facility, Laundromat, House of Worship, Public School, T- Station, University
Construction Materials
Frame
Exterior Features
Professional Landscaping
Parking Features
Paved Drive, Off Street
Parking Spots
7
Roof
Shingle

Financial

Net Operating Income
$103,200
Tax Year
2024
Taxes
$8,896
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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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23 Arbella St
Salem, MA