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7 Palmer St Salem , MA 01970

$7,500

You save 1% of the purchase

5 bed | 3 bath | 3,684sqft | $3,696 est. monthly cost

$750,000

List Price

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Home Information

13 Rooms

5 Bedrooms

3 Bathrooms

4 Parking

Great Investment Opportunity: This large, conveniently located 3 family offers many options to a live-in owner or an investor wanting to collect rents and build equity in an up and coming area; or to those interested in potential, future condominium conversion. Rooms are large with nice details, tall ceilings and wood floors. Property has a 2-car garage (in need of total rehab) and 4 car parking and small yard. The property overall is in need of many improvements and is being sold "as is." Limited information available as this is part of an estate. Many details are approximate for that reason. Fully tenanted (2 are TAW) with below market rents; tenants to remain with sale. Buyer to perform own due diligence. First showing will include access to only one-unit and basement. Proof of funds/pre-approval required prior to showing.

  • Property type

Multi-family

  • # of Bedrooms

5

  • # of Bathrooms

3

  • # Number of Units

3

  • Year Built

1915

  • Size

3,684

  • Lot Size

4,225

  • HOA

None

  • Basement

Yes

  • Heating

  • Total Parking

4

  • Roof Material

Unavailable

  • Flooring

Unavailable

Certain information contained herein is derived from information provided by parties other than Nuhom.co. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
*Savings is based on eligible homes, purchase price, and cooperative commission rate. 

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