Property Description
Investor's dream in North Salem! This meticulously maintained 1915 triple-decker offers over 3,400 sq ft of living space with massive 1,000-1,220 sq ft footprints. Each unit features flexible 2-3 bed layouts, high ceilings, and separate, gas heating systems - no oil conversion needed! Units are clean and well kept but dated, providing a perfect "sweat equity" path to market-rate appreciation. Seller is in receipt of Letters of Compliance for Units 2, 3, & common areas. Unbeatable commuter location: just 0.7 miles to the Salem MBTA Depot and minutes from vibrant downtown. Exterior features off-street parking for 3+ cars, a large basement for tenant storage, and a level backyard. Unit 2 occupied at a legacy rate ($1,100/mo); Notice to Quit served. Whether you're looking for a stable buy-and-hold or a potential conversion, 39 Mason delivers. Sold as-is As seen. Buyers and their agents to do their own due diligence. Located in a flood zone. Private showings by appointment.
Overview
Property Type
Multi-family
Location
39 Mason St, Salem, MA 01970
Zoning
I
MLS ID
73506068
Listing Last Updated
Property Features & Amenities
Interior
Total Bedrooms
8
Full Bathrooms
3
Flooring
Vinyl, Carpet
Appliances
Range, Refrigerator
Other Interior Features
Living Room, Dining Room, Kitchen, Family Room, Sunroom
Exterior
Stories
3
Water Source
Public
Roof
Shingle
Lot Features
Level
Parking
Paved Drive, Off Street, Paved
Heat Type
Central, Forced Air, Natural Gas
Air Conditioning
None
Sewer
Public Sewer
Substructure
Stone
Other Exterior Features
Balcony/Deck
Details
Total Area
3,419 Sq.Ft.
Financial
Price
$969,000
Real Estate Tax
$9,702/yr
Exclusive Listing Agents