About 8-10 & 5 Porter St Ct & Ropes Portfolio
5 Ropes Street and 8-10 Porter Street Court are two adjacent 3-story, 6-unit buildings with a total square footage of 19,720± and a rentable square footage of 13,472±. This offering includes twenty (20+) surface parking spots and 6-bay garages currently generating substantial income. Both buildings offer investors separately metered utilities, on-site coin-operated laundry facilities, and storage units per apartment for additional income. Investors will hedge any risk with multiple revenue streams within one investment opportunity. The offering is within walking distance of public transportation, restaurants, and many local amenities.
Features of 8-10 & 5 Porter St Ct & Ropes Portfolio
| MLS® # | 73528048 |
|---|---|
| Price | $4,200,000 |
| Bedrooms | 34 |
| Bathrooms | 12.00 |
| Full Baths | 12 |
| Square Footage | 13,472 |
| Acres | 0.40 |
| Year Built | 1915 |
| Type | Residential Income |
| Sub-Type | 5+ Family - 5+ Units Up/Down |
| Status | Active |
Community Information
| Address | 8-10 & 5 Porter St Ct & Ropes Portfolio |
|---|---|
| City | Salem |
| County | Essex |
| State | MA |
| Zip Code | 01970 |
Amenities
| Utilities | for Gas Range, for Electric Range, Varies per Unit |
|---|---|
| Parking Spaces | 27 |
| Parking | Off Street, Assigned |
| # of Garages | 6 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 3 |
| Stories | 3 |
Exterior
| Lot Description | Level |
|---|---|
| Windows | Insulated Windows |
| Roof | Shingle, Rubber |
| Construction | Brick, Stone |
| Foundation | Stone, Brick/Mortar |
Additional Information
| Zoning | R3 |
|---|
Listing Details
| Agent | Dan Pouladian |
|---|---|
| Office | North Shore Realty Advisors |