About 364-366 Essex Street
364-366 Essex Street contains one (1) 2-Bedroom/1-Bathroom unit, five (5) 1-Bedroom/1-Bathroom units, one (1) 2-Room Studio unit, and two (2) Studio units with 7,033 square feet of gross living area in 9,044 square feet of gross area. The Property is situated upon a 0.13-acre parcel and features four (4) off-street parking spaces. Located in the heart of downtown Salem, 364-366 Essex Street benefits from one of the North Shore's most desirable apartment markets, supported by a diverse employment base, exceptional walkability, and year-round visitor activity. The Landlord is responsible for providing oil powered heat & electric powered hot water to both buildings. The Landlord provides common area electricity to both buildings, as well as unit electric to 364 Essex, while Tenants at 366 Essex pay their own unit electric. The Landlord is responsible for providing city water & sewer to all units. The opportunity exists to acquire a well-maintained asset in a desirable North Shore location.
Features of 364-366 Essex Street
| MLS® # | 73561757 |
|---|---|
| Price | $2,200,000 |
| Bedrooms | 10 |
| Bathrooms | 9.00 |
| Full Baths | 9 |
| Square Footage | 7,033 |
| Acres | 0.13 |
| Year Built | 1850 |
| Type | Residential Income |
| Sub-Type | 5-9 Family |
| Status | Active Under Contract |
Community Information
| Address | 364-366 Essex Street |
|---|---|
| City | Salem |
| County | Essex |
| State | MA |
| Zip Code | 01970 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Parking | Off Street |
| Is Waterfront | No |
| Waterfront | Harbor, 1/2 to 1 Mile To Beach, Beach Ownership(Other (See Remarks)) |
| Has Pool | No |
Interior
| Heating | Oil |
|---|---|
| Fireplace | No |
| # of Stories | 5 |
| Stories | 5 |
Exterior
| Lot Description | Corner Lot |
|---|---|
| Roof | Shingle |
| Foundation | Other |
Additional Information
| Zoning | R2 |
|---|
Listing Details
| Agent | Stephen Girolamo |
|---|---|
| Office | Horvath & Tremblay |