4 Dearborn St

Salem, MA 01970 View Map $1,050,000 Ask a Question
Beds7
Baths3
Sq.Ft.4,114
Year1890
4 Dearborn St Salem, MA  01970 | Town Property Group Photo 1
4 Dearborn St Salem, MA  01970 | Town Property Group Map
Sam Resnick

Sam Resnick

(617) 512-5712

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UPDATED: 3 family for sale at 4 Dearborn St in Salem. First showings at this Saturday and Sunday's Open Houses from 11am -1pm Spacious three family home, ideal North Salem location close to commuter rail and downtown. High ceilings with plenty of sunlight on each floor. Separate utilities with plenty of off street parking. Outside decks on first and second floors. There is a 4 car garage. Owner occupied since the 1970's. There are two vacant apartments and one currently occupied by a long term A+ tenant, renting month to month at will. Large basement with high ceilings, laundry area and plenty of storage space. This is a "Don't miss" opportunity for owner occupied or investment. All offers will be reviewed on Tuesday 12/12 at noontime.
Status: Sold
Property Type:3 Family
MLS #:73185379
Sq. Feet:4,114
Date Sold:1/26/2024
Lot Size:0.15 Acres
County:Essex
First showings at this Saturday and Sunday's Open Houses from 11am -1pm Spacious three family home, ideal North Salem location close to commuter rail and downtown. High ceilings with plenty of sunlight on each floor. Separate utilities with plenty of off street parking. Outside decks on first and second floors. There is a 4 car garage. Owner occupied since the 1970's. There are two vacant apartments and one currently occupied by a long term A+ tenant, renting month to month at will. Large basement with high ceilings, laundry area and plenty of storage space. This is a "Don't miss" opportunity for owner occupied or investment. All offers will be reviewed on Tuesday 12/12 at noontime.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
1/26/2024$985,000$1,050,0006.6%

Community Information

Address:4 Dearborn St, Salem, MA 01970
County:Essex
City:Salem
Zip Code:01970

Architecture

Bedrooms: 7
Bathrooms: 3
Year Built:1890
Stories:6
Building Area: 4114
Foundation: Granite
Basement: Full, Interior Entry, Bulkhead, Concrete
Garage Yes/No: Yes
Garage Spaces: 4
Parking Features: Off Street, Assigned
Covered Spaces: 4
Parking Total: 6

Features / Amenities

Interior Features: Unit 1(Pantry, Bathroom With Tub), Unit 2(Ceiling Fans, Bathroom With Tub), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer), Unit 2(Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer), Unit 3(Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer)
Fireplace Yes/No: Yes
Fireplace Features: Unit 1(Fireplace - Wood burning), Unit 2(Fireplace - Wood burning)
Flooring: Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
Exterior Features: Deck, Gutters, Fenced Yard, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
Patio And Porch: Deck
Heating: Unit 1(Steam, Oil), Unit 2(Steam, Gas)
Total Rooms:15

Property Features

Lot Size: 0.15 Acres
Waterfront: Beach Front, Ocean, 1 to 2 Mile To Beach
Sewer: Public Sewer
Water: Public
Road Frontage: Public
Fencing: Fenced/Enclosed, Fenced
Zoning:B
Directions:Off North St. Please use GPS

Tax and Financial Info

Tax Year: 2023
Tax Annual Amount: $9,828
Current Financing: Conv. Fixed
Contingency: Inspection
Gross Income: $19,200
Net Operating Income: $19,200
Total Actual Rent: $1,530
Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
Buyer Agency Compensation: 2.0
Buyer Agent Compensation: 2.0
Disclosures: Estate Sale-sold "as is" Buyers and Buyers Agent responsible for all due diligence, seller and list agent make no representations or warranties. 3rd floor could have a bedroom instead of living room.

Listing Agent/Office

Listing provided courtesy of Philip Dennesen, Keller Williams Realty Evolution.

Schools

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Listing Information Last Updated 3/3/2024