Salem, MA 01970,393 Essex St
Salem, MA 01970,393 Essex St
Salem, MA 01970,393 Essex St
Salem, MA 01970,393 Essex St
Salem, MA 01970,393 Essex St
Salem, MA 01970,393 Essex St
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$1,025,000

$979,900

4.6%
Est.Price: ?

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Est. payment /mo

4 Beds

5 Baths

5,626 SqFt


SOLD DATE : 12/29/2021

Key Details

Sold Price $1,025,000

Property Type Multi-Family

Sub Type 4 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,626 sqft

Price per Sqft $182

MLS Listing ID 72916753

Sold Date 12/29/21

Bedrooms 4

Full Baths 4

Half Baths 2

Year Built 1740

Annual Tax Amount $11,891

Tax Year 2021

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type 4 Family

Property Description

Large mixed use building located in Salem's coveted McIntire Historic District! Built in 1740, 393 Essex St has been the home to many influential Salem residents throughout it's history. Today, it is a 4 unit building comprised of a first floor commercial space, and 3 residential units on the second and third floors (1 - two bed unit and 2 - one bed units). This property affords its next steward many options: keep the building in it's current state by filling the vacancies, or perhaps convert the first floor commercial space back to apartments. Could also work as a condo conversion project. The first floor was up until recently a dental practice bringing in $4k a month in rent. Per a variance granted in 1991, the first floor space shall be limited to commercial use for "professional offices, medical or dental clinic" since it is zoned residential. The property has ample parking and is located 1/2 mile to the Salem MBTA station and steps to downtown Salem. Shown by appointment.

Location

State MA

County Essex

Zoning R2

Direction Summer or Highland St to Essex St

Rooms

Basement Full, Bulkhead, Unfinished

Interior

Fireplaces Number 4

Exterior

Community Features Public Transportation

Waterfront Description Beach Front, 1/2 to 1 Mile To Beach

Roof Type Shingle

Total Parking Spaces 10

Garage No

Building

Lot Description Level

Story 8

Foundation Stone

Sewer Public Sewer

Water Public

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Listed by Keller Williams Realty Evolution
Bought with Ted Richard • J. Barrett & Company

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agent
Josephine Cruz

Realtor | License ID: 9575610

+1(508) 944-5521

59 North Pearl St., Brockton, MA, 02301, United States

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