132 North St, Salem, MA 01970 | MLS 72260842 | Listing Information | Bowes Real Estate

132 North St,  Salem MA, 01970

(Contingent)
$619,900
|
2 baths, 3,220 sqft
|
MLS# 72260842
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Last Updated: 12/18/2017 2:03 PM
Description for 132 North St Salem, MA 01970
Amazing Opportunity to own a Commercial Building on Rt 114 (North St) - the entrance corridor to the City of Salem. Parking for 9+ Cars. Was a 2 Family Residential when I purchased the building aprox 20 years ago. Changed it to 100% commercial, operated my business there for 20 years and then switched it to 50/50 commercial/residential 3 years ago. Tons of improvements: Roof, Windows, Siding, Stucco Front, new steps all done within last 6 years. In apartment new bathroom, kitchen, appliances and all hardwood floors done 3 years ago. 1st floor is an active hair salon - $30k in renovations 3 years ago (Lighting, painting, water, floors, fire rated ceilings, some new doors). Building is Zoned R2 with High Visibility on Rt 114 - a short distance to the court house and Commuter Rail Station. Use the building as you'd like: All Residential, All commercial or continue with the split as it is now.
Price
$619,900
Essex
2
3,220 (approx)
72260842
Contingent
Description
Amazing Opportunity to own a Commercial Building on Rt 114 (North St) - the entrance corridor to the City of Salem. Parking for 9+ Cars. Was a 2 Family Residential when I purchased the building aprox 20 years ago. Changed it to 100% commercial, operated my business there for 20 years and then switched it to 50/50 commercial/residential 3 years ago. Tons of improvements: Roof, Windows, Siding, Stucco Front, new steps all done within last 6 years. In apartment new bathroom, kitchen, appliances and all hardwood floors done 3 years ago. 1st floor is an active hair salon - $30k in renovations 3 years ago (Lighting, painting, water, floors, fire rated ceilings, some new doors). Building is Zoned R2 with High Visibility on Rt 114 - a short distance to the court house and Commuter Rail Station. Use the building as you'd like: All Residential, All commercial or continue with the split as it is now.
Listing Information
Property Type: General Commercial, 3 Story
2 0.16 Acres
3,220 (approx) $192.52 1870
3
Public Water Service, Gas Water Heater
Public Sewer
Natural Gas, Three Phase Available
Neighborhood
Room Information
Interior Features
3
Exterior / Lot Features
9 Parking Spaces, Paved Driveway
None
B1
Historic Area, Public Transport
Driving Directions
Rt 114 Main Entrance to the City of Salem.
Financial Considerations
M:27 L:0275
$7,592
2017
Listing Price History

Salem Real Estate

Salem is located in Massachusetts. Salem, Massachusetts 01970 has a population of 42,869.

The median household income in Salem, Massachusetts 01970 is $59,044. The median household income for the surrounding county is $68,776 compared to the national median of $53,482. The median age of people living in Salem 01970 is 37.1 years.

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Courtesy: Pamela Zerber - BEST DEAL REALTY, LLC
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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