Great opportunity to buy a well maintained 2 family property with 3 parking spaces close to downtown Salem Common. First floor has a long time responsible tenants who desire to remain. Unit 2 has brand new carpeting and ready to be leased. Kitchen has granite countertops and stainless steel appliances, new roof and vinyl siding in 2016, central heat and Central Air, and washer /dryer in each unit also 2016 . Affordable luxury and a great location close to commuter rail, downtown and great restaurants and waterfront. Open House Saturday and Sunday 1:00- 3:00 PM Both units can be seen at Open House. Offers are due by Tueday 9/26/23 at noon
Listed by Diane Darrah Nordberg• RE/MAX Executive Realty
Redfin checked: 2 minutes ago (Sept 30, 2023 at 6:20pm)
•Source:MLS PIN #73161190
Home facts
Time on Redfin
10 days
Property Type
Multi-Family (2-4 Unit)
Year Built
1850
Community
Salem
Lot Size
3,040 Sq. Ft.
Price insights
Est. Mo. Payment
$4,575
Redfin Estimate
$670,864
Price/Sq.Ft.
$387
Buyer’s Agent Commission
2.5%
Street View
Directions
Payment calculator
$4,575 per month
Principal and interest$3,743
Property taxes$626
Homeowners' insurance$206
Down payment
20% ($130,000)
Home price
$650,000
Loan details
7.8%
Additional resources
Down payment assistance
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Electricity and solar
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Internet
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We haven't left any insights about this home yet, but as soon as we do, we'll leave our thoughts here.
The ceiling height on the first floor is extremely low. The top of my head hits the ceiling in some areas. The second floor ceiling height is a little better. The home is placed on a busy intersection. Needs lots of work. Basement has a dirt floor.
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Travis Speck • Redfin Agent
Saw this home 8 years ago
Property details for 136 Bridge St
Parking
Parking Information
Has Open Parking
Parking Total: 3
Parking Features: Shared Driveway, Off Street, Deeded, Driveway, Paved
Appliances: Utility Connections for Gas Range,Utility Connections for Gas Oven,Utility Connections for Electric Dryer
Interior Features
# of Rooms (Total): 9
Flooring: Wood, Carpet, Stone / Slate
Interior Features: High Speed Internet Hookup
Multi-Unit Information
# of Units (Total): 2
Net Operating Income: $22,740
Gross Income: $22,740
Total Actual Rent: $1,895
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: Y
Unit #2 Information
# of Levels: 2
# of Floors: 2
Lease: N
Exterior
Building Information
Building Area (Total): 1,678
Foundation Details: Stone
Construction Materials: Frame, Stone
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Actual
Color: light blue
Exterior Features
Roof: Shingle
Patio And Porch Features: Porch
Property Information
PropertySubType: 2 Family - 2 Units Up/Down
Lot Information
Lot Size (Acres): 0.07
Lot Features: Cleared, Level
Waterfront Features: Beach Front,Ocean,1/10 to 3/10 To Beach,Beach Ownership(Public)
Road Surface Type: Paved
Road Frontage Type: Public
Road Responsibility: Public Maintained Road
Parcel Number: 2136182
Zoning: R2
Financial
Tax Information
Tax Annual Amount: $7,509
Tax Assessed Value: $600,200
Tax Year: 2023
Utilities
Utility Information
Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
Sewer: Public Sewer
Water Source: Public
Electric: Circuit Breakers, Individually Metered
Heating & Cooling
Has Heating
Has Cooling
Heating Units: 2
Cooling: Individual, Individual
Cooling Units: 2
Location
School Information
Elementary School: Salem Public
Middle Or Junior School: Salem Public
High School: Salem Public
Location Information
Directions: Bridge St. near Winter St
UnparsedAddress: 136 Bridge Street, Salem MA 01970
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, House of Worship, Public School, T-Station, University, Sidewalks
Other
Miscellaneous Information
Heat Zones: 2
Listing Information
Exclusions: Personal Belongings
Disclosure: N
Disclosures: First floor is occupied. Tenants would like to stay and move to 2 bedroom unit if possible after the property is sold. Offers are due by Tueday 9/26/23 at noon
StandardStatus: Active Under Contract
Anticipated Sold Date: Thursday, November 2, 2023 4:00 AM
BuyerAgencyCompensation: 2.5
TransactionBrokerCompensation: 1.0
Details provided by MLS PIN and may not match the public record. Learn more.
Sale and tax history for 136 Bridge St
Sale History
Tax History
Public facts and zoning for 136 Bridge St
Beds
3
Baths
2
Finished Sq. Ft.
1,678
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,678
Stories
2
Lot Size
3,049 Sq. Ft.
Style
Multi-Family (2-4 Unit)
Year Built
1850
Year Renovated
—
County
Essex County
APN
2136182
Home facts updated by county records on Aug 25, 2023.
School data is provided by GreatSchools, a nonprofit organization. Redfin recommends buyers and renters use GreatSchools information and ratings as a first step, and conduct their own investigation to determine their desired schools or school districts, including by contacting and visiting the schools themselves. Redfin does not endorse or guarantee this information. School service boundaries are intended to be used as a reference only; they may change and are not guaranteed to be accurate. To verify school enrollment eligibility, contact the school district directly.
Around this home
Transportation near 136 Bridge St
89/100
Very walkable
Walk Score®
41/100
Some transit
Transit Score®
85/100
Very bikeable
Bike Score®
Places
0 groceries, 28 restaurants, 8 parks
Transit
435, 450, 451, 455, 456, Newburyport Line Shuttle, Newburyport/Rockport Line Shuttle, Rockport Line Shuttle
Climate risks
About climate risks
Most homes have some risk of natural disasters, and may be impacted by climate change due to rising temperatures and sea levels.
Risk Factor
Flood Factor - Minimal
Unlikely to flood in next 30 years
Fire Factor - Minimal
Unlikely to be in a wildfire in next 30 years
Heat Factor - Major
7 days above 95° expected this year, 15 days in 30 years
Wind Factor - Major
80% chance of strong winds in next 30 years
Provided by First Street Foundation
Redfin Estimate for 136 Bridge St
$670,864
$21K over list price of $650K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $510K to $650K..
136 Bridge St is a 1,678 square foot multi-family home on a 3,040 square foot lot with 3 bedrooms and 2 bathrooms. 136 Bridge St is a multi-family home currently priced at $650,000.
How many photos are available for this home?
Redfin has 27 photos of 136 Bridge St.
How much is this home worth?
Based on Redfin's Salem data, we estimate the home's value is $670,864
How long has this home been listed on Redfin?
136 Bridge St has been listed on Redfin for 11 days since September 20, 2023.
When was this home built and last sold?
136 Bridge St was built in 1850 and last sold on December 07, 2016 for $410,000.
How competitive is the market for this home?
Based on Redfin's market data from the past 3 months, we calculate that market competition in 01970, this home's neighborhood, is very competitive. Homes sell for about 4% above list price and go pending in around 20 days. Hot homes can sell for about 9% above list price and go pending in around 13 days. Compared to nearby markets, 01970 is more competitive than Beverly Farms and more competitive than Clifton.