Recently renovated in 2015, 3 Unit Multi-Family abutting the historic McIntire District in Salem. One Bedroom, One Full Bath, per Unit. Tenant occupied. Private Yard and Parking. Half mile to Train Station and Downtown Salem. Minutes away from Leslie Retreat Park and Dog Park. Close to the highway. Great Opportunity for investor or owner-occupant! Showing property during the COVID-19 pandemic presents safety risks to prospective buyers and tenants. Interior showings will be done virtually. Call for an appointment.
Multi-familyProperty Type
1880Year Built
2,892 sq ftLot Size
$335Est. Price/Sq.Ft.
4 spacesParking
Listed by Cheryl Burton• Coldwell Banker Residential Brokerage - Beverly
Bought with Andrea Dodge• Coldwell Banker Residential Brokerage - Marblehead
Rare hands-off 3 family abutting the historic district. Nothing to do but buy and profit! Private yard, parking close to train and town. Great location: easy in/out of town. Instant profit for an owner-occupant or investor.
MLS PIN #71517537
May 30, 2013
Sold
$185,000
$82/sq ft
May 15, 2013
Contingent
—
May 1, 2013
Listed
$214,999
$95/sq ft
Excellent location, walking distance to downtown historic Salem and Salem Depot. Gross monthly rents of $2,400 and an actual net income of about $19,000 per year. Updates include electric & roof in 2002 and a new boiler in 2006. All leases TAW. Blind offers must have absolutely zero contingencies. Just became MUCH easier to show, inquire today!
Public Records
Jul 11, 2003
Sold
$210,000
$93/sq ft
Public Records
Jan 1, 1980
Sold
$64,100
$28/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$7,112 (+4.6%)
$127,900 + $440,600
$568,500
2022
$6,796 (+4.1%)
$119,400 + $393,500
$512,900
2021
$6,530 (+4.6%)
$111,400 + $361,800
$473,200
2020
$6,244 (+1.8%)
$115,400 + $316,700
$432,100
2019
$6,135 (+10.5%)
$105,100 + $301,200
$406,300
2018
$5,554 (+7.0%)
$90,900 + $270,200
$361,100
2017
$5,193 (+1.2%)
$72,700 + $254,700
$327,400
2016
$5,130 (+13.9%)
$72,700 + $254,700
$327,400
2015
$4,503 (+40.2%)
$62,500 + $211,900
$274,400
2014
$3,212 (+4.5%)
$62,500 + $129,500
$192,000
2013
$3,075 (−3.4%)
$62,500 + $125,200
$187,700
2012
$3,182 (−6.2%)
$71,000 + $132,600
$203,600
2011
$3,392 (−0.5%)
$76,200 + $149,200
$225,400
2010
$3,410 (−3.3%)
$82,400 + $161,000
$243,400
2009
$3,526
$89,800 + $183,100
$272,900
Tax history for 351 Bridge St
Year
Property tax
Land + Additions
Assessment*
2023
$7,112 (+4.6%)
$127,900 + $440,600
$568,500
2022
$6,796 (+4.1%)
$119,400 + $393,500
$512,900
2021
$6,530 (+4.6%)
$111,400 + $361,800
$473,200
2020
$6,244 (+1.8%)
$115,400 + $316,700
$432,100
2019
$6,135 (+10.5%)
$105,100 + $301,200
$406,300
2018
$5,554 (+7.0%)
$90,900 + $270,200
$361,100
2017
$5,193 (+1.2%)
$72,700 + $254,700
$327,400
2016
$5,130 (+13.9%)
$72,700 + $254,700
$327,400
2015
$4,503 (+40.2%)
$62,500 + $211,900
$274,400
2014
$3,212 (+4.5%)
$62,500 + $129,500
$192,000
2013
$3,075 (−3.4%)
$62,500 + $125,200
$187,700
2012
$3,182 (−6.2%)
$71,000 + $132,600
$203,600
2011
$3,392 (−0.5%)
$76,200 + $149,200
$225,400
2010
$3,410 (−3.3%)
$82,400 + $161,000
$243,400
2009
$3,526
$89,800 + $183,100
$272,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
3,049 Sq. Ft.
Year renovated
—
Sq. Ft.
2,256
Year built
1880
Style
Multi-Family (2-4 Unit)
County
Essex County
APN
2132835
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 25, 2023.
R2
FHOD
Residential Two-Family District
For the purposes of promoting the more efficient use of land in harmony with its natural features and with the general intent of the Zoning Ordinance and to protect and promote the health, safety, convenience and general welfare of the inhabitants of the City, an owner or owners of a tract of land situated within the R1 One-Family Residential Districts, RC Residential Conservation Districts, R2 Two-Family Residential Districts and R3 Multifamily Residential Districts or a duly authorized agency thereof may, in connection with the submission of a subdivision plan for Planning Board approval under the Subdivision Control Law or, if no such approval is required, after consultation with the Planning Board, make application to the Planning Board for a special permit excepting his plan from the lot area and frontage requirement
Zone overlays
Flood Hazard Overlay District
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Housing-Multiple units
Public service
Museum / gallery
Golf related
Property details
Parking
Parking Information
Parking Spaces: 4
Parking Features: Off Street, Tandem
Interior
Bathroom Information
# of Bathrooms (Full): 3
Basement Information
Basement: Full, Bulkhead, Sump Pump, Unfinished
Laundry Information
Laundry Features: Washer Hookup, Dryer Hookup, Electric Dryer Hookup
Interior Features
# of Rooms (Total): 9
Window Features: Insulated Windows
Flooring: Tile, Vinyl, Carpet, Varies, Wood
Interior Features: Stone/Granite/Solid Counters, Bathroom with Shower Stall, Walk-In Closet(s), Bathroom With Tub & Shower, Living Room, Kitchen
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: Y
Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: N
Unit #3 Information
# of Levels: 1
# of Floors: 3
Lease: Y
Exterior
Building Information
Building Area (Total): 2,256
Foundation Details: Stone
Construction Materials: Frame
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Actual
Color: Beige
Exterior Features
Fencing: Fenced/Enclosed
Roof: Shingle
Property Information
PropertySubType: 3 Family
Other Structures: Shed(s)
Lot Information
Lot Size (Acres): 0.07
Road Frontage Type: Public
Financial
Tax Information
Tax Annual Amount: $6,244
Tax Year: 2020
Utilities
Utility Information
Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup