Showings at Open Houses Sat 3/6 and Sunday 3/7 from 12 to 1 PM. Offers are due Monday by 5 PM for review and response Tuesday. This is a turn key opportunity to enter into the multi family housing market in Salem. Whether you are a first time investor or are adding to your portfolio, this is a great property that is easy to maintain. Centrally located, and convenient to the Commuter Rail and Downtown Salem, it is ideal for commuters. The first floor apartment features two bedrooms, one bathroom, with a granite kitchen and is heated by forced hot air. The second floor apartment has its own private entry, two bedrooms, one bathroom, washer and dryer and a bonus loft space that can be used for additional sleeping area or office. Two gas heating systems, two gas hot water tanks, separate circuit breaker electric panels. Tenants pay their own utilities.
Multi-familyProperty Type
1853Year Built
1,477 sq ftLot Size
$420Est. Price/Sq.Ft.
Listed by Peter Lutts• Herrick Lutts Realty Partners
Bought with Marline Calderon• Cameron Prestige, LLC
Charming Unoccupied two family located just minutes from downtown Salem. The first floor unit of this property consists of 2 bedrooms and 1 bath. The second unit has 2 bedrooms and one bath, with a bonus room on the third floor. Located just a mile from Salem commuter rail , this property is a commuters dream. With the property being delivered vacant, it is perfect for an owner occupant or investor.
Public Records
Nov 5, 1992
Sold
$42,000
$29/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$5,543 (−8.1%)
$164,100 + $279,000
$443,100
2022
$6,033 (+15.5%)
$158,700 + $296,600
$455,300
2021
$5,223 (+1.9%)
$147,700 + $230,800
$378,500
2020
$5,125 (+0.8%)
$139,500 + $215,200
$354,700
2019
$5,084 (+7.2%)
$132,400 + $204,300
$336,700
2018
$4,743 (+7.6%)
$125,800 + $182,600
$308,400
2017
$4,407 (+3.0%)
$106,100 + $171,800
$277,900
2016
$4,278 (+3.2%)
$101,200 + $171,800
$273,000
2015
$4,147 (+12.5%)
$93,000 + $159,700
$252,700
2014
$3,686 (+4.2%)
$93,000 + $127,300
$220,300
2013
$3,538 (+1.7%)
$93,000 + $123,000
$216,000
2012
$3,479
$99,600 + $123,000
$222,600
2011
$3,481 (+0.8%)
$99,600 + $131,700
$231,300
2010
$3,453 (−4.4%)
$104,000 + $142,500
$246,500
2009
$3,611
$109,400 + $170,100
$279,500
Tax history for 4 Hanson St
Year
Property tax
Land + Additions
Assessment*
2023
$5,543 (−8.1%)
$164,100 + $279,000
$443,100
2022
$6,033 (+15.5%)
$158,700 + $296,600
$455,300
2021
$5,223 (+1.9%)
$147,700 + $230,800
$378,500
2020
$5,125 (+0.8%)
$139,500 + $215,200
$354,700
2019
$5,084 (+7.2%)
$132,400 + $204,300
$336,700
2018
$4,743 (+7.6%)
$125,800 + $182,600
$308,400
2017
$4,407 (+3.0%)
$106,100 + $171,800
$277,900
2016
$4,278 (+3.2%)
$101,200 + $171,800
$273,000
2015
$4,147 (+12.5%)
$93,000 + $159,700
$252,700
2014
$3,686 (+4.2%)
$93,000 + $127,300
$220,300
2013
$3,538 (+1.7%)
$93,000 + $123,000
$216,000
2012
$3,479
$99,600 + $123,000
$222,600
2011
$3,481 (+0.8%)
$99,600 + $131,700
$231,300
2010
$3,453 (−4.4%)
$104,000 + $142,500
$246,500
2009
$3,611
$109,400 + $170,100
$279,500
*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
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
1,307 Sq. Ft.
Year renovated
—
Sq. Ft.
1,472
Year built
1853
Style
Multi-Family (2-4 Unit)
County
Essex County
APN
2128648
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 19, 2023.
R2
ECOD
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
Entrance Corridor 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
Interior
Bathroom Information
# of Bathrooms (Full): 2
Basement Information
Basement: Interior Entry, Unfinished
Interior Features
# of Rooms (Total): 7
Interior Features: Living Room, Kitchen, Loft, Mudroom
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: Y
Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: Y
Exterior
Building Information
Building Area (Total): 1,472
Foundation Details: Stone, Brick/Mortar
Construction Materials: Frame
Stories (Total): 2
Year Built Source: Public Records
Year Built Details: Approximate
Color: Beige
Exterior Features
Roof: Shingle
Exterior Features: Rain Gutters
Property Information
PropertySubType: Multi Family
Lot Information
Lot Size (Acres): 0.03
Lot Features: Zero Lot Line, Level
Financial
Tax Information
Tax Annual Amount: $5,125
Tax Year: 2020
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Electric: Circuit Breakers
Heating & Cooling
Heating Units: 2
Location
Location Information
Directions: Boston St to hanson St
UnparsedAddress: 4 Hanson St, Salem MA 01970
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,472
Stories: 2.0
Lot Size: 1,307 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1853
Year Renovated: —
County: Essex County
APN: 2128648
Home facts updated by county records on Jul 19, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
K - 12
Preschool & daycare
Witchcraft Heights Elementary School
Public K-5 • Assigned • 0.5mi
5/10
Collins Middle School
Public 6-8 • Assigned • 0.5mi
6/10
Salem High School
Public 9-12 • Assigned • 0.9mi
4/10
Saltonstall School
Public K-8 • Assigned • 1.1mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 96° expected this year, 15 days in 30 years
7/10 Wind Factor
78% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Salem, MA • 01970
Average low and high temperatures (°F)
34
21
36
22
50
33
57
41
68
51
79
62
83
67
79
61
74
56
63
48
53
37
39
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$588,000 – $712,000
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