FOUR UNIT BUILDING fully occupied ready for you to start collecting! Good proximity to commuter rail and downtown with off street parking. Looking for a income property, this may be just the place. Take advantage of the vibrant city of Salem and what it has to offer; commuter rail, Salem State, lively downtown and much more!
Multi-familyProperty Type
1850Year Built
3,500 sq ftLot Size
$393Est. Price/Sq.Ft.
4 spacesParking
Listed by Christopher Martin• Keller Williams Realty Evolution
Four family with many updates during sellers ownership. Updates include vinyl siding, roof and 2 story deck with Trex decking. 2003 the two 1st floor units were gutted and rehabbed and a new kitchen was put in 3rd floor. 3rd floor has newer furnace and central A/C. Many electrical updates as other work has been done including a new service in 2009. Location is approximately a half a mile from the Salem Commuter Rail stop (per mapquest). Only one unit occupied (Rent $1100/month) currently with 3 vacant and ready to rent. Market rents for other units approximately $900, $1200 and $1300. Carpet will be installed by seller on the second floor unit.
MLS PIN #30661142
Dec 20, 2002
Sold
$445,000
$156/sq ft
Oct 23, 2002
Listed
$465,000
$163/sq ft
DEFINITELY NOT A DRIVE-BY,COMPLETLY REMODELED A MUST SEE! 4 UNIT INCOME PRODUCING PROPERTY CLOSE TO TRAIN AND BEACH. MAGNIFICENT OWNERS UNIT.
MLS PIN #30382282
Mar 30, 2000
Sold
$194,000
$68/sq ft
Mar 3, 2000
Listing Removed
—
Jan 31, 2000
Listed
$194,900
$68/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$10,542 (+4.9%)
$129,900 + $712,800
$842,700
2022
$10,051 (+2.2%)
$121,300 + $637,300
$758,600
2021
$9,831 (+5.5%)
$113,200 + $599,200
$712,400
2020
$9,317 (+5.6%)
$117,200 + $527,600
$644,800
2019
$8,827 (+13.3%)
$106,800 + $477,800
$584,600
2018
$7,792 (+3.3%)
$92,400 + $414,200
$506,600
2017
$7,543 (+1.2%)
$73,900 + $401,700
$475,600
2016
$7,453 (+3.8%)
$73,900 + $401,700
$475,600
2015
$7,179 (+6.0%)
$63,500 + $374,000
$437,500
2014
$6,774 (+5.3%)
$63,500 + $341,400
$404,900
2013
$6,436 (+2.5%)
$63,500 + $329,400
$392,900
2012
$6,277 (−0.4%)
$72,200 + $329,400
$401,600
2011
$6,303 (+5.8%)
$77,400 + $341,400
$418,800
2010
$5,956 (+1.8%)
$83,700 + $341,400
$425,100
2009
$5,851
$91,200 + $361,700
$452,900
Tax history for 79 Bridge St
Year
Property tax
Land + Additions
Assessment*
2023
$10,542 (+4.9%)
$129,900 + $712,800
$842,700
2022
$10,051 (+2.2%)
$121,300 + $637,300
$758,600
2021
$9,831 (+5.5%)
$113,200 + $599,200
$712,400
2020
$9,317 (+5.6%)
$117,200 + $527,600
$644,800
2019
$8,827 (+13.3%)
$106,800 + $477,800
$584,600
2018
$7,792 (+3.3%)
$92,400 + $414,200
$506,600
2017
$7,543 (+1.2%)
$73,900 + $401,700
$475,600
2016
$7,453 (+3.8%)
$73,900 + $401,700
$475,600
2015
$7,179 (+6.0%)
$63,500 + $374,000
$437,500
2014
$6,774 (+5.3%)
$63,500 + $341,400
$404,900
2013
$6,436 (+2.5%)
$63,500 + $329,400
$392,900
2012
$6,277 (−0.4%)
$72,200 + $329,400
$401,600
2011
$6,303 (+5.8%)
$77,400 + $341,400
$418,800
2010
$5,956 (+1.8%)
$83,700 + $341,400
$425,100
2009
$5,851
$91,200 + $361,700
$452,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
5
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
3,485 Sq. Ft.
Year renovated
—
Sq. Ft.
2,855
Year built
1850
Style
Multi-Family (5+ Unit)
County
Essex County
APN
2137493
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 19, 2023.
Property details
Parking
Parking Information
Parking Spaces: 4
Interior
Bathroom Information
# of Bathrooms (Full): 4
Basement Information
Basement: Full, Partial
Interior Features
# of Rooms (Total): 14
Interior Features: Living Room, Kitchen
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: Y
Unit #2 Information
# of Levels: 1
# of Floors: 1
Lease: Y
Unit #3 Information
# of Levels: 1
# of Floors: 2
Lease: Y
Unit #4 Information
# of Levels: 1
# of Floors: 3
Exterior
Building Information
Building Area (Total): 2,855
Foundation Details: Stone
Construction Materials: Frame
Stories (Total): 4
Year Built Source: Public Records
Year Built Details: Approximate
Exterior Features
Roof: Shingle
Patio And Porch Features: Deck
Property Information
PropertySubType: 4 Family
Lot Information
Lot Size (Acres): 0.08
Lot Features: Corner Lot
Financial
Tax Information
Tax Annual Amount: $7,179.38
Tax Year: 2015
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Has Heating
Heating: Oil, Natural Gas
Location
Location Information
Directions: See Google Maps
UnparsedAddress: 79 Bridge Street, Salem MA 01970
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, T-Station
Public facts
Beds: 5
Baths: 4.0
Sq. Ft.: 2,855
Stories: 2.0
Lot Size: 3,485 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1850
Year Renovated: —
County: Essex County
APN: 2137493
Home facts updated by county records on Jul 19, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Carlton Elementary School
Public K-5 • Assigned • 0.1mi
5/10
Saltonstall School
Public K-8 • Assigned • 1.2mi
5/10
Salem Prep High School
Public 9-12 • Assigned • 0.6mi
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
5/10 Flood Factor
Estimated 32-44% chance 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 95° expected this year, 15 days in 30 years
6/10 Wind Factor
77% 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
64
47
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.