Commercial for Sale: 99 North St, Salem, MA 01970 SOLD

5,866 sqft
$1,100,000
$1,100,000
99 North St, Salem, MA 01970 SOLD
5,866 sqft
$1,100,000
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Selling Price: $1,100,000
Original List Price: $999,000
Sold at 110.1% of list price
Sold Date: 09/13/2024

Type Commercial
Square Feet 5,866 sqft
Lot Size 0.10 acres
Year Built 1890

City Salem
County Essex

MLS 73267058
Status Closed
DOM 56 days
Here's your chance to invest in a prime piece of real estate poised to generate substantial income and build wealth over time. This highly visible commercial building is situated on a coveted corner lot, just half a mile from the communal rail, offering both convenience and high foot traffic. This mixed-use building features two four-bedroom residential units and two retail spaces, with a projected monthly gross income of $14,040 and a net of $90,322 annually. Located minutes from historical sites, top restaurants, shops, and Salem Harbor, this property is in the heart of a thriving community. Enjoy high foot traffic and excellent exposure, making it ideal for both residential and commercial tenants. Invest in this gem and secure a steady income stream in a vibrant, growing market.

Lot & Building Features

Tax Year 2024
Taxes Paid $9,802
Roof Rubber

Price History of 99 North St, Salem, MA

Date Name Price Difference
07/19/2024 Listing Price $1,100,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 99 North St, Salem, MA

Location Map Street View
Photo of AJ Waitt
Direct: 603-437-4447
Office
200 Rockingham Road.
Londonderry, NH 03053
603-437-4447
Listed by Churchill Properties, Debra Lovelace
Sold by Realty20, Kevin Johnson
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6.75%
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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Churchill Properties

The property listing data and information 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 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 set forth herein.