9 Geneva Street

Off Market

9 Geneva Street

Salem MA 01970

2606 sq. ft.

3999 sq. ft.

Multi-Family

Last sold for $670,000

Kate Richard, last sold this property on 21 April 2021 after -4 days on market.

Overview

Well maintained 2 Family located near Salem State, Salem Harbor and Forest River Park. This 12 room 6 bedroom property boasts beautiful original details in both units including hardwood floors, built in china cabinets and decorative molding. Each unit has a living room, dining room, 1 bath and 3 bedrooms. This solid property has many updates; In 2020- new roof, gutters, soffits, chimney was rebuilt, front and rear porches were rebuilt using composite decking and 2 new water heaters. 2018- 2 new boilers. All utilities are separate and there are leases in place until May 31,2021. Parking for 5 and washers / dryers are nice amenities for the tenants! The current rents are well below market value. The projected annual income for the property is $50,400 (Unit 1 $2000 and unit 2 $2200 a month) which makes this a solid investment!

Features

6 bedrooms

2 bathrooms

5 carspaces

2606 sq. ft. floor area

3999 sq. ft. lot size

Multi-Family

Estimated Value

We need at least 3 similar 6 bedroom multi families sold in Salem over the last 12 months.

Property history for 9 Geneva Street

2021

Sold

$670,000

21 Apr 2021 by Kate Richard, of J. Barrett & Company

2007

Sold

$334,900

20 Jul 2007 by Richard Lemay, of Century 21 N. Shore

Happy sellers in Salem

95%

95% of sellers in Salem reported that their sale price either exceeded or met their price expectations.

Salem stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Salem over the last 12 months.

Local market activity for 6 bedroom multi families in Salem

In the last 12 months, 3 six-bedroom multi families similar to 9 Geneva Street, have been sold.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Salem for a market analysis.

Kathy & Terry Sullivan

at RE/MAX Beacon | Beverly

(87 reviews)

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Sean K Connelly

at William Raveis Real Estate - Marblehead

(52 reviews)

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Rita Lu

at Keller Williams Realty Boston-Metro | Back Bay

4.9

(19 reviews)

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Carol St. Pierre

at Tache Real Estate, Inc.

(3 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Salem

Kathy & Terry Sullivan

Sellers who recommend Kathy & Terry Sullivan have praised them for being local expert, supportive, responsive, detail-oriented, clear communication, dedicated, and reliable

5 (87 reviews)
2 Reviews in Salem
2 Sales in Salem

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Sean K Connelly

Sellers who recommend Sean K Connelly have praised them for being local expert, clear communication, responsive, reliable, supportive, friendly, and trustworthy