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Back 9 Geneva Street
Off Market

9 Geneva Street

Salem MA 01970

6
2
5
2606 sq. ft.
3999 sq. ft.
Multi-Family
Last sold for $670,000
Kate RichardKate 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

Based on this property and similar 6 bedroom multi families sold in Salem over the last 12 months, the estimated median property value of 9 Geneva Street is $911.75k.

Median value
$911.75k
Estimated value range
$830k - $1.05m
Median days on market
19
Estimated value trend
22%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Salem. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

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

~%

We have insufficient information to provide an overview of customer satisfaction for Salem. Viewing the agent profiles, reviews and sales for Salem can provide insights for this location.

Local market activity for 6 bedroom multi families in Salem

In the last 12 months, 4 six-bedroom multi families similar to 9 Geneva Street, have been sold.

This represents a 50% decrease in six-bedroom multi families sales when compared to the previous 12 months.

Nearby agents

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

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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   (89 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

  •   5   (54 reviews)
  •  2 Reviews in Salem
  •  2 Sales in Salem
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Rita Lu

Rita Lu is a recommended agent for Salem.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   4.9   (19 reviews)
  •  2 Reviews in Salem
  •  2 Sales in Salem
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Carol St. Pierre

Carol St. Pierre is a recommended agent for Salem.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   5   (3 reviews)
  •  1 Review in Salem
  •  2 Sales in Salem
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