5 Herbert St new Save Request In-Person Tour Request Virtual Tour
Salem,MA 01970
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,590 sqft
Price per Sqft $328
MLS Listing ID 73456655
Bedrooms 3
Full Baths 3
Year Built 1864
Annual Tax Amount $8,406
Tax Year 2025
Lot Size 1,742 Sqft
Property Sub-Type 3 Family
Property Description
EASY TO OWN — Well-Maintained 3-Unit Apartment Building in a Prime Location. A solid investment opportunity in an area tenants love. This well-kept 3-unit property features three one-bedroom, one-bath apartments, each with a living room and kitchen. Just moments from the train, the wharf, Salem Common, the museum, and downtown shops and restaurants—making it highly desirable for renters. Property Features: Coin-op washer and dryer in the basement, individual FHW gas heating units (installed approximately 4 years ago), tandem parking for two cars, plus on-street permit parking, newer carpets, and replacement of some windows and skylights on the third floor. FOR THE SMART BUYER looking to invest in a property with strong rental appeal and long-term potential. Showings: Group showings by appointment only. Please allow 48 hours for responses to offers. Closing date must be after January 1, 2026.
Location
State MA
County Essex
Zoning R2
Interior
Heating None,Baseboard,Natural Gas,Individual,Unit Control
Cooling None
Flooring Vinyl,Carpet,Laminate
Laundry Electric Dryer Hookup,Washer Hookup
Exterior
Community Features Public Transportation,Shopping,Park,Walk/Jog Trails,Medical Facility,Laundromat,Bike Path,Conservation Area,Marina,Public School,T-Station,University
Utilities Available for Electric Dryer,Washer Hookup
Waterfront Description Harbor,1 to 2 Mile To Beach
Roof Type Shingle
Building
Lot Description Level
Story 3
Foundation Stone
Sewer Public Sewer
Water Public