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11 Ropes St, Salem MA 01970 – 4 bed 4 bath For Sale – 73360416

$ 969,000
11 Ropes St, Salem MA 01970,

Overview

  • Updated On:
  • April 16, 2025
  • listingid
  • 73360416
  • 4 Bedrooms
  • 4 Bathrooms
  • 0 Garage Spaces
  • 1 Non-Garage Parking
  • 1915

Description

Discover the potential of this spacious and well-located multifamily property, offering versatility and strong income potential. Property Features, three large, well-appointed units, generously sized bedrooms in each unit, private driveway plus additional resident street parking. Short walking distance to the commuter rail station, steps from Salem’s vibrant downtown shopping and restaurant district. This is a rare opportunity for investors or owner-occupants to own a versatile property with long-term upside. Whether you’re looking to generate rental income, create a multi-generational living space, or explore future value-add possibilities, this property offers endless potential.

This property is listed by Sonya Aoude from Law Offices of Bradford Eliot Keene, P.C.

Property Listing Details

Overview

MLS Status
Price $ 969,000
Living Area 4,486.00 ft2
Bedrooms 4
Total Rooms 25
Listing MLS ID 73360416
Days on Market 0
Bathrooms 4

Unit Information

Bedrooms 4
Full Bathrooms 4
Half Bathrooms 0
Cooling
Heating
Uncovered Parking 1
Garage Parking 0
Water View
Unit Level
Common Walls
Laundry Features
Lead Paint Certified Treated
Outdoor Space Available
Living Area Includes Basement Finished
Patio And Porch Features
Parking Features Paved Drive
Waterview Features
Flooring

Building Information

Building Name
Units in Building 3
Pets Allowed
Association Amenities
Pool Features
Waterfront Features
Association Fee Includes
Construction Materials
Year Built 1915
Security Features
Sewer Public Sewer
Spa Features
Structure Type
Water Source Public
Basement Finished
Roof

Additional Details

Community Features
Disclosures Seller makes no warranties; Seller does not live at the property. Property is being sold as is. 2 units are Certified treated for lead 1 unit has been treated but not tested
Last Updated 2025-04-16T15:25:00.000Z
Building Area Source Public Records
MLS PIN Page
Parcel Number M:34 L:0271,2135733
Original List Price 969000
Listing Office law offices of bradford eliot keene, p.c.
Tax Annual Amount 10327
Tax Assessed Value 910700
Tax Book Number 37524
Tax Year 2025
Year Built Details Actual
Year Built Source Public Records
Zoning R3
Listing Agent sonya aoude

Property Address

Address: 11 Ropes St, Salem MA 01970
City:
State/County:
Zip: 01970
Country: United States

Amenities and Features

Other Features
Dining Room
Kitchen
Living Room
Open Parking

Payment Calculator

$ 5,552.12
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,647.72

Map

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11 Ropes St, Salem MA 01970 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

Property Details

11 Ropes St, Salem MA 01970 – 4 bed 4 bath For Sale – 73360416

$ 969,000

Status:

11 Ropes St, Salem MA 01970, , , 01970

Country: United States

Property Overview

MLS #: 73360416

Type: /

Action:

Year Built: 1915 (Actual, Source: Public Records, Effective: )

Living Area: 4,486.00 ft2 (Total: 4486 Square Feet, Source: Public Records)

Lot Size: 0.09 ft2 (Area: 0.09 Acres, SqFt: 4116)

Total Rooms: 25

Condition:

Availability:

Building Name:

Interior Features

Bedrooms: 4 (Main Level: )

Bathrooms: Total: 4 (Full: 4, Half: 0, Decimal: 4, Main Level: )

Basement: Finished

Fireplaces: 0 ()

Flooring:

Laundry:

Window Features:

Door Features:

Accessibility:

Entry: Level , Location:

Other Equipment:

Construction & Design

Style:

Materials:

Foundation: Granite (Area: )

Roof:

Stories: 3 (3)

Common Walls:

Body Type:

Utilities & Green Features

Heating:

Cooling:

Water Source: Public

Sewer: Public Sewer ()

Utilities:

Electric: (Expense: )

Gas:

Energy Certificate:

Green Energy Efficient:

Green Energy Generation:

Green Indoor Air Quality:

Green Water Conservation:

Insulation:

Exterior & Lot Features

Garage Spaces: 0

Covered Spaces: 0

Parking Total: 1

Parking Features: Paved Drive

Pool:

Spa:

Patio/Porch:

Fencing:

Lot Features:

View: (, Waterview Y/N: )

Waterfront:

Road Frontage: ()

Road Surface:

Road Responsibility:

Other Structures:

Horse Amenities:

Wooded Area:

Pasture Area:

Cultivated Area:

Additional Parcels: (Number: )

Outdoor Space:

Community & Association

Community Features:

Association Fee: ()

Fee Includes:

Association Amenities:

Pets Allowed:

Schools: E: , M: , H:

Zoning: R3 ()

MLS Area: Major: , Minor:

Management:

Optional Fee: (Includes: )

Property Description

Discover the potential of this spacious and well-located multifamily property, offering versatility and strong income potential. Property Features, three large, well-appointed units, generously sized bedrooms in each unit, private driveway plus additional resident street parking. Short walking distance to the commuter rail station, steps from Salem’s vibrant downtown shopping and restaurant district. This is a rare opportunity for investors or owner-occupants to own a versatile property with long-term upside. Whether you’re looking to generate rental income, create a multi-generational living space, or explore future value-add possibilities, this property offers endless potential.

Room Details

Living Room (): x ( sqft) - Features:

Dining Room (): x ( sqft) - Features:

Kitchen (): x ( sqft) - Features:

Master Bedroom (): x ( sqft) - Features:

Master Bathroom: Features:

Laundry Dimensions:

Multi-Unit Information (if applicable)

Total Units: 3

Units Owner Occupied:

Unit 1: Beds: 3, Full Baths: 3, Half Baths: 0, Levels: 1, Rent: 2500, Lease: Y

Unit 2: Beds: 3, Full Baths: 3, Half Baths: 0, Levels: 1, Rent: 1650, Lease: N

Unit 3: Beds: 2, Full Baths: 2, Half Baths: , Levels: , Rent: 1800, Lease:

Unit 4: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Complex Complete:

Unit Building:

Financial & Lease Information

Tax Annual Amount: 10327 (Year: 2025)

Tax Assessed Value: 910700

Tax Block/Lot/Book/Map: / / 37524 /

Parcel Number: M:34 L:0271,2135733

Special Licenses:

Current Financing:

Gross Income: 71400 (Scheduled: )

Net Operating Income: 71400

Operating Expense: (Water/Sewer: , Insurance: )

Financial Data Source:

APOD Available: Yes

Tenant Pays:

Rent Includes:

Total Actual Rent: 5950

Lease Term: (Existing Type: )

Deposit Required: (Security: , First Month: , Last Month: )

Insurance Required:

References Required:

Listing & Agent Information

Listing Agent: Sonya Aoude (MLS ID: CN250630) / Team: CN250630

Listing Office: Law Offices of Bradford Eliot Keene, P.C. (MLS ID: AN8797)

Agent (Property): 57

Buyer Agent MLS ID:

Buyer Office MLS ID:

Listing Agreement: Exclusive Right To Sell

Listing Contract Date: 2025-04-16

Expiration Date: 1900-01-01

Original List Price: 969000

Price Per SqFt (List): 216.01

Market Time (Property): 0 (Broker: 0, Prev Broker: 0, Prev Property: 0)

MLS Status: New

Possession:

Directions: Rope Street is a one way off of Canal Street access via Washington Street to Rope Street

Disclosures: Seller makes no warranties; Seller does not live at the property. Property is being sold as is. 2 units are Certified treated for lead 1 unit has been treated but not tested, Y

Lead Paint: Certified Treated

Title 5:

Exclusions:

Contingency:

Special Listing Conditions:

Lender Owned:

Short Sale Lender Approval Required:

Home Warranty Y/N:

Documents Available: (Count: )

Showings Deferral Date:

Open House Flag: 1

Listing Alert: No

Square Feet Disclosures: (Incl. Base: No, Other: )

Master Book/Page: / (Page: 13)

Sale Information (if applicable)

Close Date:

Close Price:

Price Per SqFt (Sold):

Anticipated Sold Date:

Concessions Amount:

Purchase Contract Date:

Sold vs Rent:

System Information

Property ID: 2052108

Modification Timestamp: 2025-04-16T15:25:00.000Z

Bridge Modification Timestamp: 2025-04-16T15:31:18.060Z

Original Entry Timestamp: 2025-04-16T15:25:00.000Z

Status Change Timestamp: 2025-04-16T15:25:00.000Z

Off Market Date:

Development Status:

Business Type:

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