11 Summer St, Salem MA 01970

Salem, MA 01970

$2,500,000

Est. $13,595/month

Beds

Baths

6,744

Sq Ft

$371

Price/Sq Ft

0.30

Acres

1870

Year Built

5-9 Family

Type

Days on Market

Pending Listed Oct 4, 2022 • MLS# 73044002 Copied!

About this home

Six family home with close to 7,000 sq. ft. of living space, on the biggest lot in downtown Salem, next to the Salem Inn. This property is zoned mixed use, so could have commercial and residential space. Great potential for further development. The house needs to be renovated. 10 garages and a large workshop above which could be converted into more units.

Property Overview

Property Type

5-9 Family

Listing Type

For Sale

Year Built

1870

Bedrooms

Full Bathrooms

Living Area

6,744 sq ft

Total Rooms

Stories

Levels

Facts & Features

10 Car Garage

Home Facts

Type Residential Income

Style 5-9 Family

Year Built 1870

Living Area 6,744 sq ft

Lot Size 0.30 acres

Bedrooms 10

Full Baths 6

Total Rooms 27

Interior

Heating Natural Gas

Cooling None

Flooring Varies, Hardwood

Appliances None

Fireplace None

Basement Full, Walk-out Access, Interior Entry, Sump Pump, Unfinished

Laundry Electric Dryer Hookup

Features Living Room, Kitchen, Office/den

Exterior

Construction Frame

Architecture None

Roof Shingle, Tar/gravel, Rubber

Features None

Pool None

Spa None

Fencing None

Patio/Porch Porch

Parking

Garage Spaces 10

Has Garage Yes

Features Off Street

Total Spaces 38

Utilities

Electric Circuit Breakers

Water Public

Sewer Public Sewer

Gas None

Other For Gas Range, For Electric Dryer

Financial

Annual Tax $9,045

Assessed Value $588,100

Interior Features

Flooring: Varies, Hardwood

Appliances:

Interior Features: Living Room, Kitchen, Office/Den

Windows:

Basement: Full, Walk-Out Access, Interior Entry, Sump Pump, Unfinished

Laundry: Electric Dryer Hookup

Security:

Construction & Materials

Year Built: 1870

Structure Type:

Exterior Materials: Frame

Roof: Shingle, Tar/Gravel, Rubber

Foundation: Irregular

Stories: 5

Heating, Cooling & Utilities

Heating: Natural Gas

Heating Zones: 6

Cooling: None

Hot Water: Natural Gas

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch: Porch

Fencing:

Other Structures:

Lot Features: Level

Road Surface: Paved

Parking & Garage

Garage Spaces: 10

Total Parking Spaces: 38

Parking Features: Off Street

Location

Loading map...

Neighborhood

11 Summer St, Salem MA 01970

Salem, MA 01970

Walkability

Loading Walk Score...

Schools

Middle School

Salem

Rating information coming soon

High School

Salem High

Rating information coming soon

Monthly Payment Calculator

Monthly Payment

Principal, interest, taxes & insurance

Loan Amount

After down payment

Total Interest

Over life of loan

Total Cost

Including down payment

Home Price

Down Payment

Down: $0

Interest Rate

Loan Term

Monthly Payment Breakdown

Principal & Interest $0

Property Tax $754

Homeowners Insurance $200

PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0

Total principal paid $0

Total interest paid $0

Rate Impact

-0.5% Rate

$0/mo

Save $0/mo

Current Rate

$0/mo

+0.5% Rate

$0/mo

Cost $0/mo

Payment Over Time

Interest

Principal

Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠

Listed for Sale

Oct 4, 2022

$2,500,000

Original listing

Agent: Heather Klosowski Office: Heather Klosowski Real Estate

Date	Event	Price	Change	$/sqft	Details
10/04/2022	🏠 Listed for Sale	$2,500,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Oct 4, 2022	New Listing Added	$2,500,000	—

Market Statistics

Days on Market

36 days

Price per Sq Ft

$371

Tax History

Year	Taxes	Assessment
2018	$9,045	$588,100

Financial Details

Annual Property Tax

$9,045

Tax Year 2018

Assessed Value

$588,100

Listing Information

Listing Agent Heather Klosowski

Listing Office Heather Klosowski Real Estate

Agent MLS ID CT001890

Office MLS ID AN2691

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Monthly Payment Breakdown

Loan Summary

Listed for Sale

Customize Comparable Search

Distance & Location

Property Characteristics

Price & Value

Property Features

Market Filters

Display Options

📍 Comparable Properties Map

11 Summer St, Salem MA 01970

About this home

Property Overview

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Location

Neighborhood

Walkability

Schools

Monthly Payment Calculator

Monthly Payment Breakdown

Loan Summary

Rate Impact

Payment Over Time

Property History

Property Timeline

Listed for Sale

Detailed History Table ▼

Price & Status History

Market Statistics

Tax History

Financial Details

Listing Information

Comparable Properties

Customize Comparable Search

Distance & Location

Property Characteristics

Price & Value

Property Features

Market Filters

Display Options

📍 Comparable Properties Map

Adjust Property Details

Market Analytics for Salem, MA

Contact Agent

Schedule a Tour