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48 Balcomb Street, Salem MA 01970 – 2 bed 2 bath For Sale – 73328476

$ 749,900
48 Balcomb Street, Salem MA 01970,

Overview

  • Updated On:
  • February 25, 2025
  • listingid
  • 73328476
  • 2 Bedrooms
  • 2 Bathrooms
  • 0 Garage Spaces
  • 3 Non-Garage Parking Spaces
  • 1900

Description

Meticulously maintained, owner occupied 2 family home conveniently located in Salem near the Peabody line. Unit 1-Enter to a spacious living room with lots of natural sunlight, a dining room, a bedroom with two closets, an extra-large eat in kitchen with access to the rear yard and a full bath. 1st floor boasts hardwood flooring in 3 rooms & vinyl flooring in the kitchen. Unit 2 is multi level-. the 1st level has a front hall, a large living room, a dining room, a bedroom (currently an office), and a full bath. The 2nd floor offers two oversized bedrooms each with their own staircase & large closet. Wall-to-wall carpeting on both levels and vinyl flooring in the kitchen. There is a fenced yard with a large storage shed. Interior and exterior access to the basement that hosts washer & dryer hook ups. Updated Electrical, Hot Water Tanks, Oil Tanks and Windows. Parking for 3 cars in the driveway. Minutes to the commuter rail, downtown Salem, restaurants & shops as well as major routes.

Property Listing Details

Overview

MLS Status
Price $ 749,900
Living Area 2,336.00 ft2
Bedrooms 2
Total Rooms 10
Listing MLS ID 73328476
Days on Market 6
Bathrooms 2

Unit Information

Bedrooms 2
Full Bathrooms 2
Half Bathrooms 0
Cooling None
Heating Oil
Uncovered Parking 3
Garage Parking 0
Water View No
Unit Level
Common Walls
Laundry Features Electric Dryer Hookup,Washer Hookup
Lead Paint Unknown
Outdoor Space Available
Living Area Includes Basement Full,Interior Entry,Concrete,Unfinished
Patio And Porch Features Porch
Parking Features Paved Drive,Off Street,Tandem,Driveway
Waterview Features
Flooring Tile,Vinyl,Carpet,Hardwood,Wood

Building Information

Building Name
Units in Building 2
Pets Allowed
Association Amenities
Pool Features
Waterfront Features
Association Fee Includes
Construction Materials Frame
Year Built 1900
Security Features
Sewer Public Sewer
Spa Features
Structure Type
Water Source Public
Basement Full,Interior Entry,Concrete,Unfinished
Roof Shingle

Additional Details

Community Features Public Transportation,Shopping,Park,Medical Facility,Laundromat,Conservation Area,House of Worship,Marina,Private School,Public School,T-Station,University
Disclosures Sellers have not lived in home for many years. Buyer and buyer agent to perform their own due diligence. 2nd floor tenant has occupied unit for over 30 years,realizes that their rent is below market and may consider remainng if the updated rent were workable.
Last Updated 2025-02-24T22:21:00.000Z
Building Area Source Public Records
MLS PIN Page
Parcel Number 2129642
Original List Price 749900
Listing Office j. barrett & company
Tax Annual Amount 6501
Tax Assessed Value 559500
Tax Book Number 12824
Tax Year 2024
Year Built Details Approximate
Year Built Source Public Records
Zoning R2
Listing Agent maria salzillo

Property Address

Address: 48 Balcomb Street, Salem MA 01970
City:
State/County:
Zip: 01970
Country: US

Amenities and Features

Other Features
Ceiling Fan(s)
Dining Room
Has Heating System
Kitchen
Living Room
Microwave
None
Open Floorplan
Open Parking
Rain Gutters
Range
Refrigerator

Payment Calculator

$ 4,296.73
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,596.82

Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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48 Balcomb Street, 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

48 Balcomb Street, Salem MA 01970 – 2 bed 2 bath For Sale – 73328476

$ 749,900

Status:

48 Balcomb Street, Salem MA 01970, , , 01970

Country: US

Property Overview

MLS #: 73328476

Type: /

Action:

Year Built: 1900 (Approximate, Source: Public Records, Effective: )

Living Area: 2,336.00 ft2 (Total: 2336 Square Feet, Source: Public Records)

Lot Size: 0.06 ft2 (Area: 0.06 Acres, SqFt: 2801)

Total Rooms: 10

Condition:

Availability:

Building Name:

Interior Features

Bedrooms: 2 (Main Level: )

Bathrooms: Total: 2 (Full: 2, Half: 0, Decimal: 2, Main Level: )

Basement: Full,Interior Entry,Concrete,Unfinished

Fireplaces: 0 ()

Flooring: Tile,Vinyl,Carpet,Hardwood,Wood

Laundry: Electric Dryer Hookup,Washer Hookup

Window Features: Insulated Windows

Door Features: Insulated Doors

Accessibility:

Entry: Level , Location:

Other Equipment:

Construction & Design

Style:

Materials: Frame

Foundation: Stone (Area: 99999)

Roof: Shingle

Stories: 3 (3)

Common Walls:

Body Type:

Utilities & Green Features

Heating: Oil

Cooling: None

Water Source: Public

Sewer: Public Sewer ()

Utilities: for Electric Range,for Electric Dryer,Washer Hookup

Electric: Circuit Breakers (Expense: 0)

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: 3

Parking Features: Paved Drive,Off Street,Tandem,Driveway

Pool:

Spa:

Patio/Porch: Porch

Fencing: Fenced/Enclosed,Fenced

Lot Features: Level

View: (, Waterview Y/N: No)

Waterfront:

Road Frontage: Public ()

Road Surface: Paved

Road Responsibility: Public Maintained Road

Other Structures:

Horse Amenities:

Wooded Area:

Pasture Area:

Cultivated Area:

Additional Parcels: (Number: )

Outdoor Space:

Community & Association

Community Features: Public Transportation,Shopping,Park,Medical Facility,Laundromat,Conservation Area,House of Worship,Marina,Private School,Public School,T-Station,University

Association Fee: ()

Fee Includes:

Association Amenities:

Pets Allowed:

Schools: E: , M: , H:

Zoning: R2 ()

MLS Area: Major: , Minor:

Management:

Optional Fee: (Includes: )

Property Description

Meticulously maintained, owner occupied 2 family home conveniently located in Salem near the Peabody line. Unit 1-Enter to a spacious living room with lots of natural sunlight, a dining room, a bedroom with two closets, an extra-large eat in kitchen with access to the rear yard and a full bath. 1st floor boasts hardwood flooring in 3 rooms & vinyl flooring in the kitchen. Unit 2 is multi level-. the 1st level has a front hall, a large living room, a dining room, a bedroom (currently an office), and a full bath. The 2nd floor offers two oversized bedrooms each with their own staircase & large closet. Wall-to-wall carpeting on both levels and vinyl flooring in the kitchen. There is a fenced yard with a large storage shed. Interior and exterior access to the basement that hosts washer & dryer hook ups. Updated Electrical, Hot Water Tanks, Oil Tanks and Windows. Parking for 3 cars in the driveway. Minutes to the commuter rail, downtown Salem, restaurants & shops as well as major routes.

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: 2

Units Owner Occupied:

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

Unit 2: Beds: 3, Full Baths: 1, Half Baths: 0, Levels: 2, Rent: 1450, Lease: N

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

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

Complex Complete:

Unit Building:

Financial & Lease Information

Tax Annual Amount: 6501 (Year: 2024)

Tax Assessed Value: 559500

Tax Block/Lot/Book/Map: / 0228 / 12824 / 17

Parcel Number: 2129642

Special Licenses:

Current Financing:

Gross Income: 17400 (Scheduled: 0)

Net Operating Income: 17400

Operating Expense: 5700 (Water/Sewer: 2500, Insurance: 2700)

Financial Data Source:

APOD Available: No

Tenant Pays:

Rent Includes: Unit 1(Water),Unit 2(Water)

Total Actual Rent: 1450

Lease Term: (Existing Type: )

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

Insurance Required:

References Required:

Listing & Agent Information

Listing Agent: Maria Salzillo (MLS ID: C9501327) / Team:

Listing Office: (MLS ID: AC2087)

Agent (Property): 57

Buyer Agent MLS ID:

Buyer Office MLS ID:

Listing Agreement: Exclusive Right To Sell

Listing Contract Date: 2025-01-22

Expiration Date: 1900-01-01

Original List Price: 749900

Price Per SqFt (List): 321.02

Market Time (Property): 6 (Broker: 6, Prev Broker: 0, Prev Property: 0)

MLS Status: Under Agreement

Possession:

Directions: Oakland to Balcomb

Disclosures: Sellers have not lived in home for many years. Buyer and buyer agent to perform their own due diligence. 2nd floor tenant has occupied unit for over 30 years,realizes that their rent is below market and may consider remainng if the updated rent were workable., N

Lead Paint: Unknown

Title 5:

Exclusions: 1 Washer And 1 Dryer In Basement As Well As Refrigerator And Storve On Second Floor

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: 375)

Sale Information (if applicable)

Close Date:

Close Price:

Price Per SqFt (Sold):

Anticipated Sold Date: 2025-03-07T05:00:00.000Z

Concessions Amount:

Purchase Contract Date: 2025-01-28

Sold vs Rent:

System Information

Property ID: 1662542

Modification Timestamp: 2025-02-24T22:21:00.000Z

Bridge Modification Timestamp: 2025-02-24T22:26:58.484Z

Original Entry Timestamp: 2025-01-22T21:38:00.000Z

Status Change Timestamp: 2025-01-28T17:41:00.000Z

Off Market Date: 2025-01-28

Development Status:

Business Type:

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