483 Highland Ave, Salem MA 01970

Salem, MA 01970 • South Salem

$2,900,000

Est. $15,917/month

1,290

Sq Ft

$2,248

Price/Sq Ft

0.27

Acres

1956

Year Built

168

Days on Market

Pending Listed May 23, 2024 • MLS# 73241680 Copied!

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About this home

Redevelopment opportunity. Six lots are offered, anchored with 483-485 Highland Avenue. The total land represented is 1.7 acres with parcels being located in Salem as well as Lynn, MA. The offering moves through multiple zoning classifications.

Property Overview

Listing Type

Commercial Sale

Year Built

1956

Living Area

1,290 sq ft

Facts & Features

Home Facts

Type Commercial Sale

Year Built 1956

Living Area 1,290 sq ft

Lot Size 0.27 acres

Interior

Heating None

Cooling None

Flooring None

Appliances None

Fireplace None

Basement None

Laundry None

Features None

Exterior

Construction None

Architecture None

Roof None

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features None

Utilities

Electric None

Water None

Sewer None

Gas None

Other Public Water, Public Sewer, Natural Gas Available, 440 Volts

Financial

Annual Tax $12,632

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Year Built: 1956

Structure Type:

Exterior Materials:

Roof:

Foundation:

Heating, Cooling & Utilities

Heating:

Cooling:

Hot Water:

Water Source:

Sewer:

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

South Salem

483 Highland Ave, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

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Down Payment

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Down: $0

Interest Rate

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Loan Term 30 years 15 years

Monthly Payment Breakdown

Principal & Interest $0

Property Tax $1,053

Homeowners Insurance $200

PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0

Total principal paid $0

Total interest paid $0

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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

May 23, 2024

$2,900,000

Original listing

Agent: Christopher A. Brown Office: eXp Realty

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
05/23/2024	🏠 Listed for Sale	$2,900,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
May 23, 2024	New Listing Added	$2,900,000	—

Market Statistics

Days on Market

168 days

Price per Sq Ft

$2,248

Tax History

Year	Taxes	Assessment
2024	$12,632	—

Financial Details

Annual Property Tax

$12,632

Tax Year 2024

Listing Information

Listing Agent Christopher A. Brown

Listing Office eXp Realty

Agent MLS ID C8000793

Office MLS ID AC0342

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