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11 Hancock St

Salem, MA 01970

4 beds
4 baths
2,974 sqft
3,707 sqft lot
$395 per sqft
1917 build
– on site

This well-maintained four-family property consists of four 1-bedroom units, perfectly situated near Salem's commuter rail and Salem State University. Each unit features hardwood floors and abundant natural light. The property includes on-site laundry and off-street parking, rare amenities in this sought-after area.Located just minutes from Salem’s historic downtown, with its rich culture, dining, and entertainment options. With stable rental income and significant potential for growth, this property is an investor's dream. The proximity to major transportation and educational hubs ensures consistent demand year-round. Don't miss your chance to own this exceptional investment in one of Salem’s most desirable locations.

Listing courtesy of MLSPIN / Herrick Lutts Realty Partners / Herrick Lutts Realty Partners

Last checked: Checking… • Last updated Nov 8, 2024 •

MLS# 73294342 —

The Building

Year Built:

1917
Year Built Details:

Approximate
Year Built Source:

Public Records
Construction Materials:

Frame
Roof:

Slate
Basement:

Full
Foundation Details:

Stone
Stories Total:

4
# of Units Total:

4
Building Area Total:

2974
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Rooms Total:

16
Interior Features:

Living Room
Fireplace:

false

Room Dimensions

Living Area:

2974

Location

Directions:

Please use GPS
Latitude:

42.512632
Longitude:

-70.893363

The Property

Parcel Number:

M:33 L:0265,2134819
Property Type:

Residential Income
Property Subtype:

4 Family
Lot Features:

Corner Lot
Lot Size Units:

Acres
Lot Size Area:

0.09
Lot Size SqFt:

3707
Lot Size Acres:

0.09
Zoning:

R2
Waterfront:

false
Farm Land Area Units:

Square Feet
Road Frontage Type:

Public

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Book Number:

30506
Tax Annual Amount:

9167
Tax Assessed Value:

788900

Beds

Bedrooms Total:

4

Baths

Total Baths:

4
Total Baths:

4
Full Baths:

4

The Listing

Home Warranty:

false

Heating & Cooling

Heating:

Natural Gas
Heating:

true
Cooling:

Window Unit(s)
Cooling:

true

Utilities

Electric:

Circuit Breakers
Sewer:

Public Sewer
Water Source:

Public

The Community

Senior Community:

false
Community Features:

Public Transportation
Spa:

false

Parking

Garage:

false
Parking Total:

5
Parking Features:

Assigned

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/4/24 Nov 4, 2024	Price Changed	MLSPIN	$1,175,000	-2.1%
9/24/24 Sep 24, 2024	Listed / Active	MLSPIN	$1,199,900	215.8% (16.3% / YR)
7/1/11 Jul 1, 2011		MLSPIN	$380,000

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This multifamily located in South Salem, Salem, MA 01970 is currently for sale for $1,175,000. 11 Hancock St is a 2,974 square foot multifamily with 4 beds and 4 baths that has been on Estately for 61 days. 11 Hancock St is in the South Salem neighborhood of Salem and has a WalkScore® of 87, making it very walkable. This multifamily is in the attendance area of Saltonstall School, Bentley Elementary School, Witchcraft Heights Elementary School, Carlton Elementary School, Bates Elementary School, Salem High School, Collins Middle School, Horace Mann Laboratory School, and Nathaniel Bowditch School.

Listing Courtesy of: MLSPIN and Herrick Lutts Realty Partners.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.