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23 Arbella St

Salem, MA 01970

9 beds
5 baths
3,782 sqft
5,401 sqft lot
$315 per sqft
1880 build
– on site

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Incredible investment opportunity in the most desired area of Salem. This large three family home has 2 two bedroom units with 1 bathroom each and one 5 bedroom unit with 2.5 bathrooms and laundry in unit. Units 1 and 2 are made up of mostly hardwood floors with some vinyl. Unit 3 also has a combination of hardwood and vinyl as well as some carpet throughout. Unit 2 which will be delivered vacant has recently been updated with stainless steel appliances, granite countertops and additional upgrades in the bathroom. Units 1 and 3 have exclusive deck space and all three units have off street parking. All utilities and systems are separated. With collins cove and park located at the end of the street, the Salem Common around the corner and commuter rail close by, this is an unbeatable property perfect for either an owner occupant or an investor looking to add to their portfolio. Join us for the open houses Thursday 9/12 from 5-7, Saturday 12-2 or Sunday 12-2pm.

Listing courtesy of MLSPIN / Farrar Realty Group / Atlantic Coast Homes,Inc

Last checked: Checking… • Last updated Oct 15, 2024 •

MLS# 73287949 —

The Building

Year Built:

1880
Year Built Details:

Actual
Year Built Source:

Public Records
Construction Materials:

Frame
Roof:

Shingle
Basement:

Full
Foundation Details:

Stone
Exterior Features:

Professional Landscaping
Patio And Porch Features:

Deck
Stories Total:

6
# of Units Total:

3
Building Area Total:

3782
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Rooms Total:

18
Flooring:

Vinyl
Fireplace:

false

Room Dimensions

Living Area:

3782

Location

Directions:

Take Bridge or Collins to Arbella.
Latitude:

42.528564
Longitude:

-70.888847

The Property

Parcel Number:

M:36 L:0394,2137535
Property Type:

Residential Income
Property Subtype:

3 Family
Lot Features:

Level
Lot Size Units:

Acres
Lot Size Area:

0.12
Lot Size SqFt:

5401
Lot Size Acres:

0.12
Zoning:

R2
Water View:

Yes
Water View Features:

Ocean
Waterfront:

false
Waterfront Features:

Beach Front
Farm Land Area Units:

Square Feet
Road Frontage Type:

Public

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Book Number:

26587
Tax Annual Amount:

8896
Tax Assessed Value:

765600

Beds

Bedrooms Total:

9

Baths

Total Baths:

4.5
Total Baths:

5
Full Baths:

4
Half Baths:

1

The Listing

Home Warranty:

false

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:

7
Parking Features:

Paved Drive
Open Parking:

true

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
10/11/24 Oct 11, 2024	Sold	MLSPIN	$1,195,000	1.4%
9/23/24 Sep 23, 2024	Pending	MLSPIN	$1,179,000
9/18/24 Sep 18, 2024	Sold Subject To Contingencies	MLSPIN	$1,179,000

Multifamily Sold on 10/11/2024

$1,195,000

Listing provided by broker:

Farrar Realty Group

Atlantic Coast Homes,Inc

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Listing Courtesy of: MLSPIN and Atlantic Coast Homes,Inc.

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.

23 Arbella St

Salem, MA 01970