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47 Winthrop St, Salem, MA 01970
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$1,050,000
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Home Details for 47 Winthrop St
Price
$1,050,000
Type
Multi Family
Bedrooms
7
Total Bathrooms
5
Full Bathrooms
4
Half Bathrooms
1
Year Build
1915
Sq. Ft.
2858
Lot Size
0.07
County
Essex
Total Rooms
14
Basement
Full, Unfinished
Tax
$8,806
MLS®️ Listing#
73381487
On exitrealty.com
174 days
Property Description
Turnkey 3-family gem in the heart of downtown Salem! Fully renovated units, strong rental income, and location make this an exceptional opportunity for investors or owner-occupants seeking cash flow and long-term growth. Unit 1 offers 3 beds/2 baths with stylish finishes and generous living space. Unit 2 features 3 beds/1.5 baths has been renovated and will be delivered vacant ideal for an owner to move right in. Unit 3 is a spacious 1 bed/1 bath with separate kitchen, living and dinning room. Beautiful hardwood floors, modern kitchens, and updated baths through out the home. Exterior improvements and solid systems make this a low-maintenance asset. Current rents: $3,300 (U1), $3,100 (U2), $2,022 (U3). Excellent tenant history, responsible residents, and unbeatable proximity to shops, dining, commuter rail, and waterfront. Whether you're looking to expand your portfolio or live in one unit and let the others pay the mortgage this property checks all the boxes.
- Heating Information
- Natural Gas
- Heat Pump
- Hot Water
- Forced Air
- Oil
- House Interior
- High Speed Internet
- Smart Thermostat
- Parking
- Paved
- Off Street
- Basement
- Full
- Unfinished
- Cooling Information
- Heat Pump
- Water Features
- Public
Listing Courtesy: Nina-Soto Realty, LLC - 978-594-1292. Presented by: The Alianza Group
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. Copyright ©2025 MLS Property Information Network, Inc. All Rights Reserved.
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Market statistics compiled from data from Massachusetts Association of REALTORS.
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$1,050,000
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