5 Herbert St, Salem, MA 01970
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5 Herbert St, Salem, MA 01970
5 Herbert St, Salem, MA 01970
5 Herbert St, Salem, MA 01970
5 Herbert St, Salem, MA 01970
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$ 625,000
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5 Herbert St Salem, MA 01970

2 Beds

2 Baths

1,786 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,786 sqft

Price per Sqft $349

MLS Listing ID 73506256

Bedrooms 2

Full Baths 2

Year Built 1864

Annual Tax Amount $8,406

Tax Year 2025

Lot Size 1,742 Sqft

Acres 0.04

Property Sub-Type Multi Family

Property Description

EASY TO OWN - Well-Maintained 2-Unit Apartment Building in a Prime Location. An investment opportunity in an area tenants love. This well-kept 2-unit property features two one-bedroom apartments and additional finished attic space. Just moments from the train, Derby Wharf, Salem Common, Peabody-Essex Museum, and downtown shops and restaurants, making it highly desirable for renters. Property Features: Coin-op laundry in the basement, individual FHW gas heating units (installed within the last 5 years), tandem parking for 2 cars, plus on-street permit parking, newer carpets, and replacement of some windows, skylights, and a Juliet balcony on the third floor. FOR THE SMART BUYER looking to invest in a property with strong rental appeal and long-term potential. Showings by appointment only, beginning on Saturday 1pm-3pm. Please allow 48 hours for responses to Offers. Seller reserves the right to accept an Offer at any time.

Location

State MA

County Essex

Zoning R2

Direction Herbert St. is a one-way off of Derby St. Between Derby St. and Essex St. near Hawthorne Hotel

Rooms

Basement Full, Interior Entry, Concrete, Unfinished

Interior

Interior Features Laundry Room, Bathroom With Tub & Shower, Living Room, Kitchen

Heating None, Baseboard, Natural Gas, Individual, Unit Control

Cooling None

Flooring Vinyl, Carpet, Laminate

Appliance Washer, Dryer, Range, Refrigerator

Exterior

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Marina, Public School, T-Station, University

Roof Type Shingle

Total Parking Spaces 2

Garage No

Building

Lot Description Level

Story 2

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false


Listed by J. Barrett & Company

NEARBY SCHOOLS & PROPERTIES

Syndi Zaiger

Syndi Zaiger

Broker | AN9540262

+1(508) 843-0300

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5 Herbert St