Unit Information
A true turnkey investment awaits at 14 Forest Ave in desirable downtown Salem! This meticulously maintained two-family home, encompassing approximately 2380 sq ft of living space, offers an exceptional opportunity with a strong rental history and significant capital improvements already in place. Investors will appreciate the peace of mind provided by slate roof and newer vinyl siding, coupled with the crucial 2023 updates of new forced hot air furnaces and condensers for both units. Unit 1 is currently leased at $2,900 a month featuring the sought-after convenience of in-unit laundry, a new hot water tank (2024), a private side deck, and two parking spaces. Unit 2, recently vacated and poised for new tenancy at an estimated $2,750/month, provides immediate rental potential and includes a private side porch. With a full basement and walk-up attic for extensive storage or living space expansion. This property is a compelling asset in the robust Salem real estate market.
- Additional Details
- Status: NEW
- Type: Multi-Family, 2 Family - 2 Units Up/Down
- Zip Code: 01970
- Levels: 3
- Parking
- Parking: Off Street, Tandem
- Parking Spaces: 2
- Rooms and Dimensions
- Total Units: 2
- Total Floors: 3
- Total Rooms: 10
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$849,000
- Status: New
- Listing ID: 73385355
- Bedrooms: 6
- Full Baths: 2
- Living Area: 2,380 sqft Convert
- Lot Size: 2,696 sqft Convert
- Acres: 0.06
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Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |