Sold
Property Description
7 Hancock Street is a 4-unit multifamily located in Salem, Massachusetts. 7 Hancock Street provides investors with a value-add opportunity in a rapidly appreciating submarket. Salem, one of the North Shores most vibrant towns, is known for its museums and attractions dedicated to the city’s rich history which draws hundreds of thousands of tourists annually. 7 Hancock Street is conveniently situated between Salem State University and down-town Salem, providing a healthy renter population of both students and professionals. The neighborhood commuters enjoy the benefit of being in close proximity to Rte 1, I-95, and Salem’s MBTA Station, which provides residents quick and easy access to down-town Boston.
Location
MA
Essex
Salem
01970
7
Hancock
Lafayette to Hancock Street via 1A
W71° 6′ 25”
N42° 30′ 45.3”
7 Hancock, Salem MA 01970
7
School Information
Community Information
1
Additional Information
N
Unknown
Systems and Appliances
: Public Sewer
Home owner association information
4
Zoning/Tax Information
$8,490
2021
R2
264
13086
$615,200
Building Information
$41,508
5,433 Sqft
Appraiser
8
: Public
No
Paved
No
No
Living Space
$19,692
Features
: 3
No
: Other
: Other
Listing Agent/Office
Boston Realty Advisors
Ryan McDonald
NB9260
CN237530
641
7 Hancock, Salem MA 01970 – 4 Family For Sale
7 Hancock, Salem, Massachusetts 01970
10 Bedrooms
4 Full Bathrooms
5,433 Sqft
$980,000
Listing ID #72877610
Basic Details
Sold Price : $1,100,039
Price : $980,000
Original List Price : $980,000
Property Type : 4 Family
Listing Type : For Sale
Buyer Agency Compensation : 1
Listing ID : 72877610
Listing Category : Multi-family
Listing Status : Sold
Listing Sub-Status : Sold
Days on Market : 317
Bedrooms : 10
Total Bathrooms : 4
Full Bathrooms : 4
Total Rooms : 26
Living Area : 5,433 Sqft
Year Built : 1917
Lot Size : 6,120 Sqft
Lot Size (Acres) : 0.14
List Date : 08/06/2021 10:07 AM
PurchaseContractDate : 08/17/2021
Off Market Date : 08/17/2021
CloseDate : 09/20/2021
Last Status updated: : 11/04/2021 09:43 AM
Mortgage Calculator
Agent info
Douglas Elliman
20 Park Plaza, Boston MA
Contact Agent