MA > Salem
Salem, MA 01970,47 Winthrop St
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Salem, MA 01970,47 Winthrop St
Salem, MA 01970,47 Winthrop St
Salem, MA 01970,47 Winthrop St
Salem, MA 01970,47 Winthrop St
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John J. Dean Jr.

John J. Dean Jr.

Engel & Völkers Americas

+1(617) 553-1926
$ 1,050,000
Est. payment /mo
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Pending

47 Winthrop St Salem, MA 01970

7 Beds

4.5 Baths

2,858 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Pending

Purchase Type For Sale

Square Footage 2,858 sqft

Price per Sqft $367

MLS Listing ID 73381487

Bedrooms 7

Full Baths 4

Half Baths 1

Year Built 1915

Annual Tax Amount $8,806

Tax Year 2025

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type 3 Family

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.

Location

State MA

County Essex

Zoning B1

Direction Jefferson Ave to Winthrop St. and Broad St. to Winthrop St.

Rooms

Basement Full, Unfinished

Interior

Interior Features Laundry Room, Stone/Granite/Solid Counters, High Speed Internet, Upgraded Cabinets, Bathroom With Tub & Shower, Smart Thermostat, Remodeled, Living Room, Kitchen, Dining Room

Heating Hot Water, Natural Gas, Forced Air, Heat Pump, Oil

Cooling Heat Pump

Flooring Tile, Hardwood

Appliance ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, Range, Refrigerator

Exterior

Exterior Feature Rain Gutters

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, House of Worship, Public School, T-Station, University, Sidewalks

Utilities Available for Gas Range

Roof Type Slate,Rubber

Total Parking Spaces 1

Garage No

Building

Lot Description Level

Story 3

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Nina-Soto Realty, LLC
agent

John J. Dean Jr.

Real Estate Advisor | License ID: 9512783

+1(617) 553-1926

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