13 days on rocket

10 Howard St, Salem, MA, 01970

$1,699,000

Home List Price

$10,000*

Closing Credit

15 Bedrooms
7 Full Baths
5,110 SqFt
$332/SqFt
Multi
Schools Nearby

Location

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10 Howard St, Salem$1,699,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive
Year Built1900
HeatingNatural Gas
BasementYes
WaterfrontBeach
MLS #73240469
Lot Size0.04 Acres
StatusActive

About 10 Howard St

Fantastic investment opportunity! This licensed lodging house offers 15 units with a total of 24 rooms, boasting 4 private baths and 3 common baths. Conveniently situated near the commuter train station and downtown Salem, tenants enjoy easy access to transportation and amenities. With 2 parking spaces, convenience meets practicality. Recently painted and featuring updated cabinetry, this property is turnkey and ready for new ownership. Possibly convert to regular apartments (many rooms have connecting doorways) or condos (city approval may be required). New furnace was put in 2019. Roof reshingled late spring 2021. Floors just completely refinished. 90% of windows are new. Don't miss out on this lucrative venture! Floor plans available.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 5,110 SqFt

Listing Office:

  • Office Name: Armstrong Field Real Estate
  • Listing Agent: The Green Team

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Wood
  • Interior: Kitchen, Laundry Room, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 7
  • Total Bedroom Count: 15

Exterior Features

Exterior Information:

  • Waterfront: Beach

Parking Information:

  • Parking: Paved Drive

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

School Info

Assigned Schools Information:

  • Salem High School, Public District Grades 9-12
  • Saltonstall School, Public District Grades KG-8
  • Collins Middle School, Public District Grades 6-8
  • Nathaniel Bowditch, Public District Grades KG-8
  • Carlton, Public District Grades KG-5
  • Bates, Public District Grades KG-5
  • Horace Mann Laboratory, Public District Grades KG-5

Other

Directions Information:

  • Directions: Brown Street to Howard Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,699,000
  • Price Per SqFt: $332/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2.0

Tax Information:

  • Annual Amount: $10,346
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Salem, MA.

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Salem, MA

City

Med. Sold Price

$560K

Med. Price/SqFt

$382

Avg. Days On Market

23

# of Sold Homes

39

10 Howard St vs Salem

13 DAYS ON ROCKET

-10 Days

$1,699,000

+$1.1M More

$332/SqFt

-$50 Less

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $50/SqFt less than other homes in Salem, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73240469

Listing Office:

  • Office Name: Armstrong Field Real Estate
  • Listing Agent: The Green Team

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 6/3/2024, 12:55:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 01, 1999Home Sold
$200,000

Tax History

YEARPROP. TAXASSESSMENT
2021$10,346$749,700
2020$9,796$677,900
2019$9,261$613,300
2018$8,227$534,900
2017$7,943$500,800

History based on county public records data.

Payment Calculator

$8,547

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,160

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7876230
3
/10

  • Carlton

  • 10 Skerry St

  • 0.56 miles

  • Public District Grades KG-5

school-card-donut-7876231
3
/10

  • Bates

  • 53 Liberty Hill Ave

  • 1.03 miles

  • Public District Grades KG-5

school-card-donut-7876232
4
/10

  • Horace Mann Laboratory

  • 33 Loring Ave

  • 1.39 miles

  • Public District Grades KG-5

Middle School

school-card-donut-7876233
4
/10

  • Saltonstall School

  • 211 Lafayette St

  • 0.71 miles

  • Public District Grades KG-8

school-card-donut-7876234
3
/10

  • Collins Middle School

  • 29 Highland Ave

  • 0.94 miles

  • Public District Grades 6-8

school-card-donut-7876235
2
/10

  • Nathaniel Bowditch

  • 79 Willson St

  • 1.42 miles

  • Public District Grades KG-8

High School

school-card-donut-7876236
3
/10

  • Salem High School

  • 77 Willson St

  • 1.57 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,636. Typical income of Salem, MA residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Essex County›Salem›01970›10 Howard St

This home is located at 10 Howard St in Salem, MA and zip code 01970. This 5,110 square foot home, which was built in 1900, sits on a 0.04 acre lot. Features: 15 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since May 20, 2024 and is currently priced at $1,699,000.

While more than 21 listings in Salem, MA in May 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 13 were sold below. The number of homes for sale in Salem, MA increased by 32.7% between April 2024 and May 2024. In May 2024 median list price was $560,000 and the average listing age was 23 days.

From Rocket Homes Real Estate and based on county public records data.

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