16-18 Loring Ave

Salem,MA 01970

$ 1740000

$ 1959000 11.2%

9 Beds

6 Baths

5998 SqFt


Key Details

Sold Price $1,740,000

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Side by Side

Listing Status Sold

Purchase Type For Sale

Square Footage 5,998 sqft

Price per Sqft $290

MLS Listing ID 73338064

Sold Date

Bedrooms 9

Full Baths 5

Half Baths 2

Year Built 1895

Annual Tax Amount $22,804

Tax Year 2025

Lot Size 0.410 Acres

Acres 0.41

Property Sub-Type 5+ Family - 5+ Units Side by Side

Property Description

Prominent Victorian home with total of 5 units and recent approval for 6th, along with 6 large concrete garages located in the rear of property on Charles Street. This home has been in the same family for over 60 years, has been well maintained, with long term tenants and empty owners unit with plans to split into 2 units. Great detail inside and out, this property boast high ceilings, hardwood floors, detailed fireplace rooms as well as the added income from the 6, 12 x 35' garages underneath the yard in the rear of the property.

Location

State MA

County Essex

Area South Salem

Zoning R2

Direction 1A, across from the Horace Mann School

Rooms

Basement Full

Interior

Flooring Wood,Tile,Vinyl,Carpet

Fireplaces Number 4

Exterior

Garage Spaces 6.0

Community Features Public Transportation,T-Station

Utilities Available Varies per Unit

Roof Type Shingle

Total Parking Spaces 7

Garage Yes

Building

Lot Description Level

Story 6

Foundation Stone,Granite

Sewer Public Sewer

Water Public

Others

Senior Community false

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