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Listed by Mark Pitzi of Coldwell Banker Realty - Beverly

Listing Sold by Boston Commercial Realty
Charming well maintained 3 family on corner lot in the heart of Salem! This large 16 room 8+ bed 3 family features two very spacious 1st and 2nd floor units and a 3rd floor 1 bedroom unit with spectacular views from the roof-deck. All utilities were separated and gas heating systems within the past 10 years. New garage roof. Garage spaces rented for additional $500 a month! The property sits on a huge lot with 4 garage spaces, 6+ additional off-street parking spaces and a spacious back yard for entertaining. Coin-Op Laundry in basement brings in extra income. The property is in close proximity to major highways, public transportation and downtown Salem. Come take advantage of the great cash flow opportunity for investors or owner-occupied while renting out the other units. Great Condo Conversion or Development Opportunity with the huge lot! Cash Cow with over $6,400 in monthly income! Open House Sunday 7/18, 12-2pm. Offers due Tuesday 7/20 at 2pm.

Property Details of 1 Japonica Avenue

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