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Listed by Kaitlyn Soucy of LAER Realty Partners/Salem
Wonderful 5 unit building on a level lot with 8 assigned off street parking spots! Improvements include - remodel of two units, three new propane heaters, new furnace, electrical and insulation updates. Plus, there is a brand new office space complete with a bathroom that was converted from a storage room. The current rents are below market value and allow for the next owner to increase as they see fit. Units are in the process of switching over to pay their own utilities. Don't miss the chance to add this property to your portfolio and take advantage of this property being in an opportunity zone. To top it off this property brings in a net income of over $20,000 at 75% capacity! Quick close possible!

Property Details of 12 Briggs Street

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Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated February 26, 2021.

 

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