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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. mOST windows are newer. Don't miss out on this lucrative venture! Floor plans available. SELLER MAY FINANCE THE SALE WITH 30%+ DOWN PAYMENT AND GREAT CREDIT.

Property Details of 10 Howard Street

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Salem, MA Schools

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Listed by The Green Team of Armstrong Field Real Estate

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