This Property is No Longer Available
170 Salem Street, Boston, MA 02113
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$2,850,000
4 Unit
7 Beds
4 Baths
3348 SQFT
0.03 Acre

Property Description

Introducing 170 Salem Street—an EXTRAORDINARY 4-unit establishment perfectly positioned along Boston's revered Historical Freedom Trail. This remarkable property presents a RARE opportunity to own three residential units consisting of TWO GENEROUSLY-SIZED 3Bed/1Bath units, and ONE OVERSIZED 1Bed/1Bath Unit. The ground-level space is presently tenanted and operating as a thriving Convenience Store. Rental rates listed begin as of September 1, 2024 and remain in effect until August 31, 2025, with all Leases securely in place till then. The Commercial Space (Triple Net) Lease extends until December 2027 (Lease Terms available upon request). STRONG investment opportunity for immediate rental income or a tremendous potential VALUE-ADD opportunity for investors to maximize rent and square footage after renovation. Embrace the boundless possibilities awaiting at 170 Salem Street! Buyers to do their own due diligence.

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 10
  • Total Bedrooms: 7
  • Total Full Baths: 4

Financial

  • APOD Available: Yes
  • Gross Operating Income: 152496
  • Net Operating Income: 125653

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Floors: 4
  • Levels: 1

Construction

  • Year Built: 1899
  • Type: 4 Family
  • Foundation Info: Concrete Block
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73261716
  • Last Updated: 01/01/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
01/01/2025Expired$2,850,000$851MLSPIN
09/12/2024Temporarily Withdrawn$2,850,000$851MLSPIN
07/13/2024Active$2,850,000$851MLSPIN
07/09/2024New$2,850,000$851MLSPIN
11/11/2023Expired$2,993,000$894MLSPIN
11/06/2023Temporarily Withdrawn$2,993,000$894MLSPIN
08/15/2023Active$2,993,000$894MLSPIN
08/11/2023New$2,993,000$894MLSPIN

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Seller's Representative: Sandra Ventresca, Greenway Realty Group, LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 0
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-01-01 03:06:00

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