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$4,200,000
34 Beds
12 Baths12 full baths
13,472sqft
8-10 & 5 Porter St Ct & Ropes Portfolio, Salem, MA 01970
$4,200,000
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Multi Family
Built in 1915
$-- HOA
0.4 acre lot
$312/sq.ft
Description
5 Ropes Street and 8-10 Porter Street Court are two adjacent 3-story, 6-unit buildings with a total square footage of 19,720± and a rentable square footage of 13,472±. This offering includes twenty (20+) surface parking spots and 6-bay garages currently generating substantial income. Both buildings offer investors separately metered utilities, on-site coin-operated laundry facilities, and storage units per apartment for additional income. Investors will hedge any risk with multiple revenue streams within one investment opportunity. The offering is within walking distance of public transportation, restaurants, and many local amenities.
- Houzeo last checked: 58 minutes ago
- Listing updated: July 17, 2026 at 1:28 pm
- Listing Provided by: Dan Pouladian (617) 548-7737 | North Shore Realty Advisors (617) 548-7737
- Source: MLS Property Information Network-MA | MLS#: 73528048
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
--
Year Built
1915
HOA Fees
-
Finished Area
13,472 sqft
Lot Size
0.4 acre lot
Basement Area
- sqft
MLS Name
MLS Property Information Network
MLS Number
73528048
MLS Status
Active
Days on Market
46
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