Listing Courtesy of: MLS PIN / Listed By: Dan Pouladian, North Shore Realty Advisors
8-10 & 5 Porter St Ct & Ropes Portfolio Salem, MA 01970
Active
$4,200,000 (USD)
OPEN HOUSE TIMES
-
OPENWed, Jun 311:00 am - 1:00 pm
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.
MLS #:
73528048
73528048
Taxes
$35,875(2026)
$35,875(2026)
Lot Size
0.4 acres
0.4 acres
Type
Multifamily
Multifamily
Year Built
1915
1915
County
Essex County
Essex County
Listed By
Dan Pouladian, North Shore Realty Advisors
Source
MLS PIN
Last checked Jun 2 2026 at 2:59 PM GMT+0000
MLS PIN
Last checked Jun 2 2026 at 2:59 PM GMT+0000
Bathroom Details
Interior Features
- Windows: Insulated Windows
Lot Information
- Level
Property Features
- Fireplace: 0
- Foundation: Stone
- Foundation: Brick/Mortar
Basement Information
- Full
- Interior Entry
Flooring
- Tile
- Hardwood
- Vinyl
Exterior Features
- Roof: Rubber
- Roof: Shingle
Utility Information
- Utilities: Water: Public, For Gas Range, For Electric Range, Varies Per Unit
- Sewer: Public Sewer
- Energy: Varies Per Unit
Garage
- Garage
Parking
- Assigned
- Off Street
- Total: 27
Stories
- 3
Living Area
- 13,472 sqft
Location
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