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14 Forest Ave, Salem, MA 01970

Beds
6
Baths
2
Sqft
2,380

View property features, location on map, relevant school information and overview from seller's agent.

Listed byColdwell Banker Realty - Cambridge
  • 2
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Overview

A true turnkey investment awaits at 14 Forest Ave in desirable downtown Salem! This meticulously maintained two-family home, encompassing approximately 2380 sq ft of living space, offers an exceptional opportunity with a strong rental history and significant capital improvements already in place. Investors will appreciate the peace of mind provided by slate roof and newer vinyl siding, coupled with the crucial 2023 updates of new forced hot air furnaces and condensers for both units. Unit 1 is currently leased at $2,900 a month featuring the sought-after convenience of in-unit laundry, a new hot water tank (2024), a private side deck, and two parking spaces. Unit 2, recently vacated and poised for new tenancy at an estimated $2,750/month, provides immediate rental potential and includes a private side porch. With a full basement and walk-up attic for extensive storage or living space expansion. This property is a compelling asset in the robust Salem real estate market.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
6
Number of bathrooms
2
Square feet
2,380
Lot size (acres)
0.06
Year built
1915

Interior features

Basement
Yes

Utilities

Heating
Natural gas, Central
Cooling
Central air
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2025)
$7,453

Public schools

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Sourced from: MLS Property Information Network (MLS PIN) MLS®#: 73385355 Last checked:

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