Multi-Family for Sale: 11 Hancock St, Salem, MA 01970

4 beds
4 full baths
2,974 sqft
$1,175,000
$1,175,000
11 Hancock St, Salem, MA 01970
4 beds
4 full baths
2,974 sqft
$1,175,000
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Price:
$1,175,000
$24,900 - 11/04/2024

Type Multi-Family
Beds 4
Total Baths 4 full baths
Square Feet 2,974 sqft
Lot Size 0.09 acres
Year Built 1917

City Salem
County Essex

MLS 73294342
Status Pending
DOM 84 days
This well-maintained four-family property consists of four 1-bedroom units, perfectly situated near Salem's commuter rail and Salem State University. Each unit features hardwood floors and abundant natural light. The property includes on-site laundry and off-street parking, rare amenities in this sought-after area.Located just minutes from Salem’s historic downtown, with its rich culture, dining, and entertainment options. With stable rental income and significant potential for growth, this property is an investor's dream. The proximity to major transportation and educational hubs ensures consistent demand year-round. Don't miss your chance to own this exceptional investment in one of Salem’s most desirable locations.

Lot & Building Features

Construction Frame
Cooling Window Unit(s)
Heating Natural Gas
Sewer Public Sewer
Tax Year 2024
Taxes Paid $9,167
Water Public
Foundation Stone
Interior Features Kitchen, Living Room
Roof Slate
Full Baths 4
Parking Assigned
Total Rooms 16
Basement Feature Full, Interior Entry
Garage Spaces 0

Price History of 11 Hancock St

Date Name Price Difference
11/04/2024 Price Adjustment $1,175,000 2.08%
09/24/2024 Listing Price $1,199,900 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$925,000
$329 / sqft
Average
$1,040,000
$351 / sqft
High
$1,200,000
$390 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Salem 01970 4 4.0 $1,175,000 2,974 $395 N/A
15 Perkins St Peabody 01960 5 3.0 $995,000 3,002 $331 09/16/2024
7 Home St Beverly 01915 5 5.0 $1,200,000 3,077 $390 08/30/2024
4 Lovett St Beverly 01915 5 3.0 $925,000 2,808 $329 11/26/2024

Map of 11 Hancock St, Salem, MA

Location Map Street View
Photo of Celine Frechette
Direct: 603-770-4595
Office
240 Ocean Blvd
Seabrook Beach, NH 03874
603-474-3401
Listed by Herrick Lutts Realty Partners, Herrick Lutts Realty Partners
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11 Hancock St (MLS #73294342) is a multi-family listing located in Salem, MA. This multi-family listing is 2,974 sqft and on a lot of 3,707 sqft (or 0.09 acres) with 4 bedrooms, 4 baths and is 107 years old. This property was listed on 09/24/2024 and has been priced for sale at $1,175,000.

The 5 bedroom multi-family listing at 4 Lovett St in Beverly is nearby and sold for $925,000 on 11/26/2024. Another nearby 5 bedroom multi-family listing, 7 Home St in Beverly sold for $1,200,000 on 08/30/2024.

Nearby zip codes are 01907, 01915, 01945, 01960 and 09170. This property neighbors other cities such as Beverly, Danvers, Marblehead, Peabody and Swampscott.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Herrick Lutts Realty Partners

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.