21 Nichols St, Salem, MA 01970
UNDER CONTRACT

21 Nichols St
Salem, MA 01970

  • 2 Beds
  • 2 Baths
  • 1,280 sqft
  • 2 Beds
  • 2 Baths
  • 1,280 sqft

$549,900

Est. Mortgage $3,451/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

Description

PRICE REDUCTION DUE TO INTEREST RATES. 2 family house in Witchcraft Heights, Salem, presents an incredible investment opportunity. Rent out both units or live in one and have tenants help with your mortgage. The first floor has been recently updated with a new kitchen, bathroom, and fresh paint, while the second floor features beautifully restored hardwood floors, a modern kitchen with new appliances, and a granite bar countertop. Major updates like a new roof, updated electric system, vinyl siding, separate utilities. Each unit has its own washer and dryer, and there's extra storage space in the basement. With leases ending at different times, you have flexibility in deciding whether to rent out both units or occupy one yourself. It's a fantastic opportunity to own a property in a desirable area of Salem close to commuter rail, downtown and great restaurants and waterfront. Rents are below market. OFFER DEADLINE 4/23 6PM

Home Highlights

Parking
2 Parking Spaces
Outdoor
Porch
A/C
Heating only
HOA
None
Price/Sqft
$430
Listed
25 days ago

Home Details for 21 Nichols St

Interior Features

Interior Details
Basement: FullNumber of Rooms: 8
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1280 Square Feet
Appliances & Utilities
Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer HookupLaundry: Electric Dryer Hookup,Washer Hookup
Heating & Cooling
Heating: Natural GasNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
No FireplaceNo Spa
Gas & Electric
Electric: 220 Volts
Windows, Doors, Floors & Walls
Window: Insulated WindowsDoor: Insulated Doors, Storm Door(s)Flooring: Wood, Laminate, Hardwood
Levels, Entrance, & Accessibility
Number of Stories: 3Floors: Wood, Laminate, Hardwood

Exterior Features

Exterior Home Features
Roof: Asphalt Composition ShinglesPatio / Porch: PorchFencing: FencedExterior: Rain GuttersFoundation: Concrete Perimeter
Parking & Garage
No GarageParking Spaces: 2Parking: Off Street,Tandem
Frontage
Road Frontage: PublicNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 25

Property Information

Year Built
Year Built: 1961
Property Type / Style
Property Type: Residential IncomeProperty Subtype: 2 Family - 2 Units Up/Down
Building
Construction Materials: FrameDoes Not Include Home Warranty
Property Information
Parcel Number: M:15 L:0239, 2128671

Price & Status

Price
List Price: $549,900Price Per Sqft: $430

Active Status

MLS Status: Contingent

Location

Direction & Address
City: Salem
School Information
Elementary School: WitchcraftJr High / Middle School: CollinsHigh School: Salem

Agent Information

Listing Agent
Listing ID: 73219947

Building

Building Area
Building Area: 1280 Square Feet

Community

Community Features: Public Transportation, Shopping, Medical Facility, House of Worship, UniversityNot Senior Community

Lot Information

Lot Area: 2648 sqft

Offer

Contingencies: InspectionListing Terms: Contract

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %Transaction Broker Commission: 0Transaction Broker Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

BasementMls Number: 73219947Zillow Contingency Status: Under ContractCompensation Based On: Gross/Full Sale Price

Additional Information

Public TransportationShoppingMedical FacilityHouse of WorshipUniversity
Last check for updates: about 19 hours ago
Listing courtesy of Cheryl Colarusso
Keller Williams Realty Boston Northwest
Source: MLS PIN, MLS#73219947

Price History for 21 Nichols St

DatePriceEventSource
04/24/2024$549,900ContingentMLS PIN #73219947
04/19/2024$549,900PriceChange
MLS PIN #73219947
04/10/2024$574,900PriceChange
MLS PIN #73219947
04/04/2024$599,000Listed For SaleMLS PIN #73219947
06/30/2021$499,000Sold
MLS PIN #72810181
05/05/2021$495,000PendingMLS PIN #72810181
04/21/2021$495,000ContingentMLS PIN #72810181
04/07/2021$495,000Listed For SaleMLS PIN #72810181
04/25/2003$257,000Sold
N/A

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Property Taxes and Assessment

Year2023
Tax$5,830
Assessment$466,000
Home facts updated by county records

Comparable Sales for 21 Nichols St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.10
Multi-Family Home
$600,000
11/30/23
3
2
1,766
0.08
Multi-Family Home
$645,000
05/09/23
4
2
1,736
0.54
Multi-Family Home
$700,000
02/27/24
4
2
2,000
0.52
Multi-Family Home
$755,000
04/26/24
4
2
2,408
0.74
Multi-Family Home
$770,000
01/05/24
4
2
1,644
0.78
Multi-Family Home
$600,000
11/17/23
4
2
2,405
0.70
Multi-Family Home
$690,000
03/22/24
4
2
1,776
0.32
Multi-Family Home
$975,000
11/30/23
7
4
3,083
0.38
Multi-Family Home
$875,000
05/05/23
7
3
3,110

What Locals Say about Salem

  • Trulia User
    "keeping eyes on each others respectful discipline and understanding, protecting eachothers, . their neighbors "
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  • Trulia User
    "I've lived here for about 5 years now and it is a great neighborhood. everyone is friendly and outgoing and there is a convenience store within walking distance and a close ride to downtown Salem or peabody. "
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  • Trulia User
    "my neighborhood is great because you're in between downtown Salem and the highway so you don't have to drive through Salem during Halloween at all!"
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  • Trulia User
    "I live here from 1 year and i like the position near the city and highways. I dont like only that "its not the feeling of comunity and neighborhood feeling". "
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  • Shannon D.
    "The dog park is great if you don’t have a yard! It’s on north street in Salem, just have to make sure to register prior to entry"
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  • Credicab85
    "Ive lived here my whole life and love it friendly historic area and unique neighborhoods. Amazing to see the old houses still in perfect condition, right next to brand new construction "
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  • Maxsons
    "Great parks and close to downtown activities and the museum is right there very close schools, walking distance "
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  • Darlenis S.
    "Close by to where we live. Train station is about 5 minutes away and there are bus stops pretty much on every corner"
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  • Pagemasterdesigns
    "I’ve lived in Salem for 26 years. Most of that time has been in South Salem. Everyone is very friendly, dog owners respectful, the city keeps it super clean. It’s a great place to live. We raised 5 children here and all attended the public schools. "
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  • Ally K. S.
    "The dog park is great. They have a small one for the little pups! lots of public parks and beaches. Lots of nice land scape to look at on walks!"
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  • Carl Panzram
    "My neighborhood boasts the uniquely gigantic one way street to observe all the ballin’ colonial mansions."
    4
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  • ARBrandner
    "Great access to public transit; We are close to 128/95, 1, and 1A. Traffic can be brutal in October, but is not so terrible that I would want to move. "
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  • Pagemasterdesigns
    "There is great access to public transportation all around Salem. The traffic is a nightmare though. We commute to Woburn daily and must leave an hour and a half early to get there. That is the downside. Traffic in and out of Salem is horrible most days too. You have to know the back roads to get around fairly quickly "
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  • Mia E. F.
    "it's a real life Halloween town with the positives of both a small town and a court all rolled into one"
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  • Ntpeirce
    "I take the bus to the commuter rail and then it is 30 minutes to north station in Boston. Or I can walk about 15 minutes to the train if I have time."
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  • Elvido P.
    "Great! I love the place, it’s quiet and no noise! Salem is the best town ever. Great places, stores, etc! "
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  • Krystle R.
    "I don’t live in the area I work in the area every October and I love it, aside from tourist traffic but I would love to live here!"
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  • Stephanie W.
    "Salem is crowded & expensive. I don’t know much about the schools, if I had to guess, I’d probably chose private school. "
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  • Jennifer A. L.
    "I've lived here for 3 years and its family friendly, with people from all walks of life, we have become.close with our neighbors!"
    27
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  • Sheree
    "Just moved here and love the community vibe. Very safe and beautiful. Feels like vacation every day. "
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  • Michaeldossantos83
    "nice place to walk dogs and very dog friendly. almost everyone has dogs here. also lots of interesting places and dog parks."
    3
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  • Cmsmous
    "Beautiful neighborhood I love it . Very convenient to comité to Boston using the commuter rail or boating "
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  • Jaesundarkson
    "All the stores in town are very dog friendly and people have a great fondness and are very welcoming to dogs in Salem."
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  • Chztruck
    "The commute on 128 & 93 are the worst. If I leave 5 minutes late, traffic is far worse. The evening commute is even worse then the morning."
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  • Chztruck
    "Haunted Happenings, waterfront, national park service, Peabody Essex Museum, restaurants, Ferry to Boston, commuter rail."
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  • Jaydan20008
    "great place to leave quiet neighborhood everything is there and fun in Halloween i want to buy a house in salem because i fall in love with salem"
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  • Sheree
    "Great area very community focused great neighbors very kid and dog friendly. Easy access to parks and water"
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  • Aileen D. L. C.
    "There is a dog park nearby and everyone walks their dogs and the neighborhood is extremely Dog friendly. "
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  • Tirwa_kailash2009
    "Very quite area, helpful neighbor. Walk to history of witch museum and every thing around this place. Anything leave outside will not loss and taken by anyone. "
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  • Savagenightlife
    "i love it. food is amazing the music is amazing it's a great team it's also very dog friendly and it's a very open and accepting and loving community"
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  • Joehascrabs
    "The streets are drag racing strips from people trying to avoid the many many many traffic lights. Speed signs are not enforced on side streets so children can't play outside."
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  • Joehascrabs
    "Putnam St. is a drag strip for commuters trying to avoid the traffic lights every 500 feet. If you have pets the Saturday night fire crackers and m80s will have every dog in the area barking when everyone is trying to sleep followed by the sirens of the police. Salem is a party town were older and handicap people aren't protected."
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  • Sethjrobert
    "Plenty of parks nearby with dedicated dog parks that are clean and active with other people from the community. Bike path also great for safe, long outdoor adventures."
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  • Kayla L.
    "Perfect gym facility down the street at the Salem YMCA that hosts all kinds of sports and activities for kids. "
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  • Jazconley
    "There are a lot of Art events, Farmers Market. Halloween is a must in October! Salem cinema, and many restaurants."
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LGBTQ Local Legal Protections

Cheryl Colarusso, Keller Williams Realty Boston Northwest
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.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
21 Nichols St, Salem, MA 01970 is a 2 bedroom, 2 bathroom, 1,280 sqft multi-family built in 1961. This property is currently available for sale and was listed by MLS PIN on Apr 4, 2024. The MLS # for this home is MLS# 73219947.