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Listed price in listed location currency (USD).
$4,200,000

341227

MLS® 73528048

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 13472 sqft
Garage Yes
Taxes $35,875
Days Active 0
Lot Size 0.4 acres
Approx. Age 1915
Avg. Price Per Sqft $311
MLS® Number 73528048

Property Address: 8-10 & 5 Porter St Ct & Ropes Portfolio, Salem, MA, 01970

Average square foot calculated using Size range provided by listing agent.

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® Number73528048
Laundry Level
Central VacNo
FireplaceNo
Acreage0.4
Exterior
GarageYes
Approx. Age1915
BasementFull, Interior Entry
DrivewayOff Street, Assigned
Garage Spaces6
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 2, 2026List Date
$4,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
8-10 & 5 Porter St Ct & Ropes Portfolio, Salem, MA

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