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2 Days on market
35 Flint St #205 Salem — Photo 1 of 42

35 Flint St #205 Salem — Photo 1 of 42

$539,000

Investment Analysis — 35 Flint St #205

Salem, MA 01970 — McIntire Historic District

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01970 carries an estimated $2,560/mo in gross rent — about a 2.54% cap rate and $13,716/yr in estimated NOI at the $539,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2

SqFt

1,136

Style

Condominium

Built

1900

Open Houses 11-1pm Sat 9/19 and Sun 9/20. Welcome to Bowditch Place Condominiums - located in the heart of the McIntire Historic District! Looking for a distinguished, classic, well maintained brick beauty with ideal location? This Fully Renovated 2 bedroom 2 bathroom condominium offers a dramatic open concept floor plan with gleaming hardwood floors throughout, cement walls for sound privacy between units, and additional private storage room in the basement. The Kitchen boasts quartz counters, with work surfaces for multiple chefs, handsome tile backsplash, and sleek stainless-steel appliances. Your large, bright, sunny living/dining room brings versatility to your living layout with vaulted ceiling above the living room area. Extra large windows, all of which have newer screens, pulleys and weights, allow for an abundance of natural light in every room. Being on the second floor there is so much privacy there are no curtains necessary. The spacious primary bedroom is also partially vaulted and offers a modern ensuite bathroom and a walk in closet, big enough for you to add in unit laundry if you'd like. The second bedroom has a large closet and currently doubles as home office space. Enjoy New Central A/C, Heat (controlled by efficient Ecobee thermostats) and oversized water heater, all still under warranty! The professionally managed, pet friendly, brick building includes 2 car parking, as well as guest parking, bike storage room, laundry room, grilling/sitting areas and lovely landscaped gardens to enhance your enjoyment inside and out! You will reap the benefits of the current Building renovations including new carpet, paint, copper gutters, awnings, driveway, granite steps, repointed brick on building and walkway. Close to all the Downtown Salem amenities including museums, culture, harbor, beaches, restaurants, nightlife, commuter rail and ferry to Boston. Fun fact...Salem residents get reduced rates on the Ferry, and free access to the Salem Museums! Please text when emailing.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Open Houses

Property Details

Financials

Original Price$539,000
Annual Taxes$4,951
HOA Fee$390

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms5
FireplacesNone
FlooringHardwood
BasementY

Climate & Utilities

HeatingForced Air, Electric, Air Source Heat Pumps (ASHP)
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick
RoofSlate, Tar/Gravel
Foundation--
ZoningR

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Plumbed For Ice Maker

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

First
Primary BedroomBedroom 2Bathroom 2
Main,First
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl Main,First

16 x 15.583333333

Flooring - Hardwood, Open Floorplan, Half Vaulted Ceiling(s)

Dining Room
Lvl Main,First

16 x 5.916666666

Flooring - Hardwood, Lighting - Overhead

Kitchen
Lvl Main,First

11.583333333 x 8.5

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Remodeled, Stainless Steel Appliances, Lighting - Overhead

Primary Bedroom
Lvl First

13.166666666 x 14.666666666

Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Half Vaulted Ceiling(s)

Bedroom 2
Lvl First

11 x 11.333333333

Bathroom 1
Lvl Main,First

4.833333333 x 8.5

Bathroom - With Tub & Shower, Flooring - Marble, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded

Bathroom 2
Lvl First

5.5 x 8.5

Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Cabinets - Upgraded

Listing Provided By

Listing Agent: Tracey Hutchinson

Listing Office: Churchill Properties

MLS® Number: 73579432