
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Living Room
Lvl Main,First16 x 15.583333333
Flooring - Hardwood, Open Floorplan, Half Vaulted Ceiling(s)
Dining Room
Lvl Main,First16 x 5.916666666
Flooring - Hardwood, Lighting - Overhead
Kitchen
Lvl Main,First11.583333333 x 8.5
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Remodeled, Stainless Steel Appliances, Lighting - Overhead
Primary Bedroom
Lvl First13.166666666 x 14.666666666
Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Half Vaulted Ceiling(s)
Bedroom 2
Lvl First11 x 11.333333333
Bathroom 1
Lvl Main,First4.833333333 x 8.5
Bathroom - With Tub & Shower, Flooring - Marble, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded
Bathroom 2
Lvl First5.5 x 8.5
Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Cabinets - Upgraded
Listing Agent: Tracey Hutchinson
Listing Office: Churchill Properties
MLS® Number: 73579432

