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Multifamily · Salem · ACT

8-10 & 5 Porter St Ct & Ropes Portfolio

Salem, MA 01970

$4,200,000

34 bedrooms12 bathrooms13,472 square feet73528048 MLS number

The residence

Property overview

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.

Taxes 2026
$35,875
Parking
21 spaces

Property details and availability are sourced from the local listing feed and may change. Contact Leverage for current details and availability.

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