8-10 & 5 Porter St Ct & Ropes Portfolio
Salem, MA 01970
34
Bed
12
Bath
13,472Sqft
0.40Acre(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 12 Full Baths: 12Room Information
Total Bedroom: 34 Window Feature: Insulated Windows -
Flooring Information
Tile, Vinyl, Hardwood -
Roofing Information
Shingle, Rubber -
Interior Features
Roof: Shingle, Rubber -
Heating & Cooling
WaterSource: Public
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Building Information
Year Built: 1915 Construction Materials: Brick, Stone Basement: Full, Interior Entry -
Exterior Features
Foundation Details: Stone, Brick/Mortar
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Lot Information
Lot Description: Level Lot Size Area: 0.4 Lot Size Units: Acres Lot Square Feet: 17,611 Lot Acres: 0.4 Stories: 3 Main Square Feet: 0.4Property Information
Property Type: Residential Income Sub Type: 5+ Family - 5+ Units Up/DownSQ ft (Living Area): 13,472
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Listing Price Information
Original Listing Price: $4200000
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Tax Information
Annual Tax: $35875
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Parking Information
# of Garage Spaces: 6 Has Garage: Yes Parking Total: 27 Off Street, Assigned
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Utility Information
for Gas Range, for Electric Range, Varies per Unit -
Location Information
Direction: 5-5A Ropes and 8-10 Porter Street Court. Lafayette to Washington to Ropes
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4 Winter Island Rd, Salem, MA, 01970 | $954,900 | 3 | 2 | 1,831 | 1,831 SqFt |
| 55 Perkins St, Salem, MA, 01970 | $775,000 | 2 | 1 | 1,925 | 1,925 SqFt |
| 1-7 Prince St & 48-54 H.., Salem, MA, 01970 | $2,400,000 | 16 | 8 | 6,656 | 6,656 SqFt |
| 19 Palmer St, Salem, MA, 01970 | $2,099,900 | 19 | 6 | 7,044 | 7,044 SqFt |
| 4 Waite St, Salem, MA, 01970 | $539,900 | 2 | 1 | 1,152 | 1,152 SqFt |
| 17 Osgood St, Salem, MA, 01970 | $589,900 | 3 | 2 | 1,320 | 1,320 SqFt |
| 11 Adams St, Salem, MA, 01970 | $749,900 | 3 | 2 | 2,341 | 2,341 SqFt |
| 20 Winter St, Salem, MA, 01970 | $1,450,000 | 4 | 3 | 3,417 | 3,417 SqFt |
| 7 1/2 Pleasant St, Salem, MA, 01970 | $849,900 | 4 | 3 | 1,845 | 1,845 SqFt |
| 7 Cedarcrest Rd, Salem, MA, 01970 | $765,000 | 3 | 2 | 1,711 | 1,711 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 06/23/2026 @ 03:55
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