Current opportunity

Downtown Salem Portfolio

5 Ropes Street and 8 to 10 Porter Street Court, Salem, MA 01970

$4.20MAsking price
12Apartment units
7%Published cap rate
20+Parking spaces

Investment overview

A 12-unit downtown Salem portfolio with more than 20 parking spaces and a published 7 percent capitalization rate.

The Downtown Salem Portfolio combines 5 Ropes Street with 8 to 10 Porter Street Court. The offering includes 12 residential units, more than 20 parking spaces, and a published 7 percent capitalization rate in a high-demand Salem location.

Property highlights

  • Two-property downtown Salem portfolio
  • Twelve residential units
  • More than 20 parking spaces
  • Published 7 percent capitalization rate

Unit mix

Property composition

12Apartment units

Financials

Investment snapshot

$4.20MAsking price

Location

5 Ropes Street and 8 to 10 Porter Street Court, Salem, MA 01970

Multifamily Portfolio investment property represented by North Shore Realty Advisors.

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Downtown Salem Portfolio
5 Ropes Street and 8 to 10 Porter Street Court, Salem, MA 01970

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