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$4,200,000
New Listing
8-10 & 5 Porter St Ct & Ropes PortfolioSalem, MA 01970
For Sale|Multi Family|Active
34
Beds
12
Total Baths
12
Full Baths
13,472
SqFt
$312
/SqFt
1915
Built
County:
Essex
Upcoming Open Houses
Wed, Jun 3, 11:00 AM - 1:00 PM
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Monthly Payment (Est.)
$19,162Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.
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.
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Listing Snapshot
Price
$4,200,000
Days On Site
0 Days
Bedrooms
34
Inside Area (SqFt)
13,472 sqft
Total Baths
12
Full Baths
12
Partial Baths
N/A
Lot Size
0.4 Acres
Year Built
1915
MLS® Number
73528048
Status
Active
Property Tax
$35,875
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records
Friends & Family
Recent Activity
| 9 hours ago | Listing updated with changes from the MLS® | |
| 9 hours ago | Listing first seen on site |
General Features
Acres
0.4
Disclosures
2 Buildings adjacent to each other $32767 is max allowed within MLS per Month.
Foundation
StoneBrick/Mortar
Garage
Yes
Garage Spaces
6
Number Of Stories
3
Parking
Off StreetAssigned
Parking Spaces
27
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Above
13472
SqFt Total
13472
Water Source
Public
Zoning
R3
Interior Features
Appliances
Gas Water Heater
Basement
FullInterior Entry
Electric
Circuit Breakers200+ Amp Service
Flooring
TileVinylHardwood
Heating
Zoned
Window Features
Insulated Windows
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Exterior Features
Construction Details
BrickStone
Lot Features
Level
Roof
ShingleRubber
Windows/Doors
Insulated Windows
Community Features
Community Features
Park
Listing courtesy of Dan Pouladian of North Shore Realty Advisors
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
Last checked 2026-06-02 09:36 PM UTC
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
Last checked 2026-06-02 09:36 PM UTC
Neighborhood & Commute
Source: Walkscore
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