Our mobile site is optimized for smaller screens.

TRY IT NO THANKS

Test map

Print
Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 6.66% last updated on 2026-08-27

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Sold
5 Ropes & 8-10 Porter Street Court Salem MA 019705 Ropes & 8-10 Porter Street Court Salem MA 019705 Ropes & 8-10 Porter Street Court Salem MA 019705 Ropes & 8-10 Porter Street Court Salem MA 019705 Ropes & 8-10 Porter Street Court Salem MA 019705 Ropes & 8-10 Porter Street Court Salem MA 019705 Ropes & 8-10 Porter Street Court Salem MA 019705 Ropes & 8-10 Porter Street Court Salem MA 019705 Ropes & 8-10 Porter Street Court Salem MA 019705 Ropes & 8-10 Porter Street Court Salem MA 019705 Ropes & 8-10 Porter Street Court Salem MA 019705 Ropes & 8-10 Porter Street Court Salem MA 019705 Ropes & 8-10 Porter Street Court Salem MA 019705 Ropes & 8-10 Porter Street Court Salem MA 019705 Ropes & 8-10 Porter Street Court Salem MA 019705 Ropes & 8-10 Porter Street Court Salem MA 019705 Ropes & 8-10 Porter Street Court Salem MA 019705 Ropes & 8-10 Porter Street Court Salem MA 019705 Ropes & 8-10 Porter Street Court Salem MA 019705 Ropes & 8-10 Porter Street Court Salem MA 019705 Ropes & 8-10 Porter Street Court Salem MA 019705 Ropes & 8-10 Porter Street Court Salem MA 019705 Ropes & 8-10 Porter Street Court Salem MA 019705 Ropes & 8-10 Porter Street Court Salem MA 019705 Ropes & 8-10 Porter Street Court Salem MA 01970
QR Code
  • 34Bedrooms
  • 12Bathrooms
  • 13,472Square Feet
Investors take notice of a rare offering in downtown Salem. 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± with a rentable square footage of 13,472±. This offering includes twenty (20+) surface parking spots and 6-bay garages for additional income. Both buildings offer investors separately metered utilities, on-site coin-operated laundry facilities, and the opportunity to increase rents to market with minimal capital. The offering is near public transportation, restaurants, and many local amenities within walking distance of the subject properties.
Listed by Michael McCarthy of North Shore Realty Advisors

Listing Sold by North Shore Realty Advisors

Driving Directions

Ask A Question

Do not fill in this field:

I agree to receive marketing and customer service calls and text messages from Levi Test Cloner2. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

More Info

Basic Information

  • Gross Income $360,912
  • Lot Features Level
  • Mls StatusSold

Basic Information

  • GO-List Price$3,700,000
  • MLS Number73339638
  • Modification Date05/06/2025
  • Property SubType5+ Family - 5+ Units Up/Down
  • Purchase Contract Date03/11/2025
  • Sale Date05/06/2025
  • Sale Price$3,830,000

Property

  • Acreage0.4

Exterior

  • RoofShingle, Rubber

Property Information

  • Building Area Source Public Records
  • Living Area 13,472
  • Lot Size Square Feet 17,611
  • Lot Size Units Acres
  • Square Feet13,472

Other

  • Date Listed02/28/2025
  • Farm Land Area Units Square Feet

Tax Information

  • Tax Assessed Value $2,540,300
  • Tax Year 2025
  • Taxes$28,941

Rooms

  • Bathroom12
  • Bathrooms Total Decimal 12
  • Bedrooms34
  • Full Bath12

Building

  • BasementFull
  • Building Area Units Square Feet
  • Construction Materials Frame, Brick, Stone
  • Door Features Insulated Doors
  • FoundationStone
  • Foundation Area 99999
  • Garage Spaces6
  • Levels 5
  • Patio And Porch Features Deck - Wood, Deck - Vinyl, Deck - Composite
  • Rooms54
  • Stories5
  • Units12
  • Utilities For Gas Range, For Electric Range, Varies Per Unit
  • Window Features Insulated Windows
  • Year Built1915
  • Year Built Details Approximate
  • Year Built Source Public Records

Parking

  • Covered Spaces 6
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Paved Drive, Shared Driveway, Off Street
  • Parking Spaces21

Location

  • Address5 Ropes & 8-10 Porter Street Court
  • Building Number5 Ropes &
  • CountyEssex
  • StateMA
  • Street8-10 Porter Street Court
  • TownSalem
  • Zip01970

Interior

  • Flooring Wood, Tile, Vinyl

Utilities

  • Electric 200+ Amp Service
  • Electric Expense 1597
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • AmenitiesPublic Transportation, Shopping, Park, Walk/Jog Trails
  • Green Energy Efficient Varies per Unit
  • Other AmenitiesBasement

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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 or leasing 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 or leasing. MLSPIN 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.

I agree to receive marketing and customer service calls and text messages from Levi Test Cloner2. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Test Texty

This is a test22