Rare offering of one of Salem's Crown Jewels of Investment property. Introducing the 1805 Salem Custom House. This property which was totally renovated in the 1970s by DeIulis Brothers Construction and meticulously maintained by current owners, is in the the heart of Historic Salem's downtown. There are 13 apartments and 5 commercial/retail spaces. The apartments are comprised of 10 one bedroom units and 3 two bedroom units. The commercial spaces mainly cater to Salem's white hot tourism industry. Income and expenses are provided. The property is zoned B5. Note: apartments rents are well under market and all leases for them expire on July 31, 2024.
