RE/MAX 360
Lizete Alcalai-Nichols, RE/MAX 360Phone: (781) 710-9986
Email: [email protected]

Real estate listing preview #1
listing
1 of 1
CommercialFor Sale
$4,999,999
16,18,20R Franklin St
Salem, MA 01970
Courtesy of Lokos Realty & Management - Christopher Cowhig
MLS Property Information Network
Est. Mortgage
$25,909/mo

Spectacular multi unit development opportunity on the North River and across from Metro Salem train station. Water views from all units!! The Residences at 16, 18, 20R Franklin St offer a 37 Unit approved development on 2 plus acres minutes from downtown Salem. 33 Market rate condos and 4 low income restricted condos. Plans will reflect 4 buildings: Building A and B are comprised of 12 flats each units, Building C is comprised of 9 units and Building D is 4 townhouses. Plans included elevator, workout gym/fitness center and function room. Each unit will be provided a deeded garage parking spot and additional uncovered spots available within lot. Seller has applied for up to $2 million HDIP credit with 75% being conveyed to buyer.

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Information courtesy of Lokos Realty & Management is subject to verification and is not guaranteed.
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