Overview Property Details Payment Calculator Walkability

Active

16-18 Loring Ave, Salem MA 01970

$1,959,000

Estimated $34,874.73/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $391,800

Total Rent: 65244/year

Estimated CAP Rate: 1.50%

9 Bedrooms

5 Full, 2 Half Baths

13 Parking Spots

0.41 acres

Prominent Victorian home with total of 5 units and recent approval for 6th, along with 6 large concrete garages located in the rear of property on Charles Street. This home has been in the same family for over 60 years, has been well maintained, with long term tenants and em...

This home has been viewed 37 times

Last Updated: March 2nd, 2025 at 5:58am

Gross Income: $65,244

Gross Expenses: $35,936

Net Income Calc: $29,308

CAP Rate: 1.50%

Annual Expenses for 16-18 Loring Ave, Salem MA 01970

Total Gross Expenses (Calculated)$35,936/year

APOD AvailableYes

Heating$0

Electricity$4,416

Water$1,382

Gas$1,382

Insurance$0

Sewer$1,382

Trash Removal$0

Repair & Maintenance$1,262

Management$0

Miscellaneous$0

Real Estate Tax$22,804

Annual Income & Unit Breakdown for 16-18 Loring Ave, Salem MA 01970

Total Gross Income (Calculated)$65,244

Unit 1

Rental Income0

LeaseN

Bedrooms4

Bathrooms1 Full, 2 Half

Floor1

Levels in Unit2

HeatingNo

Rent Includes

Unit 2

Rental Income2200

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income1437

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income1800

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 16-18 Loring Ave, Salem MA 01970

Listing ID73338064

Property TypeMulti Family

Price$1,959,000 ($326.61/SqFt)

Style

CitySalem

CountyEssex

MLS AreaSouth Salem

Neighborhood(s)Ipswich

Approximate Living Area Total5,998 SqFt

Approximate Lot Size (Acres)0.41 acres

Total Parking13

Garage Parking6 / Detached

Year Built1895

Year Built SourcePublic Records

Year RenovatedN/A

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone,Granite

Accessible Features

Outdoor SpacePorch

ZoningR2

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy FeaturesInsulated Windows, Storm Window(s)

Terms

Interior Features for 16-18 Loring Ave, Salem MA 01970

Disclosures for 16-18 Loring Ave, Salem MA 01970

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$13,132

Total Gross Income By Broker$106,000

Total Net Income By Broker$68,756

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation1.5%

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Location Information for 16-18 Loring Ave, Salem MA 01970

Elementary School

Middle School

High School

Neighborhood(s)Ipswich

MLS AreaSouth Salem

Area AmenitiesPublic Transportation, T-station

Contact Information for 16-18 Loring Ave, Salem MA 01970

Agent

Name: Matthew Power

MLS ID: C9501070

Office ID: AN1018

National Association ID: 454005640

Phone: 978-265-0318

Address: 22 Herbert Street

City: Salem

State: MA

Zip: 01970

Office

Name: 1 Percent Realty, LLC

MLS Office ID: AN1018

Phone: 978-265-0318

Payment Calculator

$34,874.73 per month

30 Years Fixed, 6.75% Interest

Property Taxes $22,804.00

Principal & Interest $12,070.73

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

1 Percent Realty, LLC

Matthew Power

Agent Phone

(978) 265-0318

Office Phone

(978) 265-0318

Text Agent Call Agent Call Office

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                (
                    [id] => 22037
                    [name] => 01970
                    [category] => zipcode
                    [url] => 
                    [total] => 1355
                )

[1] => Array
                (
                    [id] => 51574
                    [name] => Ipswich
                    [category] => neighborhood
                    [url] => https://www.bostonrealestate.dev/neighborhoods/ipswich/
                    [total] => 10162
                )

)

[materials] => Array
        (
            [property_type] => Array
                (
                    [field_id] => 3
                    [type] => property_types
                    [name] => Property Type
                    [value] => Residential Income
                )

[field_3236] => Array
                (
                    [field_id] => 3236
                    [type] => select
                    [name] => PropertySubType
                    [value] => 5+ Family - 5+ Units Side By Side
                )

[listing] => Array
                (
                    [field_id] => 2
                    [type] => listings
                    [name] => Listing Type
                    [value] => For Sale
                )

[field_3176] => Array
                (
                    [field_id] => 3176
                    [type] => number
                    [name] => Full Bathrooms
                    [value] => 5
                )

[field_3175] => Array
                (
                    [field_id] => 3175
                    [type] => select
                    [name] => Status
                    [value] => Active
                )

[field_3299] => Array
                (
                    [field_id] => 3299
                    [type] => select
                    [name] => Property Category
                    [value] => Multi Family
                )

[field_3298] => Array
                (
                    [field_id] => 3298
                    [type] => select
                    [name] => Property Type
                    [value] => Multi Family
                )

[field_55] => Array
                (
                    [field_id] => 55
                    [type] => number
                    [name] => Floor Number
                    [value] => 0
                )

[googlemap_ln] => Array
                (
                    [field_id] => 51
                    [type] => text
                    [name] => Longitude
                    [value] => W71° 6' 29'' 
                )

[googlemap_lt] => Array
                (
                    [field_id] => 52
                    [type] => text
                    [name] => Latitude
                    [value] => N42° 30' 15.5'' 
                )

[field_2111] => Array
                (
                    [field_id] => 2111
                    [type] => text
                    [name] => Office Name
                    [value] => 1 Percent Realty, LLC
                )

[field_3000] => Array
                (
                    [field_id] => 3000
                    [type] => text
                    [name] => Agent MLSID
                    [value] => C9501070
                )

[field_3045] => Array
                (
                    [field_id] => 3045
                    [type] => price
                    [name] => HOA_FEE
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3056] => Array
                (
                    [field_id] => 3056
                    [type] => price
                    [name] => ClosePrice
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3058] => Array
                (
                    [field_id] => 3058
                    [type] => select
                    [name] => COMP_BASED_ON
                    [value] => Net Sale Price
                )

[field_3069] => Array
                (
                    [field_id] => 3069
                    [type] => price
                    [name] => LIST_PRICE_PER_SQFT
                    [raw] => 326.61
                    [unit_id] => 260
                    [value] => $327
                    [price_only] => $327
                )

[field_3071] => Array
                (
                    [field_id] => 3071
                    [type] => number
                    [name] => MARKET_TIME_BROKER
                    [value] => 4
                )

[field_3072] => Array
                (
                    [field_id] => 3072
                    [type] => number
                    [name] => MARKET_TIME_BROKER_PREV
                    [value] => 0
                )

[field_3074] => Array
                (
                    [field_id] => 3074
                    [type] => text
                    [name] => AREA
                    [value] => South Salem
                )

[field_3075] => Array
                (
                    [field_id] => 3075
                    [type] => datetime
                    [name] => ModificationTimestamp
                    [value] => 01/03/2025 08:06:00
                )

[field_3094] => Array
                (
                    [field_id] => 3094
                    [type] => price
                    [name] => SOLD_PRICE_PER_SQFT
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3095] => Array
                (
                    [field_id] => 3095
                    [type] => number
                    [name] => STREET_NUM
                    [value] => 16
                )

[field_3105] => Array
                (
                    [field_id] => 3105
                    [type] => select
                    [name] => APOD_AVAILABLE
                    [value] => Yes
                )

[field_3109] => Array
                (
                    [field_id] => 3109
                    [type] => number
                    [name] => FIRE_PLACES
                    [value] => 4
                )

[field_3113] => Array
                (
                    [field_id] => 3113
                    [type] => select
                    [name] => LEASE_1
                    [value] => N
                )

[field_3114] => Array
                (
                    [field_id] => 3114
                    [type] => select
                    [name] => LEASE_2
                    [value] => N
                )

[field_3115] => Array
                (
                    [field_id] => 3115
                    [type] => select
                    [name] => LEASE_3
                    [value] => N
                )

[field_3116] => Array
                (
                    [field_id] => 3116
                    [type] => select
                    [name] => LEVELS
                    [value] => 10
                )

[field_3118] => Array
                (
                    [field_id] => 3118
                    [type] => price
                    [name] => NOI
                    [raw] => 68756
                    [unit_id] => 260
                    [value] => $68,756
                    [price_only] => $68,756
                )

[field_3119] => Array
                (
                    [field_id] => 3119
                    [type] => number
                    [name] => RENT1
                    [value] => 0
                )

[field_3120] => Array
                (
                    [field_id] => 3120
                    [type] => number
                    [name] => NO_UNITS
                    [value] => 5
                )

[field_3121] => Array
                (
                    [field_id] => 3121
                    [type] => number
                    [name] => RENT2
                    [value] => 2200
                )

[field_3122] => Array
                (
                    [field_id] => 3122
                    [type] => number
                    [name] => RENT3
                    [value] => 1437
                )

[field_3123] => Array
                (
                    [field_id] => 3123
                    [type] => number
                    [name] => RENT4
                    [value] => 1800
                )

[f_3125] => Array
                (
                    [field_id] => 3125
                    [type] => feature
                    [name] => ROAD_TYPE
                    [values] => Array
                        (
                            [0] => Public
                        )

)

[field_3126] => Array
                (
                    [field_id] => 3126
                    [type] => number
                    [name] => TOTAL_RENT
                    [value] => 5437
                )

[field_3134] => Array
                (
                    [field_id] => 3134
                    [type] => select
                    [name] => SQUARE_FEET_INCL_BASE
                    [value] => No
                )

[field_3136] => Array
                (
                    [field_id] => 3136
                    [type] => select
                    [name] => LEASE_4
                    [value] => N
                )

[field_3164] => Array
                (
                    [field_id] => 3164
                    [type] => boolean
                    [name] => AvailableNow
                    [value] => No
                )

[field_3168] => Array
                (
                    [field_id] => 3168
                    [type] => price
                    [name] => SEC_DEPOSIT
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3171] => Array
                (
                    [field_id] => 3171
                    [type] => text
                    [name] => Office Phone
                    [value] => 978-265-0318
                )

[field_3172] => Array
                (
                    [field_id] => 3172
                    [type] => text
                    [name] => Agent Phone
                    [value] => 978-265-0318
                )

[field_3178] => Array
                (
                    [field_id] => 3178
                    [type] => boolean
                    [name] => AdditionalParcelsYN
                    [value] => No
                )

[field_3182] => Array
                (
                    [field_id] => 3182
                    [type] => select
                    [name] => BuildingAreaSource
                    [value] => Public Records
                )

[field_3183] => Array
                (
                    [field_id] => 3183
                    [type] => number
                    [name] => BuildingAreaTotal
                    [value] => 5998
                )

[field_3184] => Array
                (
                    [field_id] => 3184
                    [type] => select
                    [name] => BuildingAreaUnits
                    [value] => Square Feet
                )

[field_3185] => Array
                (
                    [field_id] => 3185
                    [type] => text
                    [name] => BuyerAgencyCompensation
                    [value] => 1.5
                )

[field_3186] => Array
                (
                    [field_id] => 3186
                    [type] => select
                    [name] => BuyerAgencyCompensationType
                    [value] => %
                )

[f_3188] => Array
                (
                    [field_id] => 3188
                    [type] => feature
                    [name] => CommunityFeatures
                    [values] => Array
                        (
                            [0] => Public Transportation
                            [1] => T-station
                        )

)

[field_3189] => Array
                (
                    [field_id] => 3189
                    [type] => price
                    [name] => ConcessionsAmount
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[f_3190] => Array
                (
                    [field_id] => 3190
                    [type] => feature
                    [name] => ConstructionMaterials
                    [values] => Array
                        (
                            [0] => Frame
                        )

)

[field_3192] => Array
                (
                    [field_id] => 3192
                    [type] => number
                    [name] => ParkingTotal
                    [value] => 7
                )

[field_3193] => Array
                (
                    [field_id] => 3193
                    [type] => number
                    [name] => CoveredSpaces
                    [value] => 6
                )

[f_3198] => Array
                (
                    [field_id] => 3198
                    [type] => feature
                    [name] => DoorFeatures
                    [values] => Array
                        (
                            [0] => Storm Door(s)
                        )

)

[field_3200] => Array
                (
                    [field_id] => 3200
                    [type] => price
                    [name] => ElectricExpense
                    [raw] => 4416
                    [unit_id] => 260
                    [value] => $4,416
                    [price_only] => $4,416
                )

[field_3205] => Array
                (
                    [field_id] => 3205
                    [type] => date
                    [name] => ExpirationDate
                    [value] => 01/01/1900
                )

[field_3206] => Array
                (
                    [field_id] => 3206
                    [type] => select
                    [name] => FarmLandAreaUnits
                    [value] => Square Feet
                )

[field_3208] => Array
                (
                    [field_id] => 3208
                    [type] => select
                    [name] => FireplaceYN
                    [value] => 1
                )

[field_3209] => Array
                (
                    [field_id] => 3209
                    [type] => text
                    [name] => FoundationDetails
                    [value] => Stone,Granite
                )

[field_3211] => Array
                (
                    [field_id] => 3211
                    [type] => number
                    [name] => GarageSpaces
                    [value] => 6
                )

[field_3212] => Array
                (
                    [field_id] => 3212
                    [type] => select
                    [name] => GarageYN
                    [value] => 1
                )

[field_3216] => Array
                (
                    [field_id] => 3216
                    [type] => price
                    [name] => GrossIncome
                    [raw] => 106000
                    [unit_id] => 260
                    [value] => $106,000
                    [price_only] => $106,000
                )

[field_3219] => Array
                (
                    [field_id] => 3219
                    [type] => select
                    [name] => HorseYN
                    [value] => 1
                )

[field_3220] => Array
                (
                    [field_id] => 3220
                    [type] => price
                    [name] => InsuranceExpense
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3222] => Array
                (
                    [field_id] => 3222
                    [type] => text
                    [name] => ListingAgreement
                    [value] => Exclusive Right To Sell
                )

[field_3223] => Array
                (
                    [field_id] => 3223
                    [type] => date
                    [name] => ListingContractDate
                    [value] => 25/02/2025
                )

[f_3225] => Array
                (
                    [field_id] => 3225
                    [type] => feature
                    [name] => LotFeatures
                    [values] => Array
                        (
                            [0] => Level
                        )

)

[field_3226] => Array
                (
                    [field_id] => 3226
                    [type] => area
                    [name] => LotSizeSquareFeet
                    [value] => 17,986 Sqft
                    [raw] => 17986
                    [unit_id] => 1
                )

[field_3230] => Array
                (
                    [field_id] => 3230
                    [type] => price
                    [name] => OperatingExpense
                    [raw] => 13132
                    [unit_id] => 260
                    [value] => $13,132
                    [price_only] => $13,132
                )

[field_3231] => Array
                (
                    [field_id] => 3231
                    [type] => price
                    [name] => OriginalListPrice
                    [raw] => 1959000
                    [unit_id] => 260
                    [value] => $1,959,000
                    [price_only] => $1,959,000
                )

[field_3240] => Array
                (
                    [field_id] => 3240
                    [type] => text
                    [name] => UnparsedAddress
                    [value] => 16-18 Loring Ave, Salem MA 01970
                )

[field_3241] => Array
                (
                    [field_id] => 3241
                    [type] => price
                    [name] => WaterSewerExpense
                    [raw] => 1382
                    [unit_id] => 260
                    [value] => $1,382
                    [price_only] => $1,382
                )

[field_3243] => Array
                (
                    [field_id] => 3243
                    [type] => text
                    [name] => YearBuiltDetails
                    [value] => Approximate
                )

[field_3245] => Array
                (
                    [field_id] => 3245
                    [type] => text
                    [name] => YearBuiltSource
                    [value] => Public Records
                )

[field_3248] => Array
                (
                    [field_id] => 3248
                    [type] => datetime
                    [name] => OriginalEntryTimestamp
                    [value] => 25/02/2025 16:49:00
                )

[field_3253] => Array
                (
                    [field_id] => 3253
                    [type] => number
                    [name] => MLSPIN_BEDRMS_1
                    [value] => 4
                )

[field_3254] => Array
                (
                    [field_id] => 3254
                    [type] => number
                    [name] => MLSPIN_BEDRMS_2
                    [value] => 1
                )

[field_3255] => Array
                (
                    [field_id] => 3255
                    [type] => number
                    [name] => MLSPIN_BEDRMS_3
                    [value] => 1
                )

[field_3256] => Array
                (
                    [field_id] => 3256
                    [type] => number
                    [name] => MLSPIN_BEDRMS_4
                    [value] => 2
                )

[field_3260] => Array
                (
                    [field_id] => 3260
                    [type] => text
                    [name] => MLSPIN_DISCLOSURE
                    [value] => N
                )

[field_3261] => Array
                (
                    [field_id] => 3261
                    [type] => number
                    [name] => MLSPIN_F_BTHS_1
                    [value] => 1
                )

[field_3262] => Array
                (
                    [field_id] => 3262
                    [type] => number
                    [name] => MLSPIN_F_BTHS_2
                    [value] => 1
                )

[field_3263] => Array
                (
                    [field_id] => 3263
                    [type] => number
                    [name] => MLSPIN_F_BTHS_3
                    [value] => 1
                )

[field_3264] => Array
                (
                    [field_id] => 3264
                    [type] => number
                    [name] => MLSPIN_F_BTHS_4
                    [value] => 1
                )

[field_3265] => Array
                (
                    [field_id] => 3265
                    [type] => price
                    [name] => MLSPIN_GRE
                    [raw] => 13132
                    [unit_id] => 260
                    [value] => $13,132
                    [price_only] => $13,132
                )

[field_3266] => Array
                (
                    [field_id] => 3266
                    [type] => price
                    [name] => MLSPIN_HTE
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3267] => Array
                (
                    [field_id] => 3267
                    [type] => number
                    [name] => MLSPIN_H_BTHS_1
                    [value] => 2
                )

[field_3268] => Array
                (
                    [field_id] => 3268
                    [type] => number
                    [name] => MLSPIN_H_BTHS_2
                    [value] => 0
                )

[field_3269] => Array
                (
                    [field_id] => 3269
                    [type] => number
                    [name] => MLSPIN_H_BTHS_3
                    [value] => 0
                )

[field_3270] => Array
                (
                    [field_id] => 3270
                    [type] => number
                    [name] => MLSPIN_H_BTHS_4
                    [value] => 0
                )

[field_3273] => Array
                (
                    [field_id] => 3273
                    [type] => number
                    [name] => MLSPIN_LEVELS_1
                    [value] => 2
                )

[field_3274] => Array
                (
                    [field_id] => 3274
                    [type] => number
                    [name] => MLSPIN_LEVELS_2
                    [value] => 1
                )

[field_3275] => Array
                (
                    [field_id] => 3275
                    [type] => number
                    [name] => MLSPIN_LEVELS_3
                    [value] => 1
                )

[field_3276] => Array
                (
                    [field_id] => 3276
                    [type] => number
                    [name] => MLSPIN_LEVELS_4
                    [value] => 1
                )

[field_3277] => Array
                (
                    [field_id] => 3277
                    [type] => text
                    [name] => MLSPIN_MAIN_LO
                    [value] => AN1018
                )

[field_3280] => Array
                (
                    [field_id] => 3280
                    [type] => number
                    [name] => MLSPIN_MARKET_TIME_PROPERTY
                    [value] => 4
                )

[field_3281] => Array
                (
                    [field_id] => 3281
                    [type] => price
                    [name] => MLSPIN_MGF
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3282] => Array
                (
                    [field_id] => 3282
                    [type] => price
                    [name] => MLSPIN_MSE
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3285] => Array
                (
                    [field_id] => 3285
                    [type] => price
                    [name] => MLSPIN_OPTIONAL_FEE
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3290] => Array
                (
                    [field_id] => 3290
                    [type] => price
                    [name] => MLSPIN_PRICE_PER_SQFT
                    [raw] => 326.61
                    [unit_id] => 260
                    [value] => $327
                    [price_only] => $327
                )

[field_3292] => Array
                (
                    [field_id] => 3292
                    [type] => price
                    [name] => MLSPIN_RFS
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3293] => Array
                (
                    [field_id] => 3293
                    [type] => price
                    [name] => MLSPIN_RME
                    [raw] => 1262
                    [unit_id] => 260
                    [value] => $1,262
                    [price_only] => $1,262
                )

[field_3295] => Array
                (
                    [field_id] => 3295
                    [type] => select
                    [name] => MLSPIN_WATERVIEW_FLAG
                    [value] => No
                )

[field_3301] => Array
                (
                    [field_id] => 3301
                    [type] => select
                    [name] => RoomMasterBathroomFeatures
                    [value] => Yes
                )

[field_3306] => Array
                (
                    [field_id] => 3306
                    [type] => price
                    [name] => GrossScheduledIncome
                    [raw] => 6072
                    [unit_id] => 260
                    [value] => $6,072
                    [price_only] => $6,072
                )

[field_3307] => Array
                (
                    [field_id] => 3307
                    [type] => number
                    [name] => MLSPIN_FLRS_1
                    [value] => 1
                )

[field_3308] => Array
                (
                    [field_id] => 3308
                    [type] => number
                    [name] => MLSPIN_FLRS_2
                    [value] => 1
                )

[field_3309] => Array
                (
                    [field_id] => 3309
                    [type] => number
                    [name] => MLSPIN_FLRS_3
                    [value] => 2
                )

[field_3310] => Array
                (
                    [field_id] => 3310
                    [type] => number
                    [name] => MLSPIN_FLRS_4
                    [value] => 3
                )

[field_3311] => Array
                (
                    [field_id] => 3311
                    [type] => number
                    [name] => BRE_Total_Parking
                    [value] => 13
                )

[f_3313] => Array
                (
                    [field_id] => 3313
                    [type] => feature
                    [name] => WindowFeatures
                    [values] => Array
                        (
                            [0] => Insulated Windows
                            [1] => Storm Window(s)
                        )

)

[f_3319] => Array
                (
                    [field_id] => 3319
                    [type] => feature
                    [name] => PatioAndPorchFeatures
                    [values] => Array
                        (
                            [0] => Porch
                        )

)

[field_3320] => Array
                (
                    [field_id] => 3320
                    [type] => boolean
                    [name] => Waterfront
                    [value] => No
                )

)

[unit_level] => 
    [levels_in_unit] => 2025-02-25
    [construction_status] => 
    [laundry_features] => Array
        (
        )

[outdoor_space_available] => Array
        (
        )

[building_name] => 
    [pet_policy] => Array
        (
        )

[building_management] => Array
        (
        )

[number_of_units] => 5
    [units_owner_occupied] => 0
    [parking_features] => Array
        (
        )

[building_amenities] => Array
        (
        )

[owner_occupancy_source] => 
    [documents_available] => Array
        (
        )

[optional_price] => 0
    [optional_fee_includes] => Array
        (
        )

[structure_type] => Array
        (
        )

[complex_complete] => Array
        (
        )

[available_date] => 
    [available_now] => Yes
    [date_available_note] => 
    [first_month_required] => Array
        (
        )

[last_month_required] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deposit_amount] => Array
        (
            [0] => $0
        )

[insurance_required] => Array
        (
        )

[references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[lease_term] => Array
        (
        )

[interior_features] => Array
        (
        )

[entry_level] => Array
        (
        )

[cooperating_agent_commission] => Array
        (
        )

[property_sub_type] => Array
        (
            [0] => 5+ Family - 5+ Units Side By Side
        )

[number_of_lots] => Array
        (
        )

[gas] => Array
        (
        )

[cultivation_acres] => None
    [pasture_area] => None
    [timber_acres] => None
    [perc_test] => Array
        (
        )

[perc_test_date] => Unknown
    [association_required] => Array
        (
        )

[view] => Array
        (
        )

[deqe] => 
    [real_estate_tax] => $22,804
    [total_gross_income] => 65244
    [total_gross_expense] => 35936
    [net_income_calc] => 29308
    [cap_rate] => 1.50%
    [apod_available] => Array
        (
            [0] => Yes
        )

[heating_expense] => Array
        (
            [0] => $0
        )

[electric_expense] => Array
        (
            [0] => $4,416
        )

[water_expense] => Array
        (
            [0] => $1,382
        )

[gas_expense] => Array
        (
            [0] => $1,382
        )

[insurance_expense] => Array
        (
            [0] => $0
        )

[sewer_expense] => Array
        (
            [0] => $1,382
        )

[trash_expense] => Array
        (
            [0] => $0
        )

[repair_maintenance_expense] => Array
        (
            [0] => $1,262
        )

[management_expense] => Array
        (
            [0] => $0
        )

[miscellaneuos_expense] => Array
        (
            [0] => $0
        )

[unit_1_rent] => Array
        (
            [0] => 0
        )

[unit_1_lease] => Array
        (
            [0] => N
        )

[unit_1_bedrooms] => 4
    [unit_1_bathrooms] => 1 Full, 2 Half
    [unit_1_floor] => 1
    [unit_1_levels] => 2
    [unit_2_rent] => Array
        (
            [0] => 2200
        )

[unit_2_lease] => Array
        (
            [0] => N
        )

[unit_2_bedrooms] => 1
    [unit_2_bathrooms] => 1 Full
    [unit_2_floor] => 1
    [unit_2_levels] => 1
    [unit_3_rent] => Array
        (
            [0] => 1437
        )

[unit_3_lease] => Array
        (
            [0] => N
        )

[unit_3_bedrooms] => 1
    [unit_3_bathrooms] => 1 Full
    [unit_3_floor] => 2
    [unit_3_levels] => 1
    [unit_4_rent] => Array
        (
            [0] => 1800
        )

[unit_4_lease] => Array
        (
            [0] => N
        )

[unit_4_bedrooms] => 2
    [unit_4_bathrooms] => 1 Full
    [unit_4_floor] => 3
    [unit_4_levels] => 1
    [hot_water] => Array
        (
        )

[basement] => Array
        (
        )

[foundation_materials] => Array
        (
            [0] => Stone,Granite
        )

[patio_and_porch] => Array
        (
            [0] => Porch
        )

[zoning_details] => 
    [terms] => Array
        (
        )

[financial_data_source] => Array
        (
        )

[operating_expense] => Array
        (
            [0] => $13,132
        )

[gross_income] => Array
        (
            [0] => $106,000
        )

[net_operating_income] => Array
        (
            [0] => $68,756
        )

[short_sale] => 
    [price_per_unit] => 391800
)

EXIT

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16-18 Loring Ave, Salem MA 01970

$1,959,000

Annual Expenses for 16-18 Loring Ave, Salem MA 01970

Annual Income & Unit Breakdown for 16-18 Loring Ave, Salem MA 01970

General Information for 16-18 Loring Ave, Salem MA 01970

Interior Features for 16-18 Loring Ave, Salem MA 01970

Disclosures for 16-18 Loring Ave, Salem MA 01970

Location Information for 16-18 Loring Ave, Salem MA 01970

Contact Information for 16-18 Loring Ave, Salem MA 01970

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1 Percent Realty, LLC

Matthew Power