8-10 & 5 Porter St Ct & Ropes PortfolioSalem, MA 01970MLS Number 73528048

  • Price: $4,200,000
  • Est. Mortgage of $/month
  • 1 Day on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.53% last updated on May 28, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Open House
8-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 019708-10 & 5 Porter St Ct & Ropes Portfolio Salem MA 01970
QR Code
  • 34Bedrooms
  • 0.4Acreage
  • 12Bathrooms
  • 1915Year Built

Driving Directions

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.

Open Houses

June 3rd
Starts: 11:00am
Ends: 1:00pm
Comments: First Group tour. Please email Sara to let her know you or you're client will be attending. Sara@NorthshoreRealtyAdvisors.com
Listed by Dan Pouladian of North Shore Realty Advisors

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More Info

Basic Information

  • Gross Income $999
  • Lot Features Level
  • Mls StatusNew

Basic Information

  • List Price$4,200,000
  • MLS Number73528048
  • Modification Date06/02/2026
  • Property SubType5+ Family - 5+ Units Up/Down

Property

  • Acreage0.4

Interior

  • Flooring Tile, Vinyl, Hardwood

Utilities

  • Electric Circuit Breakers,200+ Amp Service
  • Electric Expense 999
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • AmenitiesPublic Transportation, Shopping, Park, Medical Facility
  • Green Energy Efficient Varies per Unit
  • Other AmenitiesBasement

Tax Information

  • Tax Assessed Value $99,999
  • Tax Year 2026
  • Taxes$35,875

Rooms

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

Building

  • BasementFull, Interior Entry
  • Building Area Units Square Feet
  • Construction Materials Brick, Stone
  • Door Features Insulated Doors
  • FoundationStone, Brick/Mortar
  • Foundation Area 999
  • Garage Spaces6
  • Levels 3
  • Rooms60
  • Stories3
  • 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
  • Parking Features Off Street, Assigned
  • Parking Spaces27

Location

  • Address8-10 & 5 Porter St Ct & Ropes Portfolio
  • Building Number8-10 & 5
  • CountyEssex
  • StateMA
  • StreetPorter St Ct & Ropes Portfolio
  • TownSalem
  • Zip01970

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 Listed06/02/2026
  • Farm Land Area Units Square Feet
CENTURY 21 Shawmut Properties | Brighton
CENTURY 21 Shawmut Properties | Brighton
134 Tremont Street
Brighton, MA 02135

Salem, MA Demographics

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Salem, MA Real Estate Market Data

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Salem, MA Schools

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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.

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