Fantastic investment opportunity! This licensed lodging house offers 15 units with a total of 24 rooms, boasting 4 private baths and 3 common baths. Possibility to turn into apartments or use as an AirBnB/VRBO (with city approval). Conveniently situated near the commuter train station and downtown Salem, tenants enjoy easy access to transportation and amenities. With 2 parking spaces, convenience meets practicality. Recently painted and featuring updated cabinetry, this property is turnkey and ready for new ownership. . New heating boiler was put in 2019. Roof reshingled late spring 2021. Floors just completely refinished. Most windows are newer. Don't miss out on this lucrative venture! Floor plans available. SELLER MAY PROVIDE PARTIAL FINANCING. Gross income is projected and not actual. Buyers to perform due diligence. Buyer agent to include any commission in the offer.