Date
Details
Price
Change
Source
6/02/2026
Listed
$4,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$4,200,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 8-10 & 5 Porter St Ct & Ropes Portfolio
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General
- Price: $4,200,000
- Taxes: $35,875 (2026)
- Status: Active
- Type: Multi-Family
- MLS ID: 73528048
- Updated: Today (6/2/2026)
- Added to Site: Today
Rooms
Bathrooms
- Total Bathrooms: 12
- Full Bathrooms: 12
Bedrooms
- Total Bedrooms: 34
Parking
- Garage: Yes
- Garage Spaces: 6
- Parking Features: Off Street, Assigned
Location
- County: Essex
Structural Information
- Basement: Yes
- Stories/Levels: 3
- Square Feet: 13,472
- Year Built: 1915
Lot Features
- Lot Size (Acres): 0.4
Financial Considerations
- Tax Amount: $35,875
- Tax Year: 2026
Disclosures and Reports
- Disclosures/Rstr.: 2 Buildings adjacent to each other $32767 is max allowed within MLS per Month.
Listed by North Shore Realty Advisors, Dan Pouladian and Sara Pouladian
We Value Your Privacy
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Listing agents
— 8-10 & 5 Porter St Ct & Ropes Portfolio —
Dan Pouladian
North Shore Realty Advisors
Sara Pouladian
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 8-10 & 5 Porter St Ct & Ropes Portfolio
School District:Salem School District, Salem, MA
| Name | Grades | Distance |
|---|---|---|
Saltonstall School 211 Lafayette Street, Salem, MA 01970 | K-8 | 0.2 mi |
Carlton Elementary School 10 Skerry Street, Salem, MA 01970 | K-5 | 1.1 mi |
Horace Mann Laboratory 79 Willson Street, Salem, MA 01970 | K-5 | 1.1 mi |
Collins Middle School 29 Highland Avenue, Salem, MA 01970 | 6-8 | 0.6 mi |
Salem Prep High School 2 Museum Place Mall, Salem, MA 01970 | 9-12 | 0.4 mi |
Salem High School, Salem, MA 77 Willson Street, Salem, MA 01970 | 9-12 | 1.2 mi |
Bates Elementary School, Salem, MA 53 Liberty Hill Avenue, Salem, MA 01970 | K-5 | 1.4 mi |
Witchcraft Heights Elementary School 1 Frederick Street, Salem, MA 01970 | K-5 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8-10 & 5 Porter St Ct & Ropes Portfolio
Estimate the Cost
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- Single Family
- Active
- Updated 2 days ago
- 1Bed
- 2Total Baths
- 836Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,740Sq. Ft.
- Single Family
- Active
- Updated 19 hours ago
- 4Beds
- 1Total Bath
- 1,501Sq. Ft.
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,410Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 1Total Bath
- 1,236Sq. Ft.
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- Multi-Family
- Closed
- 19Units
- 27Total Beds
- 0.26Acres
8-10 & 5 Porter St Ct & Ropes Portfolio, Salem, MA 01970 (MLS# 73528048) is a Multi-Family property with 12 units containing 34 bedrooms and 12 full bathrooms. 8-10 & 5 Porter St Ct & Ropes Portfolio is currently listed for $4,200,000 and was received on June 02, 2026. Want to learn more about 8-10 & 5 Porter St Ct & Ropes Portfolio? Do you have questions about finding other Multi-Family real estate for sale in North Lawrence? You can browse all North Lawrence real estate or contact a Coldwell Banker agent to request more information.