Welcome to 229 Sinnickson Street, where history meets opportunity in the heart of Salem. This beautifully updated home offers the perfect blend of character and modern comfort, making it an ideal choice whether you’re searching for your first home or your next investment property. This property offers excellent investment potential with a projected 13.6%, cap rate at list price. Previously rented for $1,600/month and now vacant, making it easy to show and ready for a new tenant or owner-occupant. Low annual expenses (approx. $3,500 for taxes and insurance) and updated condition make this a strong addition to any rental portfolio. Cap rate and income figures are estimates for informational purposes and should be verified by the buyer. Easy to show! Renovated in February 2025, it has been thoughtfully refreshed—from the updated kitchen and bath to the modern flooring and finishes throughout. Located in Salem’s historic district just minutes from the riverfront and local conveniences, this move-in-ready property delivers charm, functionality, and lasting value at an affordable price point. Schedule your showing today and see all that this Salem gem has to offer.
Listing courtesy of Keller Williams Realty - Washington Township. Contact:
Selling Office: .
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