Sold!
$1,050,000
8
Beds
4
Baths
4,486
Living Area
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Property Description
Discover the potential of this spacious and well-located multifamily property, offering versatility and strong income potential. Property Features, three large, well-appointed units, generously sized bedrooms in each unit, private driveway plus additional resident street parking. Short walking distance to the commuter rail station, steps from Salem’s vibrant downtown shopping and restaurant district. This is a rare opportunity for investors or owner-occupants to own a versatile property with long-term upside. Whether you’re looking to generate rental income, create a multi-generational living space, or explore future value-add possibilities, this property offers endless potential.
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Highlights
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1915
- Parking Spots: 1
- Property Type: 3 Family
- Total Rooms: 25
- Status: Closed
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Additional Details
- Basement: Finished
- Interior Features: Living Room, Dining Room, Kitchen
- Total Number of Units: 3
- Year Built Source: Public Records
- Foundation: Granite
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: R3
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Amenities
- Parking Features: Paved Drive
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $910,700
- Taxes: $10,327
- Tax Year: 2025
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Law Offices of Bradford Eliot Keene, P.C..
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
