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16-18 Loring Ave

South Salem, Salem, MA 01970
$1,740,000
9 Beds
5/2 Baths
5,998 Living Area
  • Property Description
    Prominent Victorian home with total of 5 units and recent approval for 6th, along with 6 large concrete garages located in the rear of property on Charles Street. This home has been in the same family for over 60 years, has been well maintained, with long term tenants and empty owners unit with plans to split into 2 units. Great detail inside and out, this property boast high ceilings, hardwood floors, detailed fireplace rooms as well as the added income from the 6, 12 x 35' garages underneath the yard in the rear of the property.
  • Highlights
    • Area: South Salem
    • Parking Spots: 13
    • Property Type: 5+ Family - 5+ Units Side by Side
    • Total Rooms: 25
    • Status: Closed
    • Levels: 6
    • Property Class: Residential Income
    • Stories: 6
    • Year Built: 1895
  • Additional Details
    • Basement: Full
    • Fireplaces: 4
    • Foundation: Stone, Granite
    • Road Frontage Type: Public
    • SqFt Source: Public Record
    • Year Built Details: Approximate
    • Zoning: R2
    • Construction: Frame
    • Flooring: Wood, Tile, Vinyl, Carpet
    • Lot Features: Level
    • Roof: Shingle
    • Total Number of Units: 5
    • Year Built Source: Public Records
  • Amenities
    • Community Features: Public Transportation, T-Station
    • Parking Features: Off Street
    • Covered Parking Spaces: 6
  • Utilities
    • Sewer: Public Sewer
    • Water Source: Public
  • Fees / Taxes
    • Assessed Value: $2,010,900
    • Taxes: $22,804
    • Tax Year: 2025
    • Total Rent: $5,437

Location

16-18 Loring Ave, Salem, MA 01970

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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 Little & Co., REALTORS®. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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