$1,025,000
7
Beds
3/1
Baths
4,310
Living Area
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Property Description
Perfect for owner-occupied income producing property, straight-up investment opportunity, or potential condo conversion for developers. Rare Salem 2-family (side-by-side) duplex offering spacious sunny rooms with 2 driveways and good-sized yard seeks new steward. Unit 1 (current owner’s home) offers 4 bedrooms, renovated kitchen and 2 full baths plus interior access to own basement with laundry. The attic is a wide open, finished, heated open space which offers potential for various uses – bedroom, family room, office space, maybe even an ADU (buyer to do research and due diligence). Unit 2 (currently tenant occupied) has 3 bedrooms, 1.5 baths, laundry and access to own basement. Fully insulated and deleaded, this home has new heating systems and hot water heaters for both units. Close to downtown Salem restaurants, shops, museums, and Commuter rail.
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Highlights
- Cooling: Window Unit(s)
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1875
- Heating: Forced Air, Natural Gas, Baseboard
- Parking Spots: 4
- Property Type: 2 Family - 2 Units Side by Side
- Total Rooms: 15
- Status: Closed
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Additional Details
- Appliances: Range, Refrigerator, Washer, Dryer, Dishwasher
- Construction: Frame
- Flooring: Wood, Vinyl, Carpet, Hardwood
- Interior Features: Cathedral/Vaulted Ceilings, Lead Certification Available, Storage, Bathroom with Shower Stall, Remodeled, Internet Available - Unknown, Ceiling Fan(s), Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Loft, Office/Den
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: R2
- Basement: Full, Interior Entry, Concrete, Unfinished
- Exterior Features: Rain Gutters
- Foundation: Stone
- Lot Features: Corner Lot, Level
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
- Parking Features: Paved Drive, Off Street, Assigned, Paved
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $872,300
- Tax Year: 2025
- Total Rent: $3,500
- Rental Fee Includes: Unit 1(None), Unit 2(None)
- Taxes: $9,892
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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 J. Barrett & Company.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.