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$1,055,000
6
Beds
3
Baths
3,145
Living Area
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Property Description
Rare oversized owner-occupant opportunity in Salem—properties offering this level of space, flexibility, and income potential are hard to find. This well-maintained two-family sits directly across from a 100-acre arboretum—serene views, quiet living, easy access to downtown dining and shops. It lives like a single-family with built-in income. The expansive upper unit features a flexible layout with multiple living areas and generously sized bedrooms, ideal for everyday living or long-term appreciation. The first-floor unit generates $3,100/month with upside based on current market rents. Highlights: six off-street parking spaces, fenced yard, garage storage, and high-efficiency heating and cooling. Solar panels provide significant energy savings—owner’s unit averages $0/month in electricity. Lower unit has shown strong fall seasonal demand (buyer to verify regulations). Garage offers ADU potential (buyer to verify). Less than a mile to Salem’s T-station, schools, and the ocean.
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Highlights
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1870
- Parking Spots: 8
- Property Type: Multi Family
- Total Rooms: 12
- Status: Closed
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Additional Details
- Appliances: Range, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer, Disposal
- Construction: Frame
- Flooring: Tile, Vinyl, Hardwood
- Interior Features: Living Room, Kitchen, Family Room, Laundry Room, Dining Room, Mudroom
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
- Basement: Full, Bulkhead, Concrete, Unfinished
- Exterior Features: Rain Gutters
- Foundation: Stone
- Lot Features: Level
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: R2
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Marina, Public School, T-Station, University
- Parking Features: Paved Drive, Off Street
- Covered Parking Spaces: 2
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Utilities
- Electric: Circuit Breakers, 200+ Amp Service, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $803,800
- Taxes: $9,115
- Tax Year: 2025
- Total Rent: $3,100
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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 Citylight Homes LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
