Sold!
$650,000
6
Beds
3
Baths
2,594
Living Area
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Property Description
This 2-unit multi-family home offers a fantastic opportunity for a complete renovation or a condo conversion project. Ideal for investors, contractors or developers, this property has the potential to generate income as a rental or be transformed into two individual condo units, in a highly desirable Salem location. Just minutes from Salem’s vibrant shops, restaurants, art galleries, museums, beaches, hiking trails, campgrounds, as well as convenient commuter options via the rail and ferry. Don’t miss this chance to reimagine and revitalize a piece of Salem’s history. Whether you’re looking to create an income-generating property or sell custom condos, this is a rare opportunity to make your mark in one of New England’s most sought-after cities!
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Highlights
- Area: South Salem
- Parking Spots: 2
- Property Type: 2 Family - 2 Units Up/Down
- Total Rooms: 12
- Status: Closed
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1915
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Additional Details
- Basement: Unfinished
- Lot Features: Other
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: R2
- Foundation: Other
- Road Frontage Type: Public
- Total Number of Units: 2
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School, University, Other
- Parking Features: Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $617,400
- Compensation Based On: Gross/Full Sale Price
- Taxes: $7,174
- Buyer Agent Compensation: 2%
- Tax Year: 2024
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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 Coldwell Banker Realty - Boston.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
