$824,999
6
Beds
2
Baths
3,378
Living Area
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Property Description
Don't miss out on this updated multi-family property! This is a large three story multi-family residence located in Salem with close proximity to downtown. Built in 1915, this house is a great opportunity for owner-occupants looking for a move in ready long term investment. Both units have new electrical systems with permits inspected and complete. New and refinished floors, and cosmetic updates throughout. The first floor unit features a living room with fireplace, dining room, kitchen, two bedrooms and one full bath. Plenty of potential and space to add a bedroom. Second floor unit offer three bedrooms, kitchen, and once full bath, as well as access to a walk up unfinished walk up with high ceilings. Additional highlights include parking for 3-4 vehicles, three separate electrical panels all new in 2026, roof and siding replaced approx 11 years ago, boiler installed in 2015, and a hot water heater installed in 2021. This is a rare and special property ready for move in.
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Highlights
- Heating: Baseboard, Oil
- Parking Spots: 3
- Property Type: 2 Family - 2 Units Up/Down
- Total Rooms: 10
- Status: Active
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1915
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Additional Details
- Appliances: Range, Refrigerator, Washer, Dryer
- Fireplaces: 2
- Foundation: Stone
- Lot Features: Other
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
- Basement: Full, Walk-Out Access, Unfinished
- Flooring: Wood
- Interior Features: Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Walk-Up Attic, Living Room, Dining Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: R3
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Amenities
- Parking Features: Tandem, Paved
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Utilities
- Electric: Common
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $637,000
- Taxes: $7,224
- Tax Year: 2025
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