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38-40 Moffatt Rd

Salem, MA 01970
$762,000
4 Beds
2 Baths
2,153 Living Area
  • Property Description
    UPDATE: OFFER DEADLINE MON, JULY 1ST AT 12PM. Explore an exceptional investment in Salem with this well-maintained 2-family property, ideally situated next to Salem State University. Each unit offers 2 spacious bedrooms, modern kitchens with stainless steel appliances, and bright living areas. Featuring a private backyard with a garage, this property is delivered fully vacant, presenting a perfect opportunity for investors seeking strong rental potential. Its convenient location near campus amenities and downtown Salem's vibrant attractions enhances its appeal to potential tenants. Don't miss this turnkey opportunity to own a prime piece of Salem's real estate. Schedule your showing today!
  • Highlights
    • Cooling: Window Unit(s)
    • Parking Spots: 8
    • Property Type: 2 Family - 2 Units Side by Side
    • Year Built: 1930
    • Heating: Hot Water, Natural Gas
    • Property Class: Residential Income
    • Total Rooms: 10
    • Status: Closed
  • Additional Details
    • Appliances: Range, Dishwasher, Refrigerator
    • Construction: Frame
    • Flooring: Tile, Hardwood, Vinyl / VCT
    • Lot Features: Cleared
    • Roof: Shingle
    • Year Built Details: Actual
    • Zoning: R1
    • Basement: Partially Finished
    • Exterior Features: Rain Gutters
    • Foundation: Concrete Perimeter, Stone
    • Road Frontage Type: Public
    • Total Number of Units: 2
    • Year Built Source: Public Records
  • Amenities
    • Covered Parking Spaces: 2
    • Parking Features: Paved Drive, Off Street, Tandem, Paved
  • Utilities
    • Sewer: Public Sewer
    • Water Source: Public
  • Fees / Taxes
    • Assessed Value: $581,600
    • Compensation Based On: Gross/Full Sale Price
    • Tax Year: 2024
    • Buyer Agent Compensation: 2%
    • Facilitator Compensation: 2%
    • Taxes: $6,758

Location

38-40 Moffatt Rd, 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 Century 21 Property Central Inc.. 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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