$602,000
5
Beds
2
Baths
1,674
Living Area
-
Property Description
Excellent opportunity in the heart of downtown Salem. This two-family home offers strong potential for investors or owner-occupants willing to bring some updates. Both units offer flexible layouts, high ceilings, and character throughout. With some work, this property could shine as a long-term rental, owner-occupied investment, or possible short-term rental (buyer to do due diligence). Just steps from shops, restaurants, museums, and public transportation, this location is ideal for maximizing value and demand. A rare chance to invest in one of Salem’s most walkable areas.
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Highlights
- Levels: 3
- Property Type: Multi Family
- Total Rooms: 12
- Status: Closed
- Property Class: Residential Income
- Stories: 3
- Year Built: 1915
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Additional Details
- Basement: Full
- Foundation: Brick/Mortar
- Roof: Slate
- Total Number of Units: 2
- Year Built Source: Public Records
- Flooring: Hardwood
- Road Frontage Type: Public
- SqFt Source: Other
- Year Built Details: Actual
- Zoning: R3
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Amenities
- Community Features: Public Transportation, Shopping, Laundromat
- Parking Features: Paved Drive
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Utilities
- Sewer: Public Sewer
- Water Source: Public
-
Fees / Taxes
- Assessed Value: $467,600
- Taxes: $5,303
- Tax Year: 2025
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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.