$1,055,000
$999,999
5.5%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
3 Baths
3,145 SqFt
SOLD DATE : 06/22/2026
Key Details
Sold Price $1,055,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,145 sqft
Price per Sqft $335
MLS Listing ID 73508557
Sold Date 06/22/26
Bedrooms 6
Full Baths 3
Year Built 1870
Annual Tax Amount $9,115
Tax Year 2025
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Multi Family
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.
Location
State MA
County Essex
Zoning R2
Direction Please use GPS.
Rooms
Basement Full, Bulkhead, Concrete, Unfinished
Interior
Interior Features Living Room, Kitchen, Family Room, Laundry Room, Dining Room, Mudroom
Flooring Tile, Vinyl, Hardwood
Appliance Range, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer, Disposal
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Exterior Feature Rain Gutters
Garage Spaces 2.0
Fence Fenced/Enclosed, Fenced
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Marina, Public School, T-Station, University
Utilities Available for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Roof Type Shingle
Total Parking Spaces 10
Garage Yes
Building
Lot Description Level
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
Schools
Elementary Schools Bates Elementary School
Middle Schools Collins Middle School
High Schools Salem High School
Others
Senior Community false
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Bought with Steven Belesis • Citylight Homes LLC
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