741 Salem Street, Lynnfield, MA 01940
View Map
$974,900
2 Unit
3 Beds
3 Baths
3648 SQFT
0.66 Acre

Property Description

A RARE OPPORTUNITY! NEWLY RE-ZONED SINGLE FAMILY HOME NOW A 2 FAMILY this unique owner occupied property offers outstanding flexibility for both owner occupants & investors. Originally a single-family home, it has been thoughtfully reconfigured while maintaining its character & charm.1st floor apartment features 4 rooms w/a spacious 1BR layout bright and dramatic living .2nd apartment spans the 2nd & 3rd floors, The impressive third floor showcases soaring ceilings w/ exposed beams,creating a bright & dramatic living space, along w/finished storage areas that provide exceptional versatility.Whether you're looking for rental income, multi-generational living, or an owner-occupied investment, this newly rezoned two-family presents a rare opportunity with spacious layouts and endless potential. Detached expanded garage with attached 2nd bay Beautiful oversized almost 3/4 acre level lot 4 BR septic Roof approx 6 years 1st floor kitchen needs re- freshening. What makes this home truly special is its remarkable architectural character & timeless craftsmanship.exposed beamed ceilings, and three beautiful fireplace mantels create warmth & elegance throughout. A stunning round turret wrapped in windows,This is more than a home it's a property w/ character, history, & a presence that simply cannot be replicated.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Amenities: Golf Course, Highway Access, House of Worship, Park, Private School, Public School, Shopping
  • Basement Features: Concrete Floor, Full, Interior Access, Unfinished Basement
  • Common Rooms: Dining Room, Family Room, Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Bathroom with Shower Stall, Tile Floor
  • Common Appliances: Range, Refrigerator
  • Common Cooling: None

Financial

  • APOD Available: No

Utilities

  • Heat Zones: 1
  • Cooling Zones: 1
  • Energy Features: Insulated Windows, Storm Windows
  • Utility Connections: for Electric Oven, for Electric Range
  • Water: City/Town Water, Private
  • Sewer: On-Site, Private Sewerage

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1890
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick, Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Laminate, Tile, Wall to Wall Carpet, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73560327
  • Last Updated: 08/07/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/06/2026New$974,900$267MLSPIN
08/05/2026Canceled$967,000$265MLSPIN
08/05/2026Extended$967,000$265MLSPIN
04/30/2026Active$967,000$265MLSPIN
04/26/2026Price Change$967,000$265MLSPIN
03/22/2026Active$999,900$274MLSPIN
03/18/2026Price Change$999,900$274MLSPIN
03/09/2026Active$1,100,000$302MLSPIN
03/05/2026Back on Market$1,100,000$302MLSPIN
03/05/2026Contingent$1,100,000$302MLSPIN
02/16/2026Active$1,100,000$302MLSPIN
02/12/2026New$1,100,000$302MLSPIN

Mortgage Calculator

View Breakdown

Map

Seller's Representative: Julie Tsakirgis Group, RE/MAX Property Shoppe, Inc.
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

© 2026 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-08-07 15:08:00

Related Properties