Property Description

Welcome to 21 Laurel Street – a renovated 2-family home offering exceptional updates and investment potential, ideally situated just outside of historic downtown Salem. Fully renovated in 2021, this turn-key property features newer heating systems, hot water tanks, windows, and siding – plus the added benefit of lead compliance for both units. Each unit offers a thoughtfully designed 2-bedroom, 1-bath layout with in-unit laundry, central air conditioning, stylish finishes and hardwood flooring. One of the units also includes a bonus office space, perfect for remote work or additional living flexibility. Enjoy outstanding outdoor space including a large rear deck and a backyard. With four off-street parking spaces (two per unit), this property truly checks all the boxes. Now is your chance to own this beautifully updated multi-family home sited just moments from the north shore's top restaurants, shops, Salem State University, and the MBTA Commuter Rail for easy access to Boston.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Amenities: Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Tennis Court, University, Walk/Jog Trails
  • Basement Features: Unfinished Basement

Financial

  • APOD Available: Yes
  • Gross Operating Income: 61440
  • Net Operating Income: 61440

Utilities

  • Heat Zones: 2
  • Cooling Zones: 2
  • Energy Features: Insulated Windows
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1870
  • Type: 2 Family - 2 Units Up/Down
  • Foundation Info: Brick, Fieldstone
  • Flooring Type: Hardwood
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73385439
  • Last Updated: 06/05/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/04/2025New$849,000$381MLSPIN

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Seller's Representative: Strobeck Antonell Bull Group, Compass
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 1
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-06-05 03:30:00