Property Description

Rare multi-family opportunity in North Salem! Natural light drenches both units from the large array of windows, further warmed by timeless hardwood floors and elegant trim throughout. The eat-in kitchens are equipped with stone counter tops, tasteful backsplashes and plenty of storage, perfect for residents with culinary ambitions! Each unit has their own separate and convenient driveways for off street parking. The attic is unfinished, though equipped with a full staircase, creating an interesting opportunity for unit expansion. Located in desirable North Salem, this property is close to many amenities including the MBTA Salem Station, restaurants and shops. An amazing opportunity for investors and live-in owners alike!

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 2
  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Amenities: House of Worship, Laundromat, Park, Public School, Public Transportation, Shopping
  • Basement Features: Full, Partially Finished
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Stone/Granite/Solid Counters
  • Common Appliances: Dishwasher, Microwave, Range, Refrigerator

Financial

  • APOD Available: No
  • Gross Operating Income: 70680
  • Net Operating Income: 70680

Utilities

  • Electric Info: 100 Amps, Other (See Remarks)
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private
  • Sewer District: Salem

Unit 1 Description

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

Unit 2 Description

  • Included in Rent: Electric
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1925
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73475049
  • Last Updated: 02/06/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
02/06/2026New$940,000$481MLSPIN
12/16/2022Under Agreement$525,000$263MLSPIN
12/09/2022Contingent$525,000$263MLSPIN
12/07/2022Price Change$525,000$263MLSPIN
10/26/2022Under Agreement$499,000$250MLSPIN
10/12/2022Contingent$499,000$250MLSPIN
10/09/2022Active$499,000$250MLSPIN
10/05/2022New$499,000$250MLSPIN
07/02/2004Active$395,000$198MLSPIN
07/02/2004Active$375,000$188MLSPIN

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Seller's Representative: The Alianza Group, Nina-Soto Realty, LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-02-06 12:55:00

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