Property Description

Exceptional three-family home located in one of Salem most sought-after neighborhoods, on Roslyn St, conveniently located between Lafayette and Canal Streets, 16 minutes by foot and 3 mins by car to downtown Salem. Built in 1914, this property offers a strong opportunity for investors, developers, or owner-occupants seeking long term value. This well-maintained 4,300+ square foot property has 2 unusually gracious two bedroom units and a third floor 3 bedroom unit. Units 1 and 2 each have private outdoor spaces. Each unit has its own heat and hot water with separate meters. Vinyl siding keeps exterior maintenance to a minimum. Three off -street parking spaces and a 2 car garage have real appeal to tenants, especially in this in-town setting. Whether you’re looking to generate rental income or live in one unit while renting the other two, this property presents a fantastic opportunity in a high-demand market.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 7
  • Total Full Baths: 3
  • Basement Features: Full
  • Common Interior Features: Tile Floor

Financial

  • APOD Available: No
  • Gross Operating Income: 25500
  • Gross Expenses: 3783
  • Water/Sewer: 596
  • INSC: 2400
  • RFS: 787
  • Net Operating Income: 25500

Utilities

  • Utility Connections: for Gas Range
  • 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: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1914
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Shingle, Slate
  • Flooring Type: Tile, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73496649
  • Last Updated: 04/10/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/10/2026Active$1,150,000$266MLSPIN
04/06/2026New$1,150,000$266MLSPIN

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Seller's Representative: Michael Selbst, Gibson Sotheby's International Realty
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 2026-04-10 03:05:00

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