$900,000
$969,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
3 Baths
3,419 SqFt
SOLD DATE : 07/28/2026
Key Details
Sold Price $900,000
Property Type Multi-Family
Sub Type 3 Family - 3 Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 3,419 sqft
Price per Sqft $263
MLS Listing ID 73506068
Sold Date 07/28/26
Bedrooms 8
Full Baths 3
Year Built 1915
Annual Tax Amount $9,702
Tax Year 2026
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type 3 Family - 3 Units Up/Down
Property Description
Well-maintained 1915 three-family in North Salem offering over 3,400 sq ft of living space with spacious 1,000–1,220 sq ft units. All three units will be delivered vacant, presenting a rare opportunity for investors or owner-occupants. Each unit features flexible 2–3 bedroom layouts, high ceilings, and separate gas heating systems (no oil). Interiors are clean and well maintained, with opportunity for cosmetic updates. Estimated market rents range from approximately $2,200–$3,000 per month per unit, depending on condition and improvements. Seller is in receipt of Letters of Compliance for Units 2, 3, and common areas. Conveniently located approximately 0.7 miles to Salem MBTA station and close to downtown Salem, shopping, dining, and area amenities. Property includes off-street parking for 3+ vehicles, basement storage, and a level backyard. Potential future uses and conversions subject to buyer due diligence and municipal approval.Located in a flood zone.
Location
State MA
County Essex
Zoning I
Direction GPS
Rooms
Basement Full
Interior
Interior Features Living Room, Dining Room, Kitchen, Family Room, Sunroom
Heating Central, Forced Air, Natural Gas
Cooling None
Flooring Vinyl, Carpet
Appliance Range, Refrigerator
Exterior
Exterior Feature Balcony/Deck
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Public School, T-Station, University, Sidewalks
Roof Type Shingle
Total Parking Spaces 3
Garage No
Building
Lot Description Level
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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