Rare opportunity to own a spacious two-family home in a prime Salem location Property will be delivered completely vacant, offering immediate flexibility for owner-occupants, investors, or multigenerational living. The first-floor unit is currently configured and utilized as a 4-room sleeping arrangement with a full bath, living room, and large eat-in kitchen. The upper unit spans the second and third floors and is currently configured and utilized as a 5-room sleeping arrangement with 2.5 baths and flexible living space. Recent updates include LifeProof luxury vinyl plank flooring, updated kitchen cabinets, and an updated sink. The roof and siding were replaced just a few years ago, offering added peace of mind. Additional features include a fenced backyard, off-street parking, ample storage, and a full basement. Conveniently located near downtown Salem, commuter rail, shopping, restaurants, parks, and the waterfront. Buyer to perform own due diligence Open House Sat and Sun 12-2pm
Don't miss out on this updated multi-family property! This is a large three story multi-family residence located in Salem with close proximity to downtown. Built in 1915, this house is a great opportunity for owner-occupants looking for a move in ready long term investment. Both units have new electrical systems with permits inspected and complete. New and refinished floors, and cosmetic updates throughout. The first floor unit features a living room with fireplace, dining room, kitchen, two bedrooms and one full bath. Plenty of potential and space to add a bedroom. Second floor unit offer three bedrooms, kitchen, and once full bath, as well as access to a walk up unfinished walk up with high ceilings. Additional highlights include parking for 3-4 vehicles, three separate electrical panels all new in 2026, roof and siding replaced approx 11 years ago, boiler installed in 2015, and a hot water heater installed in 2021. This is a rare and special property ready for move in.
Well-maintained two-family home in the highly desirable Forest River Park neighborhood, offering an excellent opportunity for both owner-occupants and investors. Each unit features a separate entrance, three bedrooms, one bathroom, in-unit washer and dryer, high ceilings, and gleaming hardwood floors throughout. Ideally situated just one block from Forest River Park and three blocks from Salem State University's North Campus, this property offers exceptional convenience. Public transportation is easily accessible, with the Lafayette Road bus route located two blocks away, providing service to downtown Salem and Boston's Haymarket area. Unit 1 Currently has a TAW, and unit 2 is vacant.
Unique opportunity to own the historic Captain Nathaniel Osgood House, an elegant brick seven-family property built in 1815 and prominently situated within Salem's highly sought-after McIntire District. Rich in period charm and architectural character, the property consists of three (3) one-bedroom units, one (1) two-bedroom unit, and two (2) spacious one-plus-bedroom units. Each units showcases beautiful antique fireplaces, hardwood flooring, and an abundance of original historic detail.The building has been thoughtfully renovated throughout with granite countertops, stainless steel appliances, new bathrooms, efficient Navien heating systems, and updated electrical service. The property offers off-street parking for up to six vehicles. Adding to its appeal is a detached two-story carriage house located at the rear of the property, providing additional income. All tenants pay heat, HW and electric. Please see attached PDF for a rent roll and expenses.
Located in Salem's prestigious McIntire District, this remarkable six-family Georgian Colonial, built circa 1735, presents a rare opportunity to own a significant piece of the city's architectural history. The Property consists six (6) residential units comprised of four (4) one-bedroom apartments, one (1) two-bedroom apartment, and one (1) studio.The Essex Street-facing apartments showcase an extraordinary collection of original period details, including King George flooring, five working fireplaces, and the timeless craftsmanship that defines early New England architecture. Each unit is separately metered for gas and electric, with tenants responsible for their own utilities. The gas heating systems have all been recently updated along with many of the kitchens and baths. Please see attached PDF for a rent roll and expenses.
MAJOR PRICE IMPROVEMENT! CASH COW! Strong cash-flowing 6-unit multifamily investment opportunity in desirable Salem, MA. The property generates approximately $248,724 in gross annual income and over $200,000 in NOI. Featuring a rare and highly desirable unit mix of four spacious 4-bedroom, 1-bath units and two generously sized 3-bedroom, 1-bath units, the property benefits from strong rental demand and stable income potential. Additional income is generated through on-site laundry and storage. Conveniently located near the MBTA Commuter Rail with easy access to Boston and Salem's vibrant downtown, waterfront, restaurants, shopping, and entertainment. Excellent opportunity for investors seeking immediate cash flow, strong in-place income, and long-term upside potential.
LOCATION & VALUE! Opportunity awaits in this recently renovated two-family home in desirable North Salem. The first-floor unit features 2 bedrooms, 1 full bathroom, and a beautifully updated kitchen and bath. The second-floor unit offers sun-filled living spaces, gleaming hardwood floors, a renovated kitchen and bathroom, and the convenience of an in-unit washer and dryer. The third floor includes additional unrenovated rooms, presenting potential for future expansion or customization. Bring your contractor and explore the possibilities. Ideally located near major highways, public transportation, parks, shopping, and local amenities, this property offers excellent value for both owner-occupants and investors alike.
5 Ropes Street and 8-10 Porter Street Court are two adjacent 3-story, 6-unit buildings with a total square footage of 19,720± and a rentable square footage of 13,472±. This offering includes twenty (20+) surface parking spots and 6-bay garages currently generating substantial income. Both buildings offer investors separately metered utilities, on-site coin-operated laundry facilities, and storage units per apartment for additional income. Investors will hedge any risk with multiple revenue streams within one investment opportunity. The offering is within walking distance of public transportation, restaurants, and many local amenities.
Classic Salem character in the historic Bridge Street Neck. This cedar shingle 2-family sits on a quiet, tree-shaded street in one of Salem's most charming residential neighborhoods, a National Register historic district where Federal, Greek Revival, and Victorian homes line the blocks just minutes from downtown.The potential here is real. Two units and a private rooftop deck with city views give you room to make it your own, with good bones in an irreplaceable location. This home needs renovation & updates, priced accordingly. Bring your vision and create instant equity in one of the North Shore's most sought-after neighborhoods. Moments from the commuter rail, Salem Common, the harbor, and the museums, with Essex Street dining, cafes, and boutiques close by. On-street permit parking only, the trade-off for living where the very best of Salem is right outside your door. A rare chance to own a piece of historic Salem. The home needs repairs and updates. Call listing agent with question
Distinguished 1875 Victorian multifamily thoughtfully reimagined into two stunning townhouse-style residences in historic North Salem. Spanning over 4,310 SF, this fully renovated property offers 8 bedrooms and 6 full bathrooms across two expansive units, each designed to live with the comfort and privacy of a single-family home. A significant restoration brought new life to the property while preserving its original architectural character, including soaring ceilings, abundant natural light, hardwood flooring, and restored historic details throughout. Every major system has been upgraded, including new roof, electrical, plumbing, HVAC with gas heat and central A/C, redesigned open-concept living spaces, brand-new kitchens and baths, and fresh interior/exterior paint. Separate driveways, private yard spaces, and townhouse-style layouts offer opportunity for owner-occupied living, multigenerational use, or investment potential. Ideal North Salem location 1 mile to downtown and MBTA.
Fantastic 2 Family w/ Rarely Seen Side by Side Townhouse Style Units. Situated on a nearly 8200 Sqft Lot with Great Yard Space. Unit 23 Features 2 Bedrooms and 2 Full Baths. Primary Suite has Cathedral Ceiling and Slider to a Private Deck. Large Living Room, Eat in Kitchen with Granite and Stainless Steel. Newly Refinished Hardwood Floors Throughout, Freshly Painted, Private Basement with Storage and Laundry. Unit 25 has 2 Bedrooms, 1.5 Baths. Eat in Kitchen with Grey Shaker Cabinetery, Quartz Counters and Stainless Steel Applicances. Cathedral Ceiling Primary Suite with Balcony, Private Basement and Laundry. 2 Driveways with Parking for more than 7 cars. Each unit has Private Entrances, Private Decks on ground level and a great yard. All Separate Utilities. New Gas Heating Systems and Hot Water Tanks. Harvey Replacement Windows and Architectural Shingle Roof. Short Stroll to the Salem Station, Downtown and all the Best that Salem has to Offer! Open Houses Sat&Sun 12:30-2
Turn Key Opportunity ~ Completely renovated 3-family property located just minutes from Historic Downtown Salem. This exceptional property offers a great opportunity for both owner-occupants and investors. Recent renovations include NEW granite and stainless steel kitchens, NEW tiled full bathrooms, NEW hardwood floors, NEW windows, NEW vinyl siding, and updated electrical and plumbing systems throughout—making this a true turnkey investment. The property features two spacious 3-Bedroom units and a 2-bedroom unit on the top floor. Ample on-street parking is available, along with a 4+ car paved driveway and backyard. Conveniently located just minutes from the commuter rail, downtown restaurants, museums, and the harbor, this fully renovated multi-family home combines modern updates with an unbeatable location.
Turnkey 8-unit investment opportunity in Salem. The Property consists of two four-family buildings deeded together, totaling eight (8) 2-bedroom units, along with 10 off-street parking spaces. Heat and hot water are included in rent. The property has been extensively updated, featuring renovated kitchens and baths with granite countertops and stainless steel appliances, updated electrical, a new roof on the Harbor Street building, and new insulation in both attics and walls. Additional highlights include basement storage and a clean, well-maintained condition, making this an ideal opportunity for investors seeking a low-maintenance, stabilized asset with upside through future rent optimization. See attached for the OM with detailed financials.
HUGE PRICE REDUCTION!! Situated at 11 Barton St in the historic city of Salem, MA, United States, this multi-family residence presents itself as an attractive property in great condition. The kitchen invites culinary exploration with its elegant backsplash, expansive kitchen peninsula, and durable stone countertops, providing both aesthetic appeal and practical workspace for everyday living. Within the living room, a welcoming fireplace provides a focal point, complemented by the distinctive charm of a beamed ceiling, creating an atmosphere of comfort and refined character. Each of the two full bathrooms offers a refreshing experience, featuring a double vanity for convenience and a beautifully tiled walk-in shower, ensuring a serene start or end to the day. Beyond the individual living spaces, this multi-family property, built in 1821, offers a substantial 2160 square feet of living area distributed across its two stories. 1st unit is vacant, 2nd unit is TAW.
This waterfront retreat in the highly sought-after Juniper Point/Willows neighborhood truly has it all. The main residence has an inviting eat-in kitchen, formal dining room, bright living room, and convenient laundry room. The luxurious primary suite is a private oasis, complete with its own deck, kitchenette, cedar closet, and custom built-ins. Above the garages, you’ll find a separate living space—perfect for guests or extended family—featuring an eat-in kitchen, living room, and bedroom. Enjoy breathtaking views of Juniper Cove, Baker’s Island, and beyond. Outdoor living is just as impressive, with a large front porch, expansive level yard, pool house, outdoor shower, and a fenced, paved driveway with parking for 6+ cars. The private, built-in saltwater pool. Check out the Video! Schedule your showing today!
Salem is located in Massachusetts. Salem, Massachusetts has a population of 44,452. Salem is less family-centric than the surrounding county with 22.93% of the households containing married families with children. The county average for households married with children is 30.06%.
The median household income in Salem, Massachusetts is $72,884. The median household income for the surrounding county is $86,684 compared to the national median of $69,021. The median age of people living in Salem is 37.6 years.
The average high temperature in July is 79.9 degrees, with an average low temperature in January of 18.2 degrees. The average rainfall is approximately 47.3 inches per year, with 41.8 inches of snow per year.
