Rare oversized owner-occupant opportunity in Salem—properties offering this level of space, flexibility, and income potential are hard to find. This well-maintained two-family sits directly across from a 100-acre arboretum—serene views, quiet living, easy access to downtown dining and shops. It lives like a single-family with built-in income. The expansive upper unit features a flexible layout with multiple living areas and generously sized bedrooms, ideal for everyday living or long-term appreciation. The first-floor unit generates $3,100/month with upside based on current market rents. Highlights: six off-street parking spaces, fenced yard, garage storage, and high-efficiency heating and cooling. Solar panels provide significant energy savings—owner’s unit averages $0/month in electricity. Lower unit has shown strong fall seasonal demand (buyer to verify regulations). Garage offers ADU potential (buyer to verify). Less than a mile to Salem’s T-station, schools, and the ocean.
3,145 Sq Ft
5,950 Sq Ft Lot Size
investment
US$9,115 Annual Tax
Built in 1870
MLS/Listing ID 73508557
3 Stories
2 Units
Community - Highway Access
Community - House of Worship
Community - Medical Facility
Community - Public School
Community - T-Station
Community - University
Community - Walk/Jog Trails
Storm Door(s)
Dining Room
Family Room
Living Room
Mudroom
Deck - Composite
Shingle
Public Sewer
Public Water
Community - Park
Community - Marina
Construction - Frame
Rain Gutters
Community - Public Transportation
Community - Shopping
Dishwasher
Fenced
Vinyl
Tile
Hardwood
Stone
Washer Hookup
Electric Dryer Hookup
Lot - Level
Parking - Paved
Parking - Off Street
Porch
Patio
Washer
Refrigerator
Range
Microwave
Freezer
Dryer
Disposal
TOTAL MONTHLY COST
US$0
US$0
US$0