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.
3,419 Sq Ft
5,249 Sq Ft Lot Size
investment
$9,702 Annual Tax
Built in 1915
MLS/Listing ID 73506068
3 Stories
3 Units
Construction - Frame
Community - Golf
Community - Marina
Community - Park
Community - Public Transportation
Community - Shopping
Community - Sidewalks
Range
Refrigerator
Covered
Porch
Parking - Off Street
Parking - Paved
Lot - Level
Sun Room
Heating - Forced Air
Heating - Natural Gas
Stone
Carpet
Vinyl
Public Water
Public Sewer
Shingle
Living Room
Family Room
Dining Room
Balcony - Deck
Community - Walk/Jog Trails
Community - University
Community - T-Station
Community - Public School
Community - Medical Facility
Community - Laundromat
Community - House of Worship
Community - Highway Access
Community - Bike Path
TOTAL MONTHLY COST
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