$899,000
PENDING

Estimated payment $5,467/month

Total Views 1,433
7 Beds
3 Baths
3,087 Sq Ft
$291 Price per Sq Ft

Highlights

  • Tandem Parking
  • Fenced
  • 4-minute walk to Collins Cove Park

About This Home

Rarely Available Multi-Family Gem in Salem Commons. Exceptional two-family residence artfully blending historic character with modern updates. This expansive multifamily rests on a desirable lot in the heart of Salem. Unit 1 -Charming 2-Bed, Updated Layout. Recently renovated unit features 2 bright bedrooms, a tastefully modernized bathroom, & a kitchen thoughtfully updated with contemporary finishes. Unit 2 -Spacious 4–5 Bed + Bonus Layout. The 2-level upper unit offers exceptional flexibility, 4 to 5 bedrooms large back deck, plus 2 bonus rooms ideal as home offices, media rooms, play or guest spaces. Recent renovations include updated flooring, refreshed kitchen, baths, & tasteful cosmetic enhancements while honoring the property’s period features. Enjoy the fenced in back yard with built in pool, patio area, & mature plantings. Situated in the storied and walkable Salem Commons neighborhood—close to Salem Common, downtown, commuter rail, & the waterfront. Off Street tandem park

Listing Agent

Kimberly Dowling

Vylla Home Listed on: 09/02/2025

Vylla Home

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,272

Year Built

  • Built in 1869

Lot Details

  • 5,101 Sq Ft Lot
  • Fenced

Interior Spaces

  • 3,087 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Tandem Parking
  • Off-Street Parking

Community Details

  • 2 Units
  • Net Operating Income $60,000

Listing and Financial Details

  • Assessor Parcel Number M:36 L:0436,2137578

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,272

Year Built

Built in 1869

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1869
  • Levels: 3
  • Year Built Details: Renovated Since
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Above Grade Finished Sq Ft: 3087
  • Living Area: 3087
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN5137
  • LIST PRICE PER Sq Ft: 291.22
  • PRICE PER Sq Ft: 291.22

Exterior Features

  • Fencing: Fenced/Enclosed
  • Foundation Details: Other
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront Features: Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Tandem
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:36 L:0436,2137578
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5101
  • Lot Size Units: Acres
  • PAGE: 391

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7272
  • Tax Book Number: 24340

Multi Family

  • Gross Income: 60000
  • Net Operating Income: 60000
  • Number Of Units Total: 2
  • Total Actual Rent: 5000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,272 $641,300 $205,700 $435,600
2024 $6,960 $599,000 $195,500 $403,500
2023 $6,745 $539,200 $180,500 $358,700
2022 $6,922 $522,400 $174,400 $348,000
2021 $6,583 $477,000 $162,400 $314,600
2020 $6,474 $448,000 $153,400 $294,600
2019 $6,418 $425,000 $145,600 $279,400
2018 $5,957 $387,300 $138,300 $249,000
2017 $5,139 $324,000 $90,200 $233,800
2016 $4,840 $308,900 $85,400 $223,500
2015 $4,675 $284,900 $77,000 $207,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 Pending -- -- --
09/02/2025 09/02/25 For Sale $899,000 -- $291 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Deed -- --
Quit Claim Deed -- --
Deed -- --
Deed $445,000 --
Deed $138,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $315,012 Stand Alone Refi Refinance Of Original Loan
Previous Owner $355,000 Purchase Money Mortgage
Previous Owner $76,000 No Value Available
Previous Owner $117,300 Purchase Money Mortgage
Source: Public Records

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73424287

MLS Property Information Network (MLS PIN)

APN: SALE-000036-000000-000436