$725,000
SOLD FEB 2, 2026
5 Beds
2.5 Baths
1,912 Sq Ft
2,178 Sq Ft

Recently Sold

$379 Per Sq Ft

7% Below List Price

23 Days on Market

Highlights

  • Beach Front
  • Golf Course Community
  • Open Floorplan
  • Marina
  • Medical Services
  • 1-minute walk to Collins Cove Park

About This Home

As of February 2026

Big Price Adjustment! Priced to Sell! Just steps to Salem's burgeoning waterfront and bustling downtown, this two-family home in an ultra-desirable location is perfect for investors and home owners alike. Close to Downtown Salem, Salem State University, Collins Cove & more, this two family home offers recently updated units, complete with new kitchens and baths. Minutes to Salem's MBTA Commuter Rail Station with easy access to Boston. Property is completely turn key with stainless steel appliances, updated granite counters and cabinets and washers & dryers. Unit 1 is a 2 bedroom and 1 bath. Unit 2 is a two-level, townhouse/loft style unit with 3 bedrooms and 1.5 bath. Property to be delivered vacant but, was bringing in $6,000 a month in rent! Fully insulated through the Mass Save program. Great opportunity! Don't miss out!

Last Agent to Sell the Property

Ed Deveau

Century 21 Mario Real Estate Listed on: 11/18/2025

Century 21 Mario Real Estate

Last Buyer's Agent

Aria Mathur

Lamacchia Realty, Inc.

Lamacchia Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,958

Year Built

  • Built in 1850

Lot Details

  • 2,108 Sq Ft Lot
  • Beach Front
  • Stone Wall
  • Level Lot
  • Garden

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,912 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Insulated Windows
  • Insulated Doors
  • Living Room
  • Home Office
  • Loft
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Separate Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Interior Basement Entry

Parking

  • 3 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Paved Parking
  • 3 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Patio
  • Rain Gutters
  • Porch

Schools

  • Bates Elementary School
  • Salem Middle School
  • Salem High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Internet Available

Additional Features

  • Energy-Efficient Thermostat
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $6,000
  • Assessor Parcel Number M:36 L:0334,2137467

Community Details

Overview

  • 2 Units
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $72,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,958

Year Built

Built in 1850

Lot Details

2,108 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1850
  • Levels: 3
  • Year Built Details: Actual
  • Year Round: Yes
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood
  • Interior Amenities: Stone/Granite/Solid Counters, High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Walk-In Closet(s), Bathroom with Shower Stall, Open Floorplan, Smart Thermostat, Remodeled, Internet Available - Unknown, Living Room, Kitchen, Laundry Room, Loft, Office/Den
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 5
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup, Dryer Hookup, Electric Dryer Hookup
  • Basement: Walk-Out Access, Interior Entry, Unfinished
  • Above Grade Finished Sq Ft: 1912
  • Living Area: 1912
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: BB2945
  • MAIN SO: AN2314

Exterior Features

  • Exterior Features: Rain Gutters, Garden, Stone Wall
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Patio
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Access, Harbor, Ocean, Walk to, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 3
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem, Driveway, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Electric, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:36 L:0334,2137467
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.05
  • Lot Size Sq Ft: 2108
  • Lot Size Units: Acres

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 4958

Multi Family

  • Net Operating Income: 72000
  • Number Of Units Total: 2
  • Total Actual Rent: 6000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

MLS Schools

  • High School: Salem High
  • Elementary School: Bates
  • Middle Or Junior School: Salem Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2025
Closed on
Jan 30, 2026
Sold by
14 Lathrop Street Rt and Drief
Bought by
Canela Dariel
Seller's Agent
Ed Deveau
Century 21 Mario Real Estate
Buyer's Agent
Aria Mathur
Lamacchia Realty, Inc.
List Price
$779,900
Sold Price
$725,000
Premium/Discount to List
-$54,900
-7.04%
Views
110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.64%
Original Mortgage
$711,868
Outstanding Balance
$711,868
Interest Rate
6.21%
Mortgage Type
FHA
Estimated Equity
$3,352

Purchase Details

Closed on
Mar 12, 2025
Sold by
Drief Abdelmalik
Bought by
14 Lathrop Street Rt and Drief

Purchase Details

Listed on
Aug 21, 2023
Closed on
Nov 10, 2023
Sold by
Bahal Arvinder S
Bought by
Drief Abdelmalik
Seller's Agent
Sara Fishbane
Sara Fishbane Real Estate
Buyer's Agent
Non Member
Non Member Office
List Price
$450,000
Sold Price
$350,000
Premium/Discount to List
-$100,000
-22.22%
Views
178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.81%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed $350,000 None Available
Quit Claim Deed $350,000 None Available
Quit Claim Deed $350,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/02/2026 02/02/26 Sold $725,000 -0.7% $379 / Sq Ft
12/11/2025 12/11/25 Pending -- -- --
11/29/2025 11/29/25 Price Changed $729,900 -6.4% $382 / Sq Ft
11/18/2025 11/18/25 For Sale $779,900 +122.8% $408 / Sq Ft
11/16/2023 11/16/23 Sold $350,000 -22.2% $186 / Sq Ft View Prior Sale
08/24/2023 08/24/23 Pending -- -- --
08/21/2023 08/21/23 For Sale $450,000 -- $239 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $4,958 $437,200 $158,600 $278,600
2024 $4,584 $394,500 $150,300 $244,200
2023 $4,360 $348,500 $139,100 $209,400
2022 $4,623 $348,900 $130,800 $218,100
2021 $4,513 $327,000 $130,800 $196,200
2020 $4,440 $307,300 $113,000 $194,300
2019 $4,396 $291,100 $107,400 $183,700
2018 $4,074 $264,900 $102,400 $162,500
2017 $3,733 $235,400 $83,500 $151,900
2016 $3,618 $230,900 $79,000 $151,900
2015 $3,484 $212,300 $71,200 $141,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73455967

MLS Property Information Network (MLS PIN)

APN: SALE-000036-000000-000334

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