$3,499,999

35 Northey St Salem, MA 01970

Bridge Street Neighborhood

Estimated payment $21,073/month

Total Views 1,312
16 Beds
8 Baths
10,164 Sq Ft
$344 Price per Sq Ft

Highlights

  • Bay View
  • Property is near public transit
  • 1 Fireplace
  • 0.25 Acre Lot
  • Wood Flooring
  • 1-minute walk to Gonyea Park

About This Home

This 8 unit building offers everything a investor could want. Located at the end of a quiet street but less than a third of a mile to the Salem commons and all down town has to offer. This corner lot also abuts a city park with playground and plenty of green space. 6 of 8 units have been recently renovated with granite countertops, stainless steel appliances and fresh paint. The parking lot is newly blacktopped and new parking lines have been painted. The front steps and stoops have been repointed and newly painted. 12 off street assigned parking spots in back of building. Coin Op laundry in basement. Extra storage in basement. Heat and electric utilities are separated. Lead certificates are available for all units in building.

Listing Agent

Matthew Sears

Aluxety Listed on: 08/05/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,922

Year Built

  • Built in 1890

Lot Details

  • 0.25 Acre Lot
  • Corner Lot

Property Views

  • Bay
  • River

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 10,164 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Freezer
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Full Bathrooms

Parking

  • 12 Car Parking Spaces
  • Off-Street Parking
  • Assigned Parking

Additional Features

  • Porch
  • Property is near public transit
  • Central Heating

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number 2137132

Community Details

Overview

  • 8 Units
  • Property has 1 Level

Recreation

  • Park

Additional Features

  • Shops
  • Net Operating Income $99,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,922

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1890
  • Levels: 7
  • Year Built Details: Actual,Renovated Since
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 7

Interior Features

  • Flooring: Wood, Hardwood
  • Interior Amenities: Lead Certification Available, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Living Room, Dining Room, Kitchen
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Freezer
  • Total Bedrooms: 16
  • Full Bathrooms: 8
  • Total Bathrooms: 8
  • Total Bathrooms: 8
  • Basement: Full
  • Above Grade Finished Sq Ft: 10164
  • Living Area: 10164
  • Spa YN: No
  • Stories Total: 7
  • MAIN LO: AN8387
  • LIST PRICE PER Sq Ft: 344.35
  • PRICE PER Sq Ft: 344.35

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Waterfront Features: 1 to 2 Mile To Beach
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Assigned
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer
  • Heating: Central
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, House of Worship
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2137132
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Sq Ft: 10799
  • Lot Size Units: Acres
  • PAGE: 235

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 22922
  • Tax Book Number: 14419

Multi Family

  • Gross Income: 99600
  • Net Operating Income: 99600
  • Number Of Units Total: 8
  • Total Actual Rent: 11800
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 2
  • LEVELS 2: 2
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 2: 2
  • Waterview: Bay, River

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 For Sale $3,499,999 -- $344 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73414098

MLS Property Information Network (MLS PIN)

Massachusetts Essex County Salem 01970 Bridge Street

35 Northey St, Salem, MA

This home is located at 35 Northey St, Salem, MA 01970 and is currently priced at $3,499,999, approximately $344 per square foot. This property was built in 1890. 35 Northey St is a home located in Essex County with nearby schools including Carlton Elementary School, Saltonstall School, and Bates Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Nearby Homes
Listing Agent
Matthew Sears
Section Image
Aluxety
(978) 231-9811