$969,000
PENDING

Estimated payment $6,038/month

Total Views 3,642
8 Beds
3 Baths
3,419 Sq Ft
$283 Price per Sq Ft

Highlights

  • Marina
  • Medical Services
  • Sun or Florida Room
  • Golf Course Community
  • Property is near public transit and schools
  • Covered Patio or Porch

About This Home

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.

Listing Agent

Joyce Sullivan

Serhant Listed on: 04/22/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,702

Year Built

  • Built in 1915

Lot Details

  • 5,249 Sq Ft Lot
  • Level Lot

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,419 Sq Ft Home
  • Property has 1 Level
  • Family Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Basement Fills Entire Space Under The House
  • Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

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

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Location

  • Property is near public transit and schools

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 086
  • Assessor Parcel Number M:26 L:0086,2132207

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail

Additional Features

  • 3 Units
  • Net Operating Income $13,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,702

Year Built

Built in 1915

Lot Details

5,249 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1915
  • Levels: 3
  • Year Built Details: Approximate
  • APOD AVAILABLE: No
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Vinyl, Carpet
  • Interior Amenities: Living Room, Dining Room, Kitchen, Family Room, Sunroom
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 8
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Above Grade Finished Sq Ft: 3419
  • Living Area: 3419
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN9455

Exterior Features

  • Exterior Features: Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Covered
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Central, Forced Air, Natural Gas
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Public School, T-Station, University, Sidewalks
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:26 L:0086,2132207
  • Zoning: I
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5249
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2026
  • Tax Annual Amount: 9702
  • Tax Lot: 086

Multi Family

  • Net Operating Income: 13200
  • Number Of Units Total: 3
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,911 $785,800 $178,100 $607,700
2024 $8,293 $713,700 $178,100 $535,600
2023 $8,003 $639,700 $163,000 $476,700
2022 $7,987 $602,800 $157,000 $445,800
2021 $7,659 $555,000 $147,900 $407,100
2020 $7,160 $495,500 $132,800 $362,700
2019 $7,008 $464,100 $120,700 $343,400
2018 $6,415 $417,100 $112,300 $304,800
2017 $6,204 $391,200 $105,700 $285,500
2016 $5,817 $371,200 $85,700 $285,500
2015 $5,785 $352,500 $85,700 $266,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/03/2026 06/03/26 Pending -- -- --
04/22/2026 04/22/26 For Sale $969,000 0.0% $283 / Sq Ft
09/01/2024 09/01/24 For Rent $2,200 -- --
Source: MLS Property Information Network (MLS PIN)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed $80,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $79,000 No Value Available
Previous Owner $110,000 No Value Available
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73506068

MLS Property Information Network (MLS PIN)

APN: SALE-000026-000000-000086

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