$799,000

Estimated payment $4,980/month

4 Beds
2 Baths
2,247 Sq Ft
$356 Price per Sq Ft

Highlights

  • Marina
  • Property is near a beach
  • Wood Flooring
  • Medical Services
  • Property is near golf course, public transit, and schools
  • Corner Lot

About This Home

Constructed in 1915, this distinguished multi-family residence at 53 Cedar Street in Salem, MA, offers 2,247 square feet of refined living space. This property stands as a testament to enduring craftsmanship, presenting an exceptional opportunity for discerning buyers in a vibrant historical setting. The residence encompasses four well-proportioned bedrooms, providing ample private accommodations across its two stories. Complementing these are two full bathrooms, thoughtfully designed to cater to the needs of residents and guests alike. Situated on a generous 4,225 square foot lot, this property offers both expansive interior living and considerable outdoor potential. We invite you to discover the unique appeal and versatility of this Salem offering. Well maintained two family building with paved driveway and private back yard and patio. Two units each with 5 rooms, 2 bedrooms and 1 bath. Hardwood floors add value as well as overall maintenance of this property. Great central location and offers many possibilities for Salem State students as well as professionals. Unfinished third floor which is accessible from second floor unit offers bonus heated space although currently not in use. First floor has exclusive use to enclosed front porch and second floor has exclusive use to enclosed second floor porch.

Listing Agent

Lynne Breed

Listed on: 08/14/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,052

Year Built

  • Built in 1915

Lot Details

  • 4,225 Sq Ft Lot
  • Street terminates at a dead end
  • Fenced
  • Corner Lot
  • Level Lot
  • Irregular Lot
  • Garden

Home Design

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

Interior Spaces

  • 2,247 Sq Ft Home
  • Property has 1 Level
  • Window Screens
  • Living Room
  • Dining Room
  • Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Paved Parking
  • On-Street Parking
  • 2 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Property is near a beach
  • Bulkhead
  • Enclosed Patio or Porch
  • Rain Gutters

Location

  • Property is near golf course, public transit, and schools

Schools

  • Salem Elementary And Middle School
  • Salem High School

Utilities

  • 2 Heating Zones
  • Separate Meters

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water)
  • Tax Block 0081
  • Assessor Parcel Number 3400810,2135492

Community Details

Overview

  • 2 Units
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

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

Building Details

  • Net Operating Income $42,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,052

Year Built

Built in 1915

Lot Details

4,225 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1915
  • Levels: 2
  • Year Built Details: Approximate,Renovated Since
  • Year Round: Yes
  • APOD AVAILABLE: No
  • MLSPIN_BEACHFRONT_FLAG: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Living Room, Dining Room, Kitchen
  • Door Features: Storm Door(s)
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 4
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Walk-Out Access, Interior Entry, Bulkhead, Unfinished
  • Above Grade Finished Sq Ft: 2247
  • Living Area: 2247
  • Spa YN: No
  • Stories Total: 2
  • Window Features: Storm Window(s), Screens
  • MAIN LO: BB5918

Exterior Features

  • Exterior Features: Rain Gutters, Garden
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone, Brick/Mortar, Irregular
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed, Patio
  • Road Frontage Type: Public, Dead End
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Bay, Harbor, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 2
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, On Street, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers, Individually Metered
  • Water Source: Public
  • SEWAGE DISTRICT: Town
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0
  • Hot Water: Natural Gas, Tank

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, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 3400810,2135492
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 4225
  • Lot Size Units: Acres

Green Features

  • Green Energy Efficient: Varies per Unit

Tax Info

  • Tax Year: 2026
  • Tax Annual Amount: 7052.27
  • Tax Block: 0081
  • Tax Lot: 0

Multi Family

  • Net Operating Income: 42600
  • Number Of Units Total: 2
  • Total Actual Rent: 3550
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: Y

MLS Schools

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

Map

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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 $6,611 $583,000 $167,700 $415,300
2024 $6,315 $543,500 $158,900 $384,600
2023 $6,104 $487,900 $147,100 $340,800
2022 $6,231 $470,300 $138,300 $332,000
2021 $6,033 $437,200 $138,300 $298,900
2020 $5,761 $398,700 $119,500 $279,200
2019 $5,703 $377,700 $113,600 $264,100
2018 $5,268 $342,500 $108,300 $234,200
2017 $4,875 $307,400 $88,300 $219,100
2016 $4,743 $302,700 $83,600 $219,100
2015 $4,578 $279,000 $75,300 $203,700
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
08/14/2026 08/14/26 For Sale $799,000 -- $356 / Sq Ft
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
Deed $208,500 --
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73563991

MLS Property Information Network (MLS PIN)

APN: SALE-000034-000000-000081

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