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Gallows Hill Multifamily Home for Sale

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    $899,000

    • 3 Beds
    • 3 Baths
    • 2,717 Sq Ft

    124 Boston St, Salem, MA 01970

    Mixed-Use Gem in Prime Salem Location! Welcome to 124 Boston Street, a beautifully renovated mixed-use property located in vibrant Salem. This versatile building offers strong investment potential and the perfect blend of residential and commercial space, ideal for owner-occupants or investors alike.The property features two updated residential units: a spacious 1-bedroom, 1-bathroom apartment

    Kevin Farrar Atlantic Coast Homes,Inc

    124 Boston St, Salem, MA 01970

Why Live in Gallows Hill

Gallows Hill in Salem offers a suburban atmosphere with a mix of Colonial Revival and Cape Cod-inspired homes, many of which were built between the 1850s and 1950s. The neighborhood features a range of housing options, including two-family houses and townhomes, creating a dynamic living environment. Gallows Hill Park, the largest green space in the area, includes a playset, two baseball diamonds, a basketball court, and the Ryan Brennan Memorial Skate Park. Nearby, Splaine Park offers additional recreational facilities, including a baseball diamond, basketball court, and a unique playset integrated into the hilly terrain. Dining and shopping are conveniently close, with local favorites like Black Cat Diner and Far From the Tree cidery, as well as a Stop & Shop and Hawthorne Square shopping center less than 2 miles away. Gallows Hill is also near downtown Salem, making it easy for residents to participate in annual events such as the Halloween Happenings Grand Parade and the city's Christmas tree lighting. Highland Avenue provides access to other coastal Massachusetts cities, while the Salem commuter rail station, just a mile away, offers public transportation options. For longer trips, Boston Logan International Airport is 18 miles away. The neighborhood is safer than the national average, contributing to its appeal for families and commuters alike.

Home Trends in Gallows Hill, MA

Housing Trends

Median Sale Price
$385,000
Median Single Family Sale Price
$385,000
Median 2 Bedroom Sale Price
$199,900
Median 1 Bedroom Sale Price
$595,000
Average Price Per Sq Ft
$303
Number of Homes for Sale
6
Last 12 months Home Sales
26
Months of Supply
2.80
Median List Price
$389,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-12%
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