3

Investment - Homes for Sale in Salem, MA

Section Image
  • /42

    $2,399,900

    • 19 Beds
    • 6 Baths
    • 7,044 Sq Ft

    17 Palmer St, Salem, MA 01970

    CASH COW! Strong cash-flowing 6-unit multifamily investment opportunity in desirable Salem, MA. The property generates approximately $248,724 in gross annual income and a high NOI, offering an attractive cap rate of approximately 8.5%. Based on typical financing assumptions, projected Year-1 cash flow is approximately $64,000 with a healthy DSCR of about 1.46. The building includes six

    Elsa Liu Realty ONE Group Cosmopolitan

    17 Palmer St, Salem, MA 01970
  • /7

    $695,000

    • 4 Beds
    • 2 Baths

    81 Loring Ave, Salem, MA 01970

    2 Rear porches for quiet enjoyment,10 Room 4 Bedroom 2 Bath in desirable City of Salem, located close to Salem University, shopping nearby, close to bus stop, walk to Forest River Park. Great for first-time home buyers or investment property. New oil furnace on 2nd floor. Property being sold as is.

    Euclides Gonzalez Cameron Real Estate Group

    81 Loring Ave, Salem, MA 01970
  • /27

    $2,650,000

    • 16 Beds
    • 8 Baths
    • 6,656 Sq Ft

    1-7 Prince St & 48-54 Harbor St, Salem, MA 01970

    Turnkey 8-unit investment opportunity in Salem. The Property consists of two four-family buildings deeded together, totaling eight (8) 2-bedroom units, along with 10 off-street parking spaces. Heat and hot water are included in rent. The property has been extensively updated, featuring renovated kitchens and baths with granite countertops and stainless steel appliances, updated electrical, a new

    Francesca Little Little & Co., REALTORS®

    1-7 Prince St & 48-54 Harbor St, Salem, MA 01970

Home Trends in Salem, MA

Housing Trends

Median Sale Price
$575,580
Median Single Family Sale Price
$690,000
Median Townhouse Sale Price
$681,250
Median 2 Bedroom Sale Price
$503,500
Median 1 Bedroom Sale Price
$382,500
Average Price Per Sq Ft
$429
Number of Homes for Sale
31
Last 12 months Home Sales
409
Months of Supply
0.90
Median List Price
$588,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-1%
How to Buy a Home How to Finance a Home How to Sell a Home