This 2-unit multi-family home offers a fantastic opportunity for a complete renovation or a condo conversion project. Ideal for investors, contractors or developers, this property has the potential to generate income as a rental or be transformed into two individual condo units, in a highly desirable Salem location. Just minutes from Salem’s vibrant shops, restaurants, art galleries, museums, beaches, hiking trails, campgrounds, as well as convenient commuter options via the rail and ferry. Don’t miss this chance to reimagine and revitalize a piece of Salem’s history. Whether you’re looking to create an income-generating property or sell custom condos, this is a rare opportunity to make your mark in one of New England’s most sought-after cities!
MLS# | 73324257 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Pending |
Year | 1915 |
Days On Site | 31 |
Listing Provided By | Coldwell Banker Realty - Boston | Lento + Rivkind Real Estate Team |
Bed(s) | 6 |
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Bath(s) | 3 Total |
SQ Feet | 2,594 |
Basement | Y |
Story(s) | 3 |
Units | 2 |
Zoning | R2 |
Acreage | 0.10 |
State | MA |
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County | Essex |
City | Salem |
Zip Code | 01970 |
Area | South Salem |
Listing VS Median (in 01970) | |
Price: $699,000 low | high Med: $5,300 SqFt: 2,594 low | high Med: 2,400 $ / SqFt: $269 low | high Med: $2 On Site: 31 low | high Med: 29.000000 |