Salem Real Estate

MLS Number 72840948

• Multi-Family 5-9 Family
• Year Built 1900
• Bathroom 9
• Full Bath 9
• Bedrooms 10

Rare, 9 unit investment property for sale at a very attractive 7.1% Cap Rate. Located in the historic Derby Street area, minutes from Salem Common, Hawthorne Hotel, numerous shops and restaurants, Peabody Essex Museum, Salem Harbor, Salem Train Station and nearby beaches at Salem Willows Park, Collins Cove, Winter Island and Dead Horse Beach. The 9 units (8 one-bed and one lead compliant two-bed unit) are distributed across a 2 family and a 7 unit building. All leases are TAWs and many tenants have been there for several years. Pro-forma analysis and rent roll are available to qualified buyers. All offers must include pre-approval from lender and proof of funds. First showings to qualified buyers will be by appointment between 1 pm - 3 pm on Saturday June 5 and Sunday June 6. Face masks required.

Listed by Kathleen Sullivan and Terrence Sullivan of RE/MAX 360

MLS Number 72749539

• Multi-Family 5-9 Family
• Total Parking Spaces 10
• Year Built 1850
• Bathroom 10
• Full Bath 10

Unique investment opportunity in a developing part of Salem. Property was converted to condos in 2008 and only one was sold. Seller is offering the 7 remaining condos. Most of the units have been updated with granite countertops, stainless steel appliances, decorative fireplaces and hardwood floors. Some units have laundry hookups. All units have separate electric and gas range. Owner pays for heat and hot water. Property also comes with 10 off street parking spaces with an option to add more. All TAW. Due to COVID-19 we will only be showing the vacant units by appointment with masks required. All other units will be shown within 48 hours of an accepted offer. Please see attached PDF for detailed income and expenses.

Listed by Francesca Little of Little & Co., REALTORS®

MLS Number 72833557

• Single Family Detached
• Bathroom 4
• Rooms 9
• Bedrooms 5
• Acreage 0.39

Rare opportunity to live on the ocean. This custom built colonial features sweeping ocean views and an open floor plan. The living, dining, family and breakfast rooms are drenched in natural light. Step out onto the screened porch, deck, above ground pool and private dock on the water's edge . Upstairs, the master suite and private bath 3 additional bedrooms and stunning veranda with dazzling water views, 3rd floor has 2 additional bedrooms, plus 2 car garage. Sip cocktails from your veranda, host a seaside BBQ on the patio, launch your kayak from the beach and treat yourself to the ocean breezes and vacation year round. Envision yourself living the exclusive lifestyle you have always dreamed of on the waterfront.

Listed by Merry Fox Team and Betsy Merry of Merry Fox Realty

MLS Number 72860168

• Single Family Detached
• Bathroom 5
• Rooms 10
• Bedrooms 5
• Acreage 0.22

Gracious & manageable Georgian Revival on nearly 1/4 acre in the McIntire Historic District. Pass thru the classical entry & you sense the generosity & the solidness of this brick 1920's home. Sensitive additions have twice earned historic design awards. The flexible main level offers large corner LR connecting directly to entertainment-sized kitchen w/the sunniest bay windowed dining area...easily accommodating a crowd for gatherings. A paneled library & family room round-out this well laid-out living level. Upstairs a magazine-worthy bath & dressing room create a luxurious MBR suite. Sunroom could easily be an office or yoga/exercise space. 3 more bedrooms, 2 full baths. On the 3rd floor a fabulous great room & full bath. The backyard is ideally organized w/a stone entertaining patio, a landscaped yard, a fenced, newly surfaced pool, and 2 car garage. A rare combination in Salem: A large & manageable house on a sizeable lot w/a pool & garage...all minutes from downtown Salem!

Listed by Michael Selbst of Gibson Sotheby's International Realty

MLS Number 72822861

• Single Family Detached
• Bathroom 6
• Rooms 12
• Bedrooms 5
• Acreage 0.12

The Amelia Payson house is one of the finest Greek Revival homes in Salem. Currently used as a very successful Bed & Breakfast, this polished home boasts high ceilings, spacious bedrooms, beautifully appointed architectural features & 8 Fireplaces (all converted to or are electric). It is located just off the common and in close proximity to the waterfront, beach, train station, and everything that the downtown offers - restaurants, pubs, museums, live music, etc. The large, gorgeously landscaped grounds run from Winter Street to its frontage on Oliver Street, with cobblestone parking for 3 vehicles along with an oversize one-car garage. Many recent updates including kitchen, windows, lighting, bathroom vanities, deck, landscaping, and much more. This is a turn-key business, or use it as a single-family. Possibility of converting this home to a multi-family (check with city). Sold with all furnishings except items on the exclusion list.

Listed by The Green Team, James Armstrong, Jeanne Lovely and Matthew Sears of Armstrong Field Real Estate

MLS Number 72812237

• Condo or Co-op
• Bedrooms 3
• Bathroom 2
• Square Feet 1,648

Located in the heart of historic and cosmopolitan Salem, BRIX is the first of its kind bringing luxury urban condominium living to the North Shore. One, two and three-bedroom layouts are appointed with high-end designer finishes and enhanced with building amenities including parking, fitness center, clubroom and an outdoor terrace. Enjoy an urban, walkable lifestyle with a short, pleasant commute into downtown Boston. Schedule a presentation to see what the future holds.

Listed by Merry Fox Team, Daniel Fox and Betsy Merry of Merry Fox Realty

MLS Number 72858041

• Multi-Family 4 Family
• Total Parking Spaces 5
• Year Built 1900
• Bathroom 5
• Full Bath 5

Rare opportunity for 4 plus unit apartment near Salem State College and Forest River Park. Separate heat and electric, and five off street parking spaces.Showings by appointment only. Pre approved buyers or proof of cash funds required.

Listed by Ted Richard of J. Barrett & Company

MLS Number 72859044

• Multi-Family 3 Family
• Total Parking Spaces 2
• Year Built 1880
• Bathroom 3
• Full Bath 3

Prime location for your new investment or development project. Large 3 family consisting of two large 6 room 2 bedroom units and one 2 bedroom plus loft. Commercial space is currently being used by the owner but would be delivered vacant and has potential for development. Close proximity to the train makes this perfect for tenants. Separate utilities. 3 family has recently been upgraded with all new windows. Please see the paperclip attachment for detailed income and expenses. Please call or text listing agent to schedule a showing.

Listed by Francesca Little of Little & Co., REALTORS®

MLS Number 72762001

• Condo or Co-op
• Bedrooms 3
• Bathroom 2
• Square Feet 1,528

Located in the heart of historic and cosmopolitan Salem, BRIX is the first of its kind bringing luxury urban condominium living to the North Shore. One, two and three-bedroom layouts are appointed with high-end designer finishes and enhanced with building amenities including parking, fitness center, clubroom and an outdoor terrace. Enjoy an urban, walkable lifestyle with a short, pleasant commute into downtown Boston. Schedule a presentation to see what the future holds.

Listed by Merry Fox Team, Daniel Fox and Betsy Merry of Merry Fox Realty