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Salem Real Estate

Historic Homes in Salem MAWith a train station to Boston, Salem State University, and home to world class museums Salem, MA real estate has become one of the most desirable places to move in the state. Real estate in Salem, MA is perfect for a buyer looking outside of the Boston area that still wants nice restaurants and activities, but not deal with the daily grind of the big city. Salem is also on the water for those looking for a waterfront property. Salem is an inclusive community that can fit anyone's needs at a price much more affordable than downtown Boston.

Salem MA Real Estate for Sale

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Single Family Homes | Condos | Multi Family Homes | Land

358 Highland Avenue Salem MA 01970

Salem, MA358 Highland Avenue

Price$2,000,000

Est. Mortgage: $/month

MLS Number 72730393

  • Land Commercial
  • MLS Status Active
  • Acreage 3.31

is pleased to present the opportunity to acquire 358 Highland Avenue, located in the dynamic North Shore submarket, Salem, MA. The offering consists of three parcels making up a 3.3 acre or +/-144,348 SF offering along one of Salem's most burgeoning corridors. Salem, one of the premiere cities in the North Shore, benefits from a number of museums and attractions dedicated to the city's rich history that draws hundreds of thousands of tourists annually. In the center of the city is Salem MBTA Station serviced by the Newbury/Rockport Line which takes passengers to Boston in 30 minutes. Located just a short drive away from the city center, the property also benefits from close proximity to I-95 and Rte. 1, making it ideal for commuters.

Listed by Ryan McDonald of Boston Realty Advisors

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$
%
$/month over payments
Federal 30-year interest rate: 2.9% last updated on Sep 24, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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2 Oliver Street Salem MA 01970

Salem, MA2 Oliver Street

Price$1,750,000

Est. Mortgage: $/month

MLS Number 72576487

  • Multi-Family 2 Family
  • Total Parking Spaces 3
  • MLS Status Active
  • Bathroom 5
  • Year Built 1810

An elegant, urbane, and sophisticated lifestyle awaits you in this magnificent, brick Federal gem overlooking Salem Common. The White Silsbee House has grand and elegantly appointed rooms coupled with a complete, luxurious, and intelligently designed 21st century renovation. The home features a spectacular white kitchen with classic soapstone countertops, and superbly finished spa baths, and commercial grade systems. Marvel at the dining room with hand painted Zuber wall covering. There are handsome oak hardwood floors in the rooms, also graced with 10 stunning fireplaces, and an exquisite wine grotto, plus a huge billiards/party room. The courtyard, complete with stunning garden, fountain, and a grand mahogany deck is perfect for al fresco dining . Two Oliver Street is the hub of everything Salem has to offer including Peabody Essex Museum, train, and fabulous dining opportunities. Superbly renovated carriage house with garage and lovely 1 bedroom apartment complete this masterpiece!

Listed by Ted Richard of J. Barrett & Company

$
$
%
$/month over payments
Federal 30-year interest rate: 2.9% last updated on Sep 24, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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2 Oliver Street Salem MA 01970

Salem, MA2 Oliver Street

Price$1,750,000

Est. Mortgage: $/month

MLS Number 72550335

  • Single Family Attached
  • Bathroom 4
  • Rooms 12
  • Bedrooms 5
  • Square Feet 7,416

An elegant, urbane, and sophisticated lifestyle awaits you in this magnificent, brick Federal gem overlooking Salem Common. The White Silsbee House has grand and elegantly appointed rooms coupled with a complete, luxurious, and intelligently designed 21st century renovation. The home features a spectacular white kitchen with classic soapstone countertops, and superbly finished spa baths, and commercial grade systems. Marvel at the dining room with hand painted Zuber wall covering. There are handsome oak hardwood floors in the rooms, also graced with 10 stunning fireplaces, and an exquisite wine grotto, plus a huge billiards/party room. The courtyard, complete with stunning garden, fountain, and a grand mahogany deck is perfect for al fresco dining . Two Oliver Street is the hub of everything Salem has to offer including Peabody Essex Museum, train, and fabulous dining opportunities. Superbly renovated carriage house with garage and lovely 1 bedroom apartment complete this masterpiece!

Listed by Ted Richard of J. Barrett & Company

$
$
%
$/month over payments
Federal 30-year interest rate: 2.9% last updated on Sep 24, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

42-44 Park Street Salem MA 01970

Salem, MA42-44 Park Street

Price$1,750,000

Est. Mortgage: $/month

Active With Contract

MLS Number 72729886

  • Multi-Family 5-9 Family
  • Total Parking Spaces 14
  • MLS Status Contingent
  • Bathroom 9
  • Year Built 1913

Rare investment opportunity to obtain an over-sized nine (9) unit brick multi-family between Salem State University and downtown Salem. The property has undergone renovation and updating over the past year. The property consist of Three (3) 4bedroom apts, Four (4) 2bedroom apts, and two (2) 1bedroom apts as well as a newly paved parking lot for the residence and 8 bay garages for additional income. Each unit has lead certificates and the tenants have their own metered utilities. The subject property is ideally located just off Lafayette Street and less than 1-mile from Salem Depot Commuter Rail Station. This opportunity is available at a rare 7.9% capitalization rate and would make for the perfect 1031 exchange or simply a buy/hold strong cash flowing asset.

Listed by Dan Pouladian and Brian DApice of The Mega Group

$
$
%
$/month over payments
Federal 30-year interest rate: 2.9% last updated on Sep 24, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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3 Hardy Street Salem MA 01970

Salem, MA3 Hardy Street

Price$1,125,000

Est. Mortgage: $/month

MLS Number 72713882

  • Multi-Family 2 Family
  • MLS Status Active
  • Bathroom 2
  • Year Built 1850
  • Full Bath 2

PACKAGE DEAL! Well maintained Two Family and Existing Auto Repair Business set on a corner lot in the Derby Street neighborhood. 3 Hardy Street features 2 spacious, updated units with an unfinished 3rd floor. Each unit has 5 rooms, 2 bedrooms, full bath, and in unit laundry. Outside there is a fenced in yard. Being sold with 43 Essex Street, a long standing, existing auto repair business with a proven reputation! Current licenses include but are not limited to: Auto Repair, Used Car, Welding, Motor Fuel, Storage for Flammables, DPU Special Permit for towing. There are 2 Auto Repair bays on the first floor. Upstairs there are 2 offices, bathroom, and an unfinished 3rd floor for future expansion. UNBEATABLE LOCATION - within walking distance to Salem's downtown, shops, restaurants, museums, commuter rail, ferry, and historic waterfront.

Listed by Julie Darcangelo of Coldwell Banker Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 2.9% last updated on Sep 24, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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8 Hancock Street Salem MA 01970

Salem, MA8 Hancock Street

Price$999,000

Est. Mortgage: $/month

Active With Contract

MLS Number 72713651

  • Multi-Family 4 Family
  • Total Parking Spaces 4
  • MLS Status Contingent
  • Bathroom 4
  • Year Built 1914

Come check out this rare, four-family opportunity in beautiful Salem. Located close to Salem State and Salem Harbor, this property is a great investment opportunity. Many updates throughout building, along with tons of off street parking in newly paved driveway. Don't let this opportunity pass you by!

Listed by Vision Realty Group and Shawn Fahey of LAER Realty Partners

$
$
%
$/month over payments
Federal 30-year interest rate: 2.9% last updated on Sep 24, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

327 Jefferson Avenue Salem MA 01970

MLS Number 72708362

  • Multi-Family 5-9 Family
  • Total Parking Spaces 5
  • MLS Status Active
  • Bathroom 5
  • Year Built 1930

Turnkey 5 unit building with off street parking for each unit. Fully occupied, the annual income is 83,400. Property has low maintenance siding, separate entrances for most units which tenants desire and a landscaped rear yard. Location is a 2 minute walk to Salem State University.. Showings limited and by appointment. Covid-19 protocol adhered to. Income, expenses and tenant information provided on the attachment.

Listed by John Schwagerl & Scott Twadelle, John C. Schwagerl and Scott Twadelle of RCG Properties

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$
%
$/month over payments
Federal 30-year interest rate: 2.9% last updated on Sep 24, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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16-18 Phelps Street Salem MA 01970

Salem, MA16-18 Phelps Street

Price$955,000

Est. Mortgage: $/month

Under Agreement

MLS Number 72698176

  • Multi-Family 4 Family
  • Total Parking Spaces 8
  • MLS Status Under Agreement
  • Bathroom 4
  • Year Built 1920

ALL OPEN HOUSES CANCELED!!! Calling all investors and savvy buyers!! This is a great opportunity to purchase a well-maintained 4-family on the edge of the McIntire Historic District. Numerous updates over the years include a new rubber roof in 2017, 2013 converted to gas -all new furnaces, all utilities are separate. Basements are separate, with washer/dryer hookups on both sides, and plenty of storage. All units are occupied and tenant at will, no leases currently. Large fenced yard, plenty of parking, quiet dead-end street is just a ½ mile to downtown Salem, shopping, restaurants, the train and waterfront are just a mile away!

Listed by Pizzo Johanson Team and Nell Johanson of Lux Realty North Shore

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$
%
$/month over payments
Federal 30-year interest rate: 2.9% last updated on Sep 24, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

1 Ropes Street Salem MA 01970

Salem, MA1 Ropes Street

Price$924,900

Est. Mortgage: $/month

MLS Number 72702130

  • Multi-Family 4 Family - 4 Units Side by Side
  • MLS Status Active
  • Bathroom 4
  • Year Built 1915
  • Full Bath 4

This rare four family is a great investment property or your next/1031 exchange! It has a fabulous location. It's centrally located to Pickering Wharf, waterfront, museums, shops , stores, restaurants, commuter rail and Salem State University. They are all minutes away. This multi family property boast 20 rooms, 8 bedrooms, and 4 full baths in these spacious 5 room units, with 4118 square feet of total living area. The units all have individual gas and electric meters per unit. The apartments have hardwood floors and pantries in each unit, and individual storage units in the basement. They are all separate furnaces and hot water tanks, and have been replaced in the last couple of years as well. There is a washer dryer hook up in the basement also. The units are fully occupied and they are tenants at will. These rents are currently below market value. So set up your appointment today, 24 to 48 hours needed to schedule showings with tenants.

Listed by Anthony Verdone of Century 21 North East

$
$
%
$/month over payments
Federal 30-year interest rate: 2.9% last updated on Sep 24, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

99 North Street Salem MA 01970

Salem, MA99 North Street

Price$919,990

Est. Mortgage: $/month

Under Agreement

MLS Number 72665297

  • Multi-Family 4 Family
  • Total Parking Spaces 7
  • MLS Status Under Agreement
  • Bathroom 4
  • Year Built 1890

2 Highly visible corner store fronts on first floor of high traffic route 114, a mobile phone store and a eatery takeout restaurant. Triple net leases. Two 4 bedroom apartments on second and third floor. All separated utilities. Off street parking spaces at the back. Great income property ! Fully rented !

Listed by Richard Shu Ho of Berkshire Hathaway HomeServices Commonwealth Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 2.9% last updated on Sep 24, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

10 Becket Street Salem MA 01970

Salem, MA10 Becket Street

Price$899,900

Est. Mortgage: $/month

Under Agreement

MLS Number 72679763

  • Multi-Family 4 Family
  • MLS Status Under Agreement
  • Bathroom 5
  • Year Built 1800
  • Full Bath 5

Location & Investment! This 4-unit residential building sits on a quiet street, 3 blocks from Salem Commons & minutes to Collins Cove Beach, Park, Train Station, Salem Ferry, Salem Willows, downtown shops, restaurants & all Salem has to offer! Unit 1; Tenant at Will - A first floor unit & in the process of being deleaded, features kitchen, living room, 2 bedrooms & 1 full bath. Unit #2; Lease - A first floor unit, offering; kitchen, living room, 2 bedrooms & 1full bath. Unit 3; Lease - A second floor Unit, deleaded, features kitchen, living room, family room, 5 bedrooms & 2 full baths. Unit 4, A second floor unit, features; kitchen, living room, 2 bedrooms & 1 full bath. Other features include: Hardwood floors in all units, units 2, 3, & 4 have private exterior decks, shared coin operated laundry in basement, separate electric & hot water, all rents include heat. Exterior wood trim has been repaired & repainted & new exterior doors.

Listed by The Lopes Group and Melissa Dias-Lopes of J. Barrett & Company

$
$
%
$/month over payments
Federal 30-year interest rate: 2.9% last updated on Sep 24, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

25 Perkins Street Salem MA 01970

Salem, MA25 Perkins Street

Price$799,900

Est. Mortgage: $/month

Under Agreement

MLS Number 72700263

  • Multi-Family 3 Family - 3 Units Up/Down
  • Total Parking Spaces 3
  • MLS Status Under Agreement
  • Bathroom 3
  • Year Built 1900

Attention investors or owner occupants don't miss this opportunity to own all three condos in this great DELEADED brick building!! Comfortable living in the heart of Salem two blocks away from Palmers Cove Yacht Club, minutes from the commuter rail, restaurants, museum, Salem State University, and all that downtown Salem has to offer. Each unit offers 3 large bedrooms with ample closet space, living room, eat in kitchen and a separate dining room with lots of original wood details. Ceiling fans throughout, hardwood floors, laundry hookups, and back and front porches. Off street parking, and lots of storage in a private separate basement area. Also a common patio area to sit and relax or entertain. Rents are below market, owner lives in unit 1. Roof was done in 2015. Don't wait make your appointment today! Agent and buyers only. All must wear masks.

Listed by Mari Alix of Tache Real Estate, Inc.

$
$
%
$/month over payments
Federal 30-year interest rate: 2.9% last updated on Sep 24, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.