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Luxury Homes in Salem MA

View current listings for luxury homes in Salem below.

Luxury Homes for Sale in Salem Massachusetts

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68-72 Palmer Salem MA 01970

Salem, MA68-72 Palmer

Price$2,050,000

Est. Mortgage: $/month

Open House

MLS Number 73164474

  • MultiFamily
  • Next Open House: Thu 10/5 11:00 am. to 1:00 pm.
  • Bedrooms 22
  • Bathroom 10
  • Square Feet 11,768

Rare investment opportunity in Salem. This oversized ten (10) unit 4-story red brick building boasts an ideal unit-mix of four (4) one-bedroom, six (6) three-bedrooms with nine (9) surface parking spots and is a total of 14,872 ± SF. All units feature open floor plans with lots of natural light, Salem Harbor views, large rooms, and laundry facilities on site. Tenants are responsible for separately metered utilities such as heat, hot water, and electric. Located within walking distance to Derby Street and Downtown Salem, the Palmer Street location presents a great opportunity for tenants who work downtown and is only .8 miles from Salem Depot Commuter Rail Station for a 20-minute ride to Boston. 68-72 Palmer Street allows investors an opportunity to acquire a rare oversized 10-unit value-add brick building with 22 bedrooms within a supply-constrained urban dense area in one of the strongest transit-oriented North Shore communities.

Listed by Dan Pouladian and Sara Pouladian of North Shore Realty Advisors

$
$
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$/month over payments
Federal 30-year interest rate: 7.31% last updated on Sep 28, 2023
* 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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317 Lafayette Street Salem MA 01970

Salem, MA317 Lafayette Street

Price$1,400,000

Est. Mortgage: $/month

MLS Number 73097981

  • MultiFamily
  • Bedrooms 7
  • Bathroom 6
  • Square Feet 4,006
  • Parking Spaces 4

Welcome to this charming multi-unit home in the heart of Salem. Now is the time to build your investment portfolio! Featuring an abundance of sun-drenched rooms with numerous windows that provide ample natural light and create a cozy and inviting atmosphere. With hardwood floors throughout the charming units and plenty of storage space, this strikes the perfect balance between style and function. Main unit offers 3 spacious bedrooms and 2 full baths, providing plenty of room for you and your family. The other units each have 1 bedroom, 1 full bath, and a potential workspace. The 3rd-level features 2 cozy bedrooms and 2 full baths that add significant value. Don't forget the spacious front porch or the fenced-in backyard for outdoor relaxation, dining, and entertainment. Also offers 4 off-street parking spaces. This is perfect for those looking for a solid investment property or owner occupied home close to Salem State and Forest River Park.

Listed by Ryan Guilmartin of Keller Williams Realty Evolution

$
$
%
$/month over payments
Federal 30-year interest rate: 7.31% last updated on Sep 28, 2023
* 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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98 Margin Street Salem MA 01970

Salem, MA98 Margin Street

Price$1,200,000

Est. Mortgage: $/month

MLS Number 73113390

  • MultiFamily
  • Bedrooms 7
  • Bathroom 5
  • Square Feet 4,298
  • Parking Spaces 2

Welcome to 98 Margin Street, multi-unit property located in historic Salem. Upon entering the home, you'll be greeted by a grand foyer with high ceilings and beautiful tiled flooring that leads into the first unit’s main living areas. The spacious living room and plenty of natural light, making it the perfect spot to relax and unwind after a long day. The adjacent dining room is ideal for entertaining guests. The large eat-in kitchen has ample counter space and plenty of storage. Each 2 units on the 2nd floor have 1 bedroom, eat-in kitchen, 1 bath, each have bonus room for storage, balcony. The 3rd floor unit has 3 bedrooms, large eat-in kitchen, 1 bath, living room, washer and dryer and balcony. Located in the heart of Salem, this home is just minutes away from shopping, dining, and entertainment options, including the historic Salem waterfront. Don't miss your chance to own this beautiful property in one of the most sought-after communities!Property sold As Is Where Is.

Listed by Adele Faso of Compass

$
$
%
$/month over payments
Federal 30-year interest rate: 7.31% last updated on Sep 28, 2023
* 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. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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. MLSPIN 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.