Luxury Homes in Salem MA

MLS Number 73013021

• CommercialSale
• Square Feet 53,200
• Acreage 2.24
• Zoning NRCC

Spectacular multi unit development opportunity on the North River and across from Metro Salem train station. Water views from all units!! The Residences at 16, 18, 20R Franklin St offer a 37 Unit approved development on 2 plus acres minutes from downtown Salem. 33 Market rate condos and 4 low income restricted condos. Plans will reflect 4 buildings: Building A and B are comprised of 12 flats each units, Building C is comprised of 9 units and Building D is 4 townhouses. Plans included elevator, workout gym/fitness center and function room. Each unit will be provided a deeded garage parking spot and additional uncovered spots available within lot. Seller has applied for up to $2 million HDIP credit with 75% being conveyed to buyer.

Listed by Christopher Cowhig of Lokos Realty & Management

MLS Number 73044002

• MultiFamily
• Bedrooms 10
• Bathroom 6
• Square Feet 6,744
• Parking Spaces 28

Six family home with close to 7,000 sq. ft. of living space, on the biggest lot in downtown Salem, next to the Salem Inn. This property is zoned mixed use, so could have commercial and residential space. Great potential for further development. The house needs intensive renovations or is a tear down. 10 garages and a large workshop above which could be converted into more units. Seller will not be responsible to permit property for rebuilding/remodeling, and has no interest in waiting for the permitting process.

Listed by Heather Klosowski of Heather Klosowski Real Estate

MLS Number 72964716

• Land
• Acreage 0.74
• Zoning B2

Approximately 3/4 Acre of B2 Commercially Zoned Land directly on Highland Avenue, RTE 107 Salem, MA. (Four lots of land being sold as one and totaling 32,234 SqFt). The land offers approximately 200 feet of frontage on Highland Ave (Rte. 107) and approximately 90 feet of frontage on Wyman Ave (on the backside). The B2 District is zoned for 30 feet of height. The B2 Zoning allows for uses such as a Bank, Professional Office Space, Medical Office, Dental Office, Research Facility, Laboratory, Warehouse, Distribution Facility, Hotel and other uses as listed in the Salem Zoning Ordinance. Buyer to do own due diligence.

Listed by Robert Walsh and Kevin McCafferty of RyVal Homes

MLS Number 73023815

• MultiFamily
• Bedrooms 11
• Bathroom 3
• Square Feet 3,546
• Parking Spaces 1

Turnkey investment property ideally located Close to Salem State. Great rental history with an owner who meticulously maintained the property. Located near public downtown, shops, restaurants, and supermarkets will ensure this property is appealing to renters for many years to come. Don't miss out on this opportunity to own this turnkey property. Can also be sold as a portfolio with MLS# 73023812 and MLS# 73023813 Showings by appointment only, this property will not last!

Listed by Michael McKay of Concept Properties