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Multi Family Homes in Salem

View current listings for multi family homes in Salem below. You may also be interested in browsing North Shore multi family homes.

Search Multi Family Homes for Sale in Salem Massachusetts

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255 Jefferson Avenue Salem MA 01970

Salem, MA255 Jefferson Avenue, South Salem

Price$1,250,000

Est. Mortgage: $/month

MLS Number 73160178

  • MultiFamily
  • Bedrooms 7
  • Bathroom 4
  • Square Feet 3,521
  • Parking Spaces 8

A true cash cow next to Salem State University, 1 mile to downtown Salem & Commuter Rail, 1/2 mile to Salem High School & HMLS elementary and local amenities. Seller has done over $150k in recent renovation. All units have in-unit laundry and share generous 8 car parking. Three 2 bedroom units and a townhouse style 1 bedroom unit. Two of the 2 bedroom units are renovated (2023), one was updated (2019). This is entirely turn-key. Unit 1 rented at $2400, unit 2 at $2600, unit 3 at 2600 and the 1 bedroom rented at $2150. 117k gross annual income

Listed by Dan Bernal of J. Barrett & Company

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$/month over payments
Federal 30-year interest rate: 7.22% last updated on Nov 30, 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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32 Prince Salem MA 01970

Salem, MA32 Prince

Price$1,100,000

Est. Mortgage: $/month

MLS Number 73171302

  • MultiFamily
  • Bedrooms 11
  • Bathroom 4
  • Square Feet 4,632
  • Parking Spaces 1

Great investment opportunity to own a solid four family, across from Mary Jane Lee Park, located in a family friendly area of historic Salem, close to everything downtown Salem has to offer and short distance to MBTA train line to Boston and many local business that will accommodate your every days needs. Newer gas heating systems, updated electric and compliance lead letters for all four units.

Listed by Mohamed Essaouabi of Century 21 North East Homes

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%
$/month over payments
Federal 30-year interest rate: 7.22% last updated on Nov 30, 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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28 Fairmount Street Salem MA 01970

Salem, MA28 Fairmount Street

Price$699,900

Est. Mortgage: $/month

MLS Number 73182263

  • MultiFamily
  • Bedrooms 6
  • Bathroom 3
  • Square Feet 3,043
  • Parking Spaces 3

Extremely rare investor special in the burgeoning N. Salem market! Most of the heavy lifting is done, the property was gutted and framed into 3 full floors of living space. Abundant off-street parking has been created, in a parking-scarce area, with green space and private decking as well. All that’s left is for an investor to come put their finishing touches on the project and this property will be in a class of its own, the value creating potential and speed to completion here are astounding! Easy to show.

Listed by Juan Lopera-Martinez and Christopher Corzo of eXp Realty

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$
%
$/month over payments
Federal 30-year interest rate: 7.22% last updated on Nov 30, 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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30 Williams Street Salem MA 01970

Salem, MA30 Williams Street

Price$649,900

Est. Mortgage: $/month

Open House

MLS Number 73183585

  • MultiFamily
  • Next Open House: Sat 12/2 11:30 am. to 1:00 pm.
  • Bedrooms 3
  • Bathroom 4
  • Square Feet 2,238

POTENTIAL!!!! Welcome to this charming antique 2 family home on a quiet side street just off the Common. Side by side townhouse units, owner's unit features 2 BR and 2 1/2 BA, 2 working fireplaces, gorgeous wide pine floors, in unit laundry, skylights and updated kitchen. 2 sunny unfinished rooms in the attic can easily be converted into additional living space. The second unit is 1 BR 1 BA with wide pine floors and 2 working fireplaces. Each unit has one off street parking space. Rental unit has been rented below market rent. This quintessential antique home needs a little more TLC to make her perfect! Sold as is. First showings at open houses, Sat and Sun December 2 and 3 both 11:30-1.

Listed by Merry Fox Team and Maggie Gibson of MerryFox Realty

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$
%
$/month over payments
Federal 30-year interest rate: 7.22% last updated on Nov 30, 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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6 Lathrop Street Salem MA 01970

Salem, MA6 Lathrop Street

Price$649,000

Est. Mortgage: $/month

MLS Number 73182201

  • MultiFamily
  • Bedrooms 5
  • Bathroom 3
  • Square Feet 1,945
  • Parking Spaces 2

CONTRACTORS AND DEVELOPERS TAKE NOTICE. Welcome to an exciting and rare investment opportunity in a prime location! This two-family home has been FULLY APPROVED FOR 3 UNITS, making it an ideal project for contractors looking to capitalize on the growing demand for multi-unit properties. Located in a highly sought-after area, this property promises both convenience and potential for a lucrative return on investment. If you are not ready to add the 3rd unit, Unit 2 is turnkey, rental-ready, and comes fully furnished for mid-term rental or AirBnb to gain instant income! Unit 2 offers 3 beds and 1.5 baths. Unit 1 is also primed for a makeover to produce passive income, offering 2 beds and 1 bath. Fully Vacant - Perfect for condo conversion or buy and hold. With a short walk to both downtown Salem and Beverly, this two-family home with approval for three units is a rare find in this coveted location.

Listed by Jenna Lovely of The Lovely Advisory LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 7.22% last updated on Nov 30, 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.