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Off market
  • $997,500

    2 Wheatland St, Salem, MA 01970

    6beds
    2,850sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $997,500 Zestimate®
    $350/sqft
    $3,308 Estimated rent

    Home value

    $997,500

    $938,000 - $1.06M

    $3,308/mo

    Zestimate® history
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    $3,308/mo

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    $6,304/mo

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    $6,304/mo

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    What's special

    *** $50,000 PRICE REDUCTION *** Salem Hospital area multi-family opportunity. Three unit triple decker on quiet side street. Roof is about 5-6 years old. The first two floors are 2-bedroom units in good condition, the second floor having been last renovated in the 90's and the first floor in the 2010's. The third floor is 3-bedrooms and is vacant and recently renovated and in excellent condition. All three units have their own electric and natural gas meters and all three units have their own heating systems and hot water heaters. The first floor heat is forced air and the second and third floors are forced hot water. Tenants pay for their own utility bills. Ask us about how you can purchase this property for about $28,000 down payment if you plan on living here. Great owner occupant opportunity to get you started in building wealth.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air, Oil
    Appliances
    • Included: Dishwasher, Garbage disposal, Microwave, Refrigerator
    Features
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 2,850 sqft

    Property

    Parking
    • Parking features: On-street
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 2,613 Square Feet
    Details
    • Parcel number: SALEM24L0159

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Other
    Condition
    • Year built: 1900

    Community & HOA

    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $350/sqft
    • Tax assessed value: $902,100
    • Annual tax amount: $10,230

    Price history

    DateEventPrice
    2/8/2023Sold$915,000-6.2%$321/sqft
    Source: MLS PIN #73054978 Report a problem
    11/28/2022Listed for sale$975,000$342/sqft
    Source: MLS PIN #73054978 Report a problem
    11/18/2022Contingent$975,000$342/sqft
    Source: MLS PIN #73054978 Report a problem
    11/3/2022Listed for sale$975,000+30%$342/sqft
    Source: MLS PIN #73054978 Report a problem
    5/20/2020Listing removed$749,999$263/sqft
    Source: The Mega Group #72624703 Report a problem
    5/11/2020Price change$749,999-6.3%$263/sqft
    Source: The Mega Group #72624703 Report a problem
    4/10/2020Listing removed$2,100$1/sqft
    Source: NextGen Realty Report a problem
    4/9/2020Listed for sale$799,999$281/sqft
    Source: The Mega Group #72624703 Report a problem
    4/9/2020Pending sale$799,999$281/sqft
    Source: The Mega Group #72624703 Report a problem
    2/27/2020Listed for sale$799,999+16%$281/sqft
    Source: The Mega Group #72624703 Report a problem
    1/21/2020Listed for rent$2,100+10.5%$1/sqft
    Source: NextGen Realty Report a problem
    6/26/2018Sold$689,900+38%$242/sqft
    Source: Public Record Report a problem
    6/13/2018Listing removed$1,900$1/sqft
    Source: Symphony Properties Report a problem
    6/8/2018Listed for rent$1,900$1/sqft
    Source: Symphony Properties Report a problem
    4/13/2017Listing removed$499,900$175/sqft
    Source: RE/MAX Advantage Real Estate #72126722 Report a problem
    4/3/2017Price change$499,900-5.7%$175/sqft
    Source: RE/MAX Advantage Real Estate #72126722 Report a problem
    3/5/2017Listed for sale$529,900$186/sqft
    Source: RE/MAX Advantage Real Estate #72126722 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,230 +5.9%$902,100 +8.6%
    2024$9,656 +10.3%$831,000 +18.8%
    2023$8,751 $699,500
    2022$8,751 +7.7%$699,500 +18.8%
    2021$8,128 +16.1%$589,000 +21.6%
    2020$6,998 +0.7%$484,300 +5.2%
    2019$6,949 +7.6%$460,200 +9.6%
    2018$6,460 +6.4%$420,000 +9.7%
    2017$6,071 +2.6%$382,800 +1.4%
    2016$5,919 +2.4%$377,700 +7.3%
    2015$5,778 +14.8%$352,100 +17%
    2014$5,034 +7%$300,900 0%
    2012$4,705 -0.6%$301,000 -4.3%
    2011$4,732 +0.6%$314,400 -6.3%
    2010$4,703 -0.5%$335,700 -8.3%
    2009$4,729 +2.8%$366,000 -7.2%
    2008$4,600 +0.9%$394,200 -6.9%
    2007$4,559 +6%$423,300 +10.4%
    2006$4,299 +3.8%$383,500 +5.3%
    2005$4,143 +4.6%$364,100 +7.6%
    2004$3,961 +23.7%$338,300 +36%
    2003$3,202 +10.5%$248,800 +16.2%
    2002$2,897 +45.1%$214,100 +62.7%
    1999$1,996 +19.4%$131,600 -0.5%
    1994$1,672 $132,200
    Find assessor info on the county website

    Neighborhood: 01970

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $997,500
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    Estimated market value
    $997,500