Sold for $1,050,000

$1,050,000

23 Gardner St, Salem, MA 01970

8beds

3,708sqft

3 Family

Built in 1868

-- sqft lot

$1,184,700 Zestimate^®

$283/sqft

$3,226 Estimated rent

Home value

$1,184,700

$1.09M - $1.30M

$3,226/mo

Zestimate^® history

Owner options

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$3,226/mo

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$3,226/mo

Rent Zestimate^®

Refinance and save

$6,466/mo

Est. payment

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$6,466/mo

Est. payment

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What's special

Great investment or owner occupied opportunity in this 3 unit property conveniently located between Salem State and downtown Salem. New high efficiency heating systems for 2 of the units. Separate utilities, laundry in basement, well maintained throughout. Long history of high rents. Large yard, tons of parking, large shed / storage garage. Hardwood floors, tall ceilings, and beautiful entryway. This is a great opportunity to own an investment property that truly makes sense today and into the future.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4

Appliances

Included: Washer, Dryer

Features

Basement: Full
Has fireplace: No

Interior area

Total structure area: 3,708
Total interior livable area: 3,708 sqft

Property

Parking

Total spaces: 6
Parking features: Paved Drive, Off Street
Uncovered spaces: 6

Features

Patio & porch: Porch
Waterfront features: Beach Access, Harbor, 1/2 to 1 Mile To Beach, Beach Ownership(Public)

Lot

Size: 0.26 Acres

Details

Parcel number: 3301980,2134745
Zoning: R2

Construction

Type & style

Home type: MultiFamily
Property subtype: 3 Family

Materials

Frame
Foundation: Irregular
Roof: Shingle

Condition

Year built: 1868

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & neighborhood

Community

Community features: Public Transportation, Shopping, Park, Public School

Location

Region: Salem

HOA & financial

Other financial information

Total actual rent: 8420

Price history

Date	Event	Price
10/28/2024	Listing removed	$3,300$1/sqft
Source: Zillow Rentals Report a problem
10/26/2024	Listed for rent	$3,300$1/sqft
Source: Zillow Rentals Report a problem
11/30/2023	Sold	$1,050,000-4.5%$283/sqft
Source: MLS PIN #73167172 Report a problem
10/11/2023	Contingent	$1,100,000$297/sqft
Source: MLS PIN #73167172 Report a problem
10/5/2023	Listed for sale	$1,100,000$297/sqft
Source: MLS PIN #73167172 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$11,039 +13.2%	$973,500 +16%
2024	$9,749 +3.3%	$839,000 +11.2%
2023	$9,439	$754,500
2022	$9,439 +4.6%	$754,500 +15.4%
2021	$9,024 +5.7%	$653,900 +10.6%
2020	$8,541 +1%	$591,100 +5.6%
2019	$8,456 +10.7%	$560,000 +12.7%
2018	$7,641 +7.1%	$496,800 +10.4%
2017	$7,135 +2.6%	$449,900 +1.4%
2016	$6,951 +2.8%	$443,600 +7.6%
2015	$6,763 +10.2%	$412,100 +12.3%
2014	$6,138 +8.4%	$366,900 +1.3%
2012	$5,660 +1.4%	$362,100 -2.4%
2011	$5,582 -0.6%	$370,900 -7.5%
2010	$5,617 -6.1%	$400,900 -13.4%
2009	$5,979 +3.5%	$462,800 -6.5%
2008	$5,777 +5.3%	$495,000 -2.9%
2007	$5,488 +1.8%	$509,600 +6%
2006	$5,389 +3.3%	$480,700 +4.8%
2005	$5,218 +4.2%	$458,500 +7.3%
2004	$5,006 +21.4%	$427,500 +33.4%
2003	$4,125 +9.6%	$320,500 +15.2%
2002	$3,763 +26.3%	$278,100 +41.6%
1999	$2,979 +27.4%	$196,400 +6.2%
1994	$2,339	$184,900