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Off market
  • Price Unknown

    40-42 School St, Salem, MA 01970

    6beds
    2,472sqft
    Multi Family
    Built in 1880
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    OPEN 6/11 from 11:30 a.m. to 1:00 p.m.. VACANT two family in desirable North Salem neighborhood with great income potential. Located on a quiet neighborhood on the corner of School Street and School Street Ct., close to commuter rail and downtown Salem. Perfect to maintain as rental or Condo conversion. First floor Unit has been completely updated (except appliances, fixtures and other minor finishing touches) with kitchen tile, preserved wide plank hardwood, new cabinets and stone counters. Second floor Unit is in need of complete update. Very spacious with potential to add 400-500 sq. ft of attic to 2nd floor unit. Both Units have 3 bedrooms with potential for more. Bring your ideas or the owner is happy to provide his. Updated electric panels (3) and heating system/water tanks. Potential for 4 or more parking spaces, with patio in backyard.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Listed by:

    Gino Ricciardelli 781-405-1380,

    Foremost Realty 781-405-1380,

    Gino Ricciardelli 781-405-1380

    Bought with:

    Gino Ricciardelli

    Foremost Realty

    Source: MLS PIN,MLS#: 72992674

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Features
    • Living Room, Kitchen, Laundry Room
    • Basement: Full
    • Number of fireplaces: 4
    Interior area
    • Total structure area: 2,472
    • Total interior livable area: 2,472 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Off Street
    • Uncovered spaces: 4
    Features
    • Patio & porch: Patio
    Lot
    • Size: 3,690 Square Feet
    • Features: Corner Lot
    Details
    • Parcel number: M:27 L:0008,2132943
    • Zoning: R2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Foundation: Concrete Perimeter
    Condition
    • Year built: 1880

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Salem

    Financial & listing details

    • Tax assessed value: $444,600
    • Annual tax amount: $5,891
    • Date on market: 12/12/2025
    • Total actual rent: 5200

    Price history

    DateEventPrice
    8/3/2022Sold$550,000-8.3%$222/sqft
    Source: MLS PIN #72992674 Report a problem
    7/16/2022Contingent$599,990$243/sqft
    Source: MLS PIN #72992674 Report a problem
    6/21/2022Price change$599,990-6.2%$243/sqft
    Source: MLS PIN #72992674 Report a problem
    6/5/2022Listed for sale$639,900$259/sqft
    Source: MLS PIN #72992674 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Mack Park

    Nearby schools

    GreatSchools rating