Sold for $1,475,000

$1,475,000

41 Salem St, Salem, MA 01970

13beds

5,320sqft

5-9 Family

Built in 1915

-- sqft lot

$-- Zestimate^®

$277/sqft

$2,996 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,996/mo

Zestimate^® history

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$2,996/mo

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$9,643/mo

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$9,643/mo

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What's special

41 Salem Street is a three-story residential investment property. The unit matrix consists of one (1), 1-Bedroom/1-Bathroom unit, three (3), 2-Bedroom/1-Bathroom units, and two (2), 3-Bedroom/1-Bathroom units in 5,320 square feet of living area on a .072-acre parcel. All units have updated kitchens with granite countertops and dishwashers. The Property is separately metered for electric, and electric heat, which the tenants pay directly. The Landlord is responsible for common area electric, gas-fired hot water, and domestic water and sewer. The Property is well-located on Salem Street, just over a half-mile away from Salem’s Historic Downtown with easy access to public transportation and numerous retail amenities. Salem is located 15 miles along the north shore from Downtown Boston, a major draw for many of the city’s residents.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 13
Bathrooms: 6
Full bathrooms: 6

Features

Basement: Unfinished
Has fireplace: No

Interior area

Total structure area: 5,320
Total interior livable area: 5,320 sqft
Finished area above ground: 5,320

Property

Parking

Parking features: Open
Has uncovered spaces: Yes

Features

Waterfront features: 1/2 to 1 Mile To Beach

Lot

Size: 3,049 Square Feet
Features: Other

Details

Parcel number: 2135689
Zoning: R3

Construction

Type & style

Home type: MultiFamily
Property subtype: 5-9 Family

Materials

Foundation: Other
Roof: Slate

Condition

Year built: 1915

Utilities & green energy

Electric: Individually Metered
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, House of Worship, Marina, Private School, Public School, T-Station, University

Location

Region: Salem

Financial & listing details

Price per square foot: $277/sqft
Tax assessed value: $1,380,000
Annual tax amount: $15,794
Date on market: 1/12/2026
Total actual rent: 11410

Price history

Date	Event	Price
6/6/2025	Sold	$1,475,000-1.7%$277/sqft
Source: MLS PIN #73340304 Report a problem
3/3/2025	Listed for sale	$1,500,000+400.2%$282/sqft
Source: MLS PIN #73340304 Report a problem
6/10/2011	Listing removed	$299,900$56/sqft
Source: Neil Real Estate #71237509 Report a problem
5/25/2011	Listed for sale	$299,900-6.3%$56/sqft
Source: Neil Real Estate #71237509 Report a problem
9/21/2010	Listing removed	$319,900-11.1%$60/sqft
Source: Craig Neil #71049822 Report a problem
5/20/2010	Price change	$359,900-2.7%$68/sqft
Source: Craig Neil #71049822 Report a problem
3/20/2010	Listed for sale	$369,900$70/sqft
Source: Craig Neil #71049822 Report a problem