This new listing is a spacious two-unit multifamily property situated conveniently within walking distance to downtown Salem. The first unit features two bedrooms and a screen porch, perfect for enjoying the outdoors. The second and third floors house a generous five-bedroom unit with the potential for expansion, making it a versatile space for the new owner. With its prime location near restaurants, museums, and the commuter rail, this property boasts great bones and is just waiting for a new owner to make it their own. Much original woodwork, high ceilings, newer replacement windows, two fireplaces, double parlors in both units and updated heating systems.
Sold for $770,000
$770,000
5 Buffum St, Salem, MA 01970
8beds
3,360sqft
Multi Family
Built in 1915
-- sqft lot
$960,700 Zestimate®
$229/sqft
$2,865 Estimated rent
Home value
$960,700
$884,000 - $1.05M
$2,865/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Gingle-Lerman Realty Group 781-983-2882,
William Raveis R.E. & Home Services 781-631-1199,
Marcie Gingle 617-838-3102
Bought with:
Matt Tasgin
United Brokers
Source: MLS PIN,MLS#: 73236992
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Steam
Cooling
- None
Appliances
- Included: Range, Refrigerator, Washer, Dryer
Features
- Pantry, Bathroom With Tub & Shower, Ceiling Fan(s), Living Room, Dining Room, Kitchen, Family Room
- Flooring: Wood, Hardwood
- Windows: Insulated Windows
- Basement: Full,Finished
- Number of fireplaces: 2
- Fireplace features: Wood Burning
Interior area
- Total structure area: 3,360
- Total interior livable area: 3,360 sqft
Property
Parking
- Total spaces: 2
- Parking features: Paved Drive, Off Street, Tandem
- Uncovered spaces: 2
Features
- Patio & porch: Porch, Enclosed, Screened
Lot
- Size: 2,849 sqft
- Features: Easements
Details
- Parcel number: 2132447
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1915
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Electric Range
Community & neighborhood
Location
- Region: Salem
HOA & financial
Other financial information
- Total actual rent: 0
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2024 | Sold | $770,000+0%$229/sqft |
Source: MLS PIN #73236992 Report a problem | ||
| 5/23/2024 | Pending sale | $769,900$229/sqft |
Source:  William Raveis Real Estate, Mortgage & Insurance #73236992 Report a problem | ||
| 5/13/2024 | Listed for sale | $769,900$229/sqft |
Source: MLS PIN #73236992 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,935 +9.3% | $787,900 +12% |
| 2024 | $8,174 +3.7% | $703,400 +11.7% |
| 2023 | $7,881 | $630,000 |
| 2022 | $7,881 +2.6% | $630,000 +13.1% |
| 2021 | $7,685 +2% | $556,900 +6.8% |
| 2020 | $7,537 +1.3% | $521,600 +5.8% |
| 2019 | $7,443 +28.7% | $492,900 +31.1% |
| 2018 | $5,784 +7.8% | $376,100 +11.2% |
| 2017 | $5,365 +2.8% | $338,300 +1.5% |
| 2016 | $5,221 +3.3% | $333,200 +8.1% |
| 2015 | $5,056 +7.6% | $308,100 +9.7% |
| 2014 | $4,698 +4.6% | $280,800 -2.3% |
| 2012 | $4,490 -2.2% | $287,300 -5.8% |
| 2011 | $4,592 -0.9% | $305,100 -7.8% |
| 2010 | $4,636 -7.1% | $330,900 -14.3% |
| 2009 | $4,990 +3.3% | $386,200 -6.7% |
| 2008 | $4,829 +5.1% | $413,800 -3% |
| 2007 | $4,593 | $426,500 |
Find assessor info on the county website
Neighborhood: Mack Park
Nearby schools
GreatSchools rating
- 7/10BatesGrades: PK-5Distance: 0.6 mi
- 6/10Collins Middle SchoolGrades: 6-8Distance: 0.8 mi
- NASalem Prep High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- High: Salem
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$960,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$960,700
- Massachusetts
- Essex County
- Salem
- 01970
- Mack Park
- 5 Buffum St
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