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Off market
  • $981,600

    5 Winthrop St, Salem, MA 01970

    6beds
    3,055sqft
    MultiFamily
    Built in 1870
    -- sqft lot
    $981,600 Zestimate®
    $321/sqft
    $3,579 Estimated rent

    Home value

    $981,600

    $923,000 - $1.05M

    $3,579/mo

    Zestimate® history
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    What's special

    Investment opportunity! Rarely available spacious 2 family off the McIntire Historic District. The 1st floor unit consists of 2 bedrooms, 1 bath, living room, dining room, eat-in kitchen w/ pantry, and plenty of storage! This unit rents for $1950/month and can be used as a 3 bedroom unit. The 2nd unit is a townhouse style with the same layout PLUS 3 bedrooms, a living room, and 2nd full bath on the 3rd floor! This unit rents for $2500/month and can be used as a 6 bedroom unit. Replacement windows, refinished HW floors, high ceilings, and many period details! Separate gas heating, hot water, updated C/B panels. Laundry hookups in the basement with tons of room for storage. Maintenance free yard and 3-car parking side-by-side. Walking distance to the commuter rail and downtown Salem! Leases are in place, rents have room to grow overtime making this investment an even better opportunity!

    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.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Other, Oil
    Features
    • Flooring: Tile, Hardwood
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 3,055 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 2,613 sqft
    Details
    • Parcel number: SALEM25L0548

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1870

    Community & neighborhood

    Location
    • Region: Salem

    Other

    Other facts
    • Amenities: Public Transportation, Shopping, Medical Facility, T-Station
    • Basement Feature: Full
    • Construction: Frame
    • Electric Feature: Circuit Breakers, Individually Metered
    • Flooring: Wood, Tile
    • Foundation: Fieldstone
    • Lot Description: Fenced/Enclosed
    • Mf Type: 2 Family
    • Road Type: Public
    • Roof Material: Asphalt/Fiberglass Shingles
    • Terms Feature: Contract For Deed
    • Beach Miles To: 1/2 To 1 Mile
    • Beachfront Flag: Yes
    • Energy Features: Insulated Windows
    • Apod Available: Yes
    • Exterior Features: Porch, Gutters, Screens
    • Utility Connections: For Gas Range, For Electric Range
    • Exterior: Aluminum

    Price history

    DateEventPrice
    5/8/2019Sold$650,000+8.4%$213/sqft
    Source: Public Record Report a problem
    4/9/2019Pending sale$599,900$196/sqft
    Source: RE/MAX 360 #72475371 Report a problem
    4/3/2019Listed for sale$599,900+15.1%$196/sqft
    Source: RE/MAX 360 #72475371 Report a problem
    8/23/2018Listing removed$1,950$1/sqft
    Source: Space Finder Realty, LLC. Report a problem
    8/21/2018Listed for rent$1,950+44.4%$1/sqft
    Source: Space Finder Realty, LLC. Report a problem
    10/6/2017Sold$521,000-1.5%$171/sqft
    Source: Public Record Report a problem
    8/10/2017Pending sale$529,000$173/sqft
    Source: Beverly #72194299 Report a problem
    7/7/2017Listed for sale$529,000$173/sqft
    Source: Keller Williams Realty #72194299 Report a problem
    4/27/2017Listing removed$529,000$173/sqft
    Source: Beverly #72133132 Report a problem
    4/15/2017Pending sale$529,000$173/sqft
    Source: Keller Williams - Beverly #72133132 Report a problem
    4/13/2017Listed for sale$529,000$173/sqft
    Source: Keller Williams - Beverly #72133132 Report a problem
    3/29/2017Pending sale$529,000$173/sqft
    Source: Keller Williams - Beverly #72133132 Report a problem
    3/20/2017Listed for sale$529,000+198%$173/sqft
    Source: Keller Williams Realty #72133132 Report a problem
    11/29/2015Listing removed$1,350
    Source: iHOUSEweb, Inc. #71933718 Report a problem
    11/19/2015Listed for rent$1,350
    Source: iHOUSEweb, Inc. #71933718 Report a problem
    4/17/1998Sold$177,500$58/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,070 +8.5%$799,800 +11.2%
    2024$8,361 +2.9%$719,500 +10.7%
    2023$8,129 $649,800
    2022$8,129 +5.9%$649,800 +16.8%
    2021$7,678 +12.9%$556,400 +18.2%
    2020$6,800 -9.4%$470,600 -5.3%
    2019$7,503 +8.4%$496,900 +10.4%
    2018$6,919 +17.8%$449,900 +21.5%
    2017$5,873 +2.6%$370,300 +1.4%
    2016$5,723 +6.2%$365,200 +11.2%
    2015$5,389 +12.5%$328,400 +14.7%
    2014$4,790 +7.2%$286,300 +0.1%
    2012$4,470 -1%$286,000 -4.7%
    2011$4,515 +0%$300,000 -6.9%
    2010$4,514 -0.8%$322,200 -8.5%
    2009$4,552 +2.3%$352,300 -7.6%
    2008$4,449 +0.4%$381,200 -7.3%
    2007$4,430 +5.2%$411,300 +9.5%
    2006$4,210 +4%$375,600 +5.6%
    2005$4,049 +5%$355,800 +8%
    2004$3,856 +26.8%$329,300 +39.4%
    2003$3,041 +11.8%$236,300 +17.5%
    2002$2,721 +38.8%$201,100 +55.5%
    1999$1,961 +11.7%$129,300 -6.8%
    1994$1,755 $138,700

    Find assessor info on the county website

    Neighborhood: 01970

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $981,600
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    Estimated market value
    $981,600