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Off market
  • $836,800

    58 Salem St, Salem, MA 01970

    5beds
    1,989sqft
    MultiFamily
    Built in 1915
    -- sqft lot
    $836,800 Zestimate®
    $421/sqft
    $3,473 Estimated rent

    Home value

    $836,800

    $787,000 - $887,000

    $3,473/mo

    Zestimate® history
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    Owner options

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    $3,473/mo

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    $3,473/mo

    Rent Zestimate®

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    $5,175/mo

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    $5,175/mo

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    What's special

    This is a fantastic opportunity to own a solid multifamily in historic and vibrant Salem, MA. Excellent opportunity for rental income for a first time buyer to have help with the mortgage payments or for investor. The first and second units both have two bedrooms and a living room and are vacant ready to produce rental income or a condo conversion potential. The third unit has one bedroom. Features include beautiful hard wood floors, 3 off street parking plus a garage and Porches. This is well kept multi-family and conveniently located near downtown, minutes to Historic Downtown Salem with Restaurants, Banks, Shopping, World Class Museum, City Parks, Beach, Salem State University, Derby Wharf, and 3 forms of transportation to Boston-Buses, Train, or Ferry. Opportunities like these don't come around too often so don't delay and schedule your private showing today.

    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: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air, Gas
    Features
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 1,989 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Detached
    Features
    • Exterior features: Wood
    Lot
    • Size: 2,613 sqft
    Details
    • Parcel number: SALEM34L0133

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1915

    Community & neighborhood

    Location
    • Region: Salem

    Other

    Other facts
    • Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House Of Worship, Marina, Public School, T-Station, University, Walk/Jog Trails
    • Basement Feature: Full, Walk Out, Unfinished Basement
    • Foundation: Fieldstone
    • Hot Water: Natural Gas
    • Lot Description: Paved Drive
    • Beach Description: Harbor
    • Beachfront Flag: Yes
    • Exterior: Wood
    • Beach Miles To: 0 To 1/10 Mile
    • Mf Type: 3 Family - 3 Units Up/Down
    • CONTINGENCY_TYPE: Pending P&S

    Price history

    DateEventPrice
    9/29/2020Sold$606,000+10.2%$305/sqft
    Source: Public Record Report a problem
    8/28/2020Pending sale$549,900$276/sqft
    Source: Cameron Real Estate Group #72711617 Report a problem
    8/18/2020Listed for sale$549,900$276/sqft
    Source: Cameron Real Estate Group #72711617 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,859 +3%$693,000 +5.6%
    2024$7,627 +3%$656,400 +10.9%
    2023$7,402 $591,700
    2022$7,402 +25.4%$591,700 +38.4%
    2021$5,901 +12.2%$427,600 +17.4%
    2020$5,261 +2.2%$364,100 +6.8%
    2019$5,148 +6.7%$340,900 +8.7%
    2018$4,823 +5.1%$313,600 +8.3%
    2017$4,591 +1.2%$289,500
    2016$4,536 +17.7%$289,500 +23.2%
    2015$3,855 +7.6%$234,900 +9.7%
    2014$3,584 +10.2%$214,200 +2.9%
    2012$3,253 -8.1%$208,100 -11.6%
    2011$3,541 +5.6%$235,300 -1.7%
    2010$3,354 -3.8%$239,400 -11.2%
    2009$3,485 +1.9%$269,700 -8%
    2008$3,419 -0.1%$293,000 -7.7%
    2007$3,421 +6.8%$317,600 +11.2%
    2006$3,202 +4.1%$285,600 +5.6%
    2005$3,077 +3.4%$270,400 +6.4%
    2004$2,976 +25.9%$254,100 +38.3%
    2003$2,364 +18.9%$183,700 +25%
    2002$1,989 +52.1%$147,000 +70.5%
    1999$1,308 +7.7%$86,200 -10.2%
    1994$1,214 $96,000

    Find assessor info on the county website

    Neighborhood: 01970

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Collins
    • High: Salem High

    Source: The MLS. 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
    $836,800
    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
    $836,800