For sale

$4,200,000

8-10 & Ct #5, Salem, MA 01970

34beds

13,472sqft

Get pre-qualified

5+ Family - 5+ Units Up/Down

Built in 1915

-- sqft lot

$-- Zestimate^®

$312/sqft

$-- HOA

What's special

Storage units per apartmentOn-site coin-operated laundry facilities

5 Ropes Street and 8-10 Porter Street Court are two adjacent 3-story, 6-unit buildings with a total square footage of 19,720± and a rentable square footage of 13,472±. This offering includes twenty (20+) surface parking spots and 6-bay garages currently generating substantial income. Both buildings offer investors separately metered utilities, on-site coin-operated laundry facilities, and storage units per apartment for additional income. Investors will hedge any risk with multiple revenue streams within one investment opportunity. The offering is within walking distance of public transportation, restaurants, and many local amenities.

36 days

455

17

Loading...

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 34
Bathrooms: 12
Full bathrooms: 12

Features

Flooring: Tile, Vinyl, Hardwood
Doors: Insulated Doors
Windows: Insulated Windows
Basement: Full,Interior Entry
Has fireplace: No

Interior area

Total structure area: 13,472
Total interior livable area: 13,472 sqft
Finished area above ground: 13,472

Property

Parking

Total spaces: 27
Parking features: Off Street, Assigned
Garage spaces: 6
Uncovered spaces: 21

Lot

Size: 0.4 Acres
Features: Level

Details

Foundation area: 999
Zoning: R3

Construction

Type & style

Home type: MultiFamily
Property subtype: 5+ Family - 5+ Units Up/Down

Materials

Brick, Stone
Foundation: Stone, Brick/Mortar
Roof: Shingle,Rubber

Condition

Year built: 1915

Utilities & green energy

Electric: Circuit Breakers, 200+ Amp Service
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range, for Electric Range, Varies per Unit

Green energy

Energy efficient items: Varies per Unit

Community & HOA

Community

Features: Public Transportation, Shopping, Park, Medical Facility

Location

Region: Salem

Financial & listing details

Price per square foot: $312/sqft
Tax assessed value: $99,999
Annual tax amount: $35,875
Date on market: 6/2/2026
Total actual rent: 32767

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/2/2026	Listed for sale	$4,200,000$312/sqft
Source: MLS PIN #73528048 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified