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Jim Armstrong

ALUXETY

jarmstrong@aluxety.com +1(978) 394-6736

$650,000

Est. payment - /mo

5 Beds

2 Baths

1,674 SqFt

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Thu Jun 19, 4:00pm - 5:00pm

Sat Jun 21, 11:00am - 1:00pm

Sun Jun 22, 11:00am - 1:00pm

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,674 sqft

Price per Sqft $388

MLS Listing ID 73393313

Bedrooms 5

Full Baths 2

Year Built 1915

Annual Tax Amount $5,303

Tax Year 2025

Lot Size 1,742 Sqft

Acres 0.04

Property Sub-Type Multi Family

Property Description

Excellent opportunity in the heart of downtown Salem. This two-family home offers strong potential for investors or owner-occupants willing to bring some updates. Both units offer flexible layouts, high ceilings, and character throughout. With some work, this property could shine as a long-term rental, owner-occupied investment, or possible short-term rental (buyer to do due diligence). Just steps from shops, restaurants, museums, and public transportation, this location is ideal for maximizing value and demand. A rare chance to invest in one of Salem's most walkable areas.

Location

State MA

County Essex

Zoning R3

Direction Congress St to Ward St

Rooms

Basement Full

Interior

Flooring Hardwood

Exterior

Community Features Public Transportation, Shopping, Laundromat

Roof Type Slate

Garage No

Building

Story 3

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Keller Williams Realty Evolution

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Jim Armstrong

+1(978) 394-6736

Team Leader/Broker Associate | License ID: 9074205

Team Leader/Broker Associate License ID: 9074205

8 Ward St Salem, MA 01970

Jim Armstrong

OPEN HOUSE

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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8 Ward St