23 Park St new

Salem,MA 01970

$ 725000

6 Beds

2 Baths

1940 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,940 sqft

Price per Sqft $373

MLS Listing ID 73367902

Bedrooms 6

Full Baths 2

Year Built 1915

Annual Tax Amount $6,740

Tax Year 2025

Lot Size 1,306 Sqft

Property Sub-Type Multi Family

Property Description

The property at 23 Park Street in Salem, MA, is a well-maintained two-family home built in 1915, offering approximately 1,940 square feet of living space across 12 rooms. The building features two distinct units: the first-floor unit includes a spacious 2-bedroom, 1-bath layout with an eat-in kitchen, a remodeled bathroom, gas heating, and a high-efficiency tankless water heater. Unit 1 has also been freshly painted and updated, making it move-in ready. The second unit spans two floors, includes four bedrooms, and is currently rented for $2,400 per month—providing a strong income stream for investors or owner-occupants. Each unit has separate utilities, further enhancing the property's investment potential. Located in South Salem near Salem State University and downtown, the home offers convenient access to public transportation, shopping, Forest River Park, and the city's historic waterfront—all within a highly walkable neighborhood.

Location

State MA

County Essex

Zoning R3

Building

Lot Description Corner Lot

Story 3

Foundation Block

Sewer Public Sewer

Water Public

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