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Don't miss out on this updated multi-family property! This is a large three story multi-family residence located in Salem with close proximity to downtown. Built in 1915, this house is a great opportunity for owner-occupants looking for a move in ready long term investment. Both units have new electrical systems with permits inspected and complete. New and refinished floors, and cosmetic updates throughout. The first floor unit features a living room with fireplace, dining room, kitchen, two bedrooms and one full bath. Plenty of potential and space to add a bedroom. Second floor unit offer three bedrooms, kitchen, and once full bath, as well as access to a walk up unfinished walk up with high ceilings. Additional highlights include parking for 3-4 vehicles, three separate electrical panels all new in 2026, roof and siding replaced approx 11 years ago, boiler installed in 2015, and a hot water heater installed in 2021. This is a rare and special property ready for move in.

MLS Listing ID: 73535652
Listing Price: $824,999
Listing Status: New [?]
Property Type: Multi Family
Bedrooms: 6
Full Baths: 2
Living Space: 3378 sf.
Lot Size: 0.06 acres (2675 sf.)
Parking: Yes
Taxes: $7,224.00
Tax Year: 2025

Listing Current as of June 18, 2026 6:00pm

This listing brought to you by Kaitlyn Duyon of eRealty Advisors, Inc..

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