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Six family home with close to 7,000 sq. ft. of living space, on the biggest lot in downtown Salem, next to the Salem Inn. This property is zoned mixed use, so could have commercial and residential space. Great potential for further development. The house needs to be renovated. 10 garages and a large workshop above which could be converted into more units.
Current real estate data for Multi Family in Salem as of Oct 07, 2025
13
Multi Family Listed
174
Avg DOM
315
Avg $ / SqFt
$1,601,685
Avg List Price

Property Details

Price:
$2,500,000
MLS #:
73044002
Status:
Pending
Beds:
10
Baths:
6
Type:
Multi Family
Subtype:
5-9 Family
Listed Date:
Oct 4, 2022
Finished Sq Ft:
6,744
Total Sq Ft:
6,744
Lot Size:
13,000 sqft / 0.30 acres (approx)
Year Built:
1870
Units:
6
PoolTennisSalemSalem High

Schools

Middle School:
Salem
High School:
Salem High

Interior

Bathrooms
6 Full Bathrooms
Cooling
None
Flooring
Varies, Hardwood
Heating
Natural Gas
Laundry Features
Electric Dryer Hookup

Exterior

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Other
Construction Materials
Frame
Parking Features
Off Street
Parking Spots
28
Roof
Shingle, Tar/Gravel, Rubber

Financial

Net Operating Income
$73,200
Tax Year
2018
Taxes
$9,045

Map

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Property Summary

    11 Summer St Salem MA is a Multi Family for sale in Salem, MA, 01970. It is listed for $2,500,000 To schedule a showing of MLS#73044002 at 11 Summer St in Salem, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

More About James
11 Summer St
Salem, MA