Landmark Victorian multi family with unlimited possibilities for investors and developers. Rare half acre lot for unlimited parking or possible expansion. The property is a legal 5 unit building, but there are three additional illegal studio apartments. Property is to be sold as is.

Property Details

Price:
$1,795,000
MLS #:
73428862
Status:
Active
Beds:
8
Baths:
8.5
Address:
170 North Street
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
City:
Salem
Listed Date:
Sep 10, 2025
State:
MA
Finished Sq Ft:
5,709
Total Sq Ft:
5,709
ZIP:
01970
Lot Size:
23,701 sqft / 0.54 acres (approx)
Year Built:
1850
Units:
5

Schools

Interior

Bathrooms
8 Full Bathrooms, 1 Half Bathroom
Flooring
Wood, Tile

Exterior

Community Features
Public Transportation, Highway Access, T- Station
Construction Materials
Frame
Parking Features
Paved Drive, Off Street
Parking Spots
20
Roof
Shingle

Financial

Net Operating Income
$30,000
Tax Year
2025
Taxes
$16,694

Map

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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.,…

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170 North Street
Salem, MA