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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.
Current real estate data for Multi Family in Salem as of Oct 08, 2025
13
Multi Family Listed
174
Avg DOM
315
Avg $ / SqFt
$1,601,685
Avg List Price

Property Details

Price:
$1,795,000
MLS #:
73428862
Status:
Active Under Contract
Beds:
8
Baths:
8.5
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
Listed Date:
Sep 10, 2025
Finished Sq Ft:
5,709
Total Sq Ft:
5,709
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
$102,016
Tax Year
2025
Taxes
$16,694

Map

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Property Summary

    170 North Street Salem MA is a Multi Family for sale in Salem, MA, 01970. It is listed for $1,795,000 To schedule a showing of MLS#73428862 at 170 North Street 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
170 North Street
Salem, MA