The property at 23 Park Street in Salem, MA, is a two-family residence constructed in 1915, encompassing approximately 1,940 square feet of living space across 12 rooms.? The building features two separate units. The first-floor unit offers a spacious 2-bedroom, 1-bath layout with an eat-in kitchen, remodeled bathroom, gas heat, and a high-efficiency tankless water heater. It is conveniently located near Salem State University and downtown attractions. The second unit spans two floors and includes four bedrooms, making it suitable for owner-occupancy or rental purposes. The property has separate utilities for each unit, enhancing its appeal for investors. Situated in South Salem, the location offers easy access to public transportation, shopping centers,

Property Details

Price:
$725,000
MLS #:
73360655
Status:
Active
Beds:
6
Baths:
2
Address:
23 Park St
Type:
Multi Family
City:
Salem
Listed Date:
Apr 16, 2025
State:
MA
Finished Sq Ft:
1,940
Total Sq Ft:
1,940
ZIP:
01970
Year Built:
1915
Units:
2

Schools

Interior

Bathrooms
2 Full Bathrooms
Fireplaces Total
1

Exterior

Parking Features
Off Street

Financial

Net Operating Income
$30,360
Tax Year
2025
Taxes
$6,740

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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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23 Park St
Salem, MA