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Prime Salem location! This exceptional two-family home offers easy access to Historic Downtown Salem and is ideal for owner-occupants or investors. Unit 1, on the first floor, features 2 bedrooms, HARDWOOD FLOORS, and an updated kitchen and bath. Unit 2 spans the top two levels and offers 4 bedrooms, AN UPDATED CHERRY KITCHEN WITH GRANITE COUNTERS, and a renovated bathroom. Each unit is SEPARATELY METERED FOR HEAT AND ELECTRICITY and includes its own laundry and basement storage. A large, level fenced yard, ample off-street parking, and a desirable neighborhood near Kernwood Golf Course, shops, waterfront attractions, restaurants, and the COMMUTER RAIL complete the package. Showings begin now.
Current real estate data for Multi Family in Salem as of Dec 30, 2025
13
Multi Family Listed
198
Avg DOM
300
Avg $ / SqFt
$1,325,123
Avg List Price

Property Details

Price:
$699,000
MLS #:
73458480
Status:
Active
Beds:
5
Baths:
2
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
Listed Date:
Dec 1, 2025
Finished Sq Ft:
2,280
Total Sq Ft:
2,280
Lot Size:
4,761 sqft / 0.11 acres (approx)
Year Built:
1890
Units:
2

Schools

Interior

Appliances
Range, Dishwasher, Disposal, Refrigerator, Microwave
Bathrooms
2 Full Bathrooms
Cooling
Window Unit(s)
Flooring
Wood, Carpet, Hardwood
Heating
Baseboard, Natural Gas, Unit Control, Electric, Hot Water, Steam, Oil
Laundry Features
Gas Dryer Hookup, Washer Hookup

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Bike Path, House of Worship, Marina, Private School, Public School, T-Station, University
Construction Materials
Frame
Exterior Features
Rain Gutters
Parking Features
Off Street, Tandem
Parking Spots
2
Roof
Shingle

Financial

Net Operating Income
$55,200
Tax Year
2025
Taxes
$7,195

Map

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Property Summary

    27 Appleton St Salem MA is a Multi Family for sale in Salem, MA, 01970. It is listed for $699,000 To schedule a showing of MLS#73458480 at 27 Appleton 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
27 Appleton St
Salem, MA