MLS #73430491 image #0MLS #73430491 image #1MLS #73430491 image #2MLS #73430491 image #3MLS #73430491 image #4
Whether you are looking for your first income property or expanding your portfolio this three family is one you don’t want to miss out on- three units with three bedrooms/1 bath each. All de-leaded, section 8 approved and on separate meters. Coin operated washer/dryer in the basement & low maintenance landscaping. First floor unit will be delivered vacant- suited for an owner occupant. Second & third floor units are tenants at will. This 3-family is in nicely situated between Salem State University and Downtown, and will be in close proximity to the proposed South Salem Station.
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:
$950,000
MLS #:
73430491
Status:
Active
Beds:
9
Baths:
3
Type:
Multi Family
Subtype:
3 Family – 3 Units Up/Down
Listed Date:
Sep 13, 2025
Finished Sq Ft:
2,345
Total Sq Ft:
2,345
Lot Size:
1,790 sqft / 0.04 acres (approx)
Year Built:
1915
Units:
3
Pool

Schools

Interior

Appliances
Range, Refrigerator
Bathrooms
3 Full Bathrooms
Flooring
Tile, Hardwood

Exterior

Community Features
Public Transportation, Shopping, Pool, Park, Laundromat, Highway Access, House of Worship, Marina, Public School, T-Station, University, Sidewalks

Financial

Net Operating Income
$100,200
Tax Year
2025
Taxes
$8,092

Map

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Property Summary

    32 Park St Salem MA is a Multi Family for sale in Salem, MA, 01970. It is listed for $950,000 To schedule a showing of MLS#73430491 at 32 Park 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
32 Park St
Salem, MA