BMN Boston

Get our mobile app!

Download on the App Store
(617) 955-2224
112 North St, Salem MA 01970 - Preview 1 112 North St, Salem MA 01970 - Preview 2 112 North St, Salem MA 01970 - Preview 3 112 North St, Salem MA 01970 - Preview 4 112 North St, Salem MA 01970 - Preview 5 112 North St, Salem MA 01970 - Preview 6 112 North St, Salem MA 01970 - Preview 7 112 North St, Salem MA 01970 - Preview 8 112 North St, Salem MA 01970 - Preview 9 112 North St, Salem MA 01970 - Preview 10 112 North St, Salem MA 01970 - Preview 11 112 North St, Salem MA 01970 - Preview 12 112 North St, Salem MA 01970 - Preview 13 112 North St, Salem MA 01970 - Preview 14 112 North St, Salem MA 01970 - Preview 15 112 North St, Salem MA 01970 - Preview 16 112 North St, Salem MA 01970 - Preview 17 112 North St, Salem MA 01970 - Preview 18 112 North St, Salem MA 01970 - Preview 19 112 North St, Salem MA 01970 - Preview 20 112 North St, Salem MA 01970 - Preview 21 112 North St, Salem MA 01970 - Preview 22 112 North St, Salem MA 01970 - Preview 23 112 North St, Salem MA 01970 - Preview 24 112 North St, Salem MA 01970 - Preview 25 112 North St, Salem MA 01970 - Preview 26 112 North St, Salem MA 01970 - Preview 27 112 North St, Salem MA 01970 - Preview 28 112 North St, Salem MA 01970 - Preview 29
112 North St, Salem MA 01970 - Preview 1 112 North St, Salem MA 01970 - Preview 2 112 North St, Salem MA 01970 - Preview 3 112 North St, Salem MA 01970 - Preview 4 112 North St, Salem MA 01970 - Preview 5 112 North St, Salem MA 01970 - Preview 6 112 North St, Salem MA 01970 - Preview 7 112 North St, Salem MA 01970 - Preview 8 112 North St, Salem MA 01970 - Preview 9 112 North St, Salem MA 01970 - Preview 10 112 North St, Salem MA 01970 - Preview 11 112 North St, Salem MA 01970 - Preview 12 112 North St, Salem MA 01970 - Preview 13 112 North St, Salem MA 01970 - Preview 14 112 North St, Salem MA 01970 - Preview 15 112 North St, Salem MA 01970 - Preview 16 112 North St, Salem MA 01970 - Preview 17 112 North St, Salem MA 01970 - Preview 18 112 North St, Salem MA 01970 - Preview 19 112 North St, Salem MA 01970 - Preview 20 112 North St, Salem MA 01970 - Preview 21 112 North St, Salem MA 01970 - Preview 22 112 North St, Salem MA 01970 - Preview 23 112 North St, Salem MA 01970 - Preview 24 112 North St, Salem MA 01970 - Preview 25 112 North St, Salem MA 01970 - Preview 26 112 North St, Salem MA 01970 - Preview 27 112 North St, Salem MA 01970 - Preview 28 112 North St, Salem MA 01970 - Preview 29

112 North St, Salem MA 01970

Salem, MA 01970
$699,000
Est. $4,383/month
4
Beds
2.5
Baths
2,955
Sq Ft
$237
Price/Sq Ft
0.05
Acres
1890
Year Built
1
Parking
Multi Family
Type
20
Days on Market
Pending Listed May 19, 2025 • MLS# 73377493 Copied! • Updated Jul 14, 2026

About this home

Landmark Mixed Use Building Located on Bustling North Street at the Doorstep of Downtown Salem and Salem Train Station. Fantastic Investment Property fulled leased offered at a 8 cap.

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan to download BMN Boston app Scan with phone
Get the full experience in the BMN Boston app

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
May 20, 2025
$699,000
Original listing
Agent: Steven Belesis Office: Citylight Homes LLC

Tax History

Year Taxes Assessment
2025 $7,776 $488,100

Financial Details

Annual Property Tax
$7,776
Tax Year 2025
Assessed Value
$488,100

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1890
Living Area 2,955 sq ft
Lot Size 0.05 acres
Bedrooms 4
Full Baths 2
Half Baths 1
Total Rooms 12

Investment Metrics

Units 2
Unit 1 Rent $2,060/mo · Y
Unit 2 Rent $4,595/mo · Y
Total Monthly Rent $6,655/mo
Gross Income $79,860
Net Operating Income $79,860
Cap Rate 11.42%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Partial
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $7,776
Assessed Value $488,100
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures This Is A Mixed Use Property With Commercial Tenant On First Floor And1 Residential Townhouse Unit Above. Also Listed As A Commercial Property. Landlord Pays Utilities For Residential Tenant.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 23 days

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1890
Bedrooms
4
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,955 sq ft
Total Rooms
12
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Partial
Laundry:
Security:

Construction & Materials

Year Built: 1890
Structure Type:
Exterior Materials:
Roof:
Foundation: Irregular
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features:
School District
Salem School District local
B-
⚠ School Safety 2024-25
3.6% Above Average
2.3% Suspensions 0.8% In-School 1.3% Emergency
↓ 1.9% below state avg
E

Elementary Schools

9 schools
The Phoenix School
0.7 mi
Grades PK-08
The Greenhouse School
2.1 mi
Grades PK-08
B+
Bates School
0.6 mi | #325 of 824 | Score: 50.0
Improved 254 spots from last year
-8.2 below state avg
410 students Diverse
Rising School Diverse Student Body
Grades PK-05
B-
Carlton School
0.6 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
B-
Saltonstall School
1.1 mi | #460 of 824 | Score: 45.8
Improved 108 spots from last year
-12.4 below state avg
412 students Diverse
Rising School
Grades K-05
C+
Bentley Academy Innovation School
1.1 mi | #568 of 824 | Score: 42.3
Improved 143 spots from last year
-16 below state avg
286 students Moderate
Rising School
Grades PK-05
Salem Early Childhood School
1.1 mi
106 students Diverse
Diverse Student Body
Grades PK
B
Witchcraft Heights School
1.2 mi | #388 of 824 | Score: 48.1
Improved 162 spots from last year
-10.1 below state avg
455 students Diverse
Rising School Diverse Student Body
Grades K-05
C-
Horace Mann Laboratory School
1.5 mi | #671 of 824 | Score: 37.4
Improved 50 spots from last year
-20.8 below state avg
293 students Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

1 school
C+
Collins Middle School
0.9 mi | #219 of 352 | Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

2 schools
B+
Salem Academy Charter School
1.0 mi | #139 of 346 | Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
B
Salem High School
1.6 mi | #144 of 346 | Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $648
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

Loading map...

Neighborhood

112 North St, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Steven Belesis
Listing Office Citylight Homes LLC
Office Phone 978-977-0050
Agent MLS ID BB954597
Office MLS ID AN6617
Listing Data Updated Jul 14, 2026 7:23 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steven Novak
Steven Novak
BMN Boston Real Estate
(617) 955-2224 mail@steve-novak.com
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

112 North St, Salem MA 01970 - Photo 1 112 North St, Salem MA 01970 - Photo 2 112 North St, Salem MA 01970 - Photo 3 112 North St, Salem MA 01970 - Photo 4 112 North St, Salem MA 01970 - Photo 5 112 North St, Salem MA 01970 - Photo 6 112 North St, Salem MA 01970 - Photo 7 112 North St, Salem MA 01970 - Photo 8 112 North St, Salem MA 01970 - Photo 9 112 North St, Salem MA 01970 - Photo 10 112 North St, Salem MA 01970 - Photo 11 112 North St, Salem MA 01970 - Photo 12 112 North St, Salem MA 01970 - Photo 13 112 North St, Salem MA 01970 - Photo 14 112 North St, Salem MA 01970 - Photo 15 112 North St, Salem MA 01970 - Photo 16 112 North St, Salem MA 01970 - Photo 17 112 North St, Salem MA 01970 - Photo 18 112 North St, Salem MA 01970 - Photo 19 112 North St, Salem MA 01970 - Photo 20 112 North St, Salem MA 01970 - Photo 21 112 North St, Salem MA 01970 - Photo 22 112 North St, Salem MA 01970 - Photo 23 112 North St, Salem MA 01970 - Photo 24 112 North St, Salem MA 01970 - Photo 25 112 North St, Salem MA 01970 - Photo 26 112 North St, Salem MA 01970 - Photo 27 112 North St, Salem MA 01970 - Photo 28 112 North St, Salem MA 01970 - Photo 29
Steven Novak

Steven Novak

BMN Boston Real Estate

Your message will be sent to Steven Novak.

Schedule a Tour