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16 Pleasant Street, Salem MA 01970

Salem, MA 01970
$825,000
Est. $5,038/month
6
Beds
2
Baths
2,622
Sq Ft
$315
Price/Sq Ft
0.08
Acres
1860
Year Built
32
Days on Market
Pending Listed Apr 30, 2026 • MLS# 73510442 Copied!

About this home

Exceptional opportunity to purchase this unoccupied two family in a highly desirable Salem location. This property features two spacious units with flexible 2-3 bed layouts. Both units feature classic hardwood floors and multiple fireplaces adding warmth and character. Unbeatable location just moments from Salem Common, Collins Cove, vibrant downtown and .8 miles to the Salem MBTA Depot. Additional features include two car off street parking, easy to maintain outdoor space, full basement with laundry hookups and a walk up attic. Property is vacant and ready to generate income!

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Public Records

Current Owner

Owner FORTY TWO NORTH PROPERTIES LLC
Mailing Address FORTY TWO NORTH PROPERTIES LLC, BEVERLY, MA, 01915

Land Use

Use Code 104
Description Two-Family
Zoning R2
Style Muiti-Gard2F

Tax Information

Assessed Value $705,200

Assessment History

Year Land Building Total Change
FY2026 $198,500 $506,400 $705,200

Sale History

Date Price Book/Page
Mar 21, 2025 $591,000 42624/59

Building Permit History

No building permits on record since 2023.

Data: Town of Salem

Municipal Context: SALEM

Property Data Comparison

Discrepancies found between MLS and assessor records.

Field Assessor MLS Match
Sqft 5,022 2,622
Year built 1,860 1,860
Match: address_exact (95.0% confidence) · Data as of Jun 1, 2026

Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1860
Bedrooms
6
Full Bathrooms
2
Living Area
2,622 sq ft
Total Rooms
13
Stories
2
Levels
2

Facts & Features

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1860
Living Area 2,622 sq ft
Lot Size 0.08 acres
Bedrooms 6
Full Baths 2
Total Rooms 13

Interior

Heating None
Cooling None
Flooring Tile, Vinyl, Hardwood
Appliances Washer, Dryer, Range, Refrigerator, Freezer
Fireplace None
Fireplaces 4
Basement Full, Interior Entry, Bulkhead, Unfinished
Laundry Electric Dryer Hookup, Washer Hookup
Features Laundry Room, Bathroom With Tub & Shower, Kitchen, Living Rm/dining Rm Combo

Exterior

Construction Frame
Architecture None
Roof Shingle, Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street, Paved
Total Spaces 2

Utilities

Electric 100 Amp Service, Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Range, For Electric Dryer, Washer Hookup, Varies Per Unit

Financial

Annual Tax $7,997
Assessed Value $705,200

Interior Features

Flooring: Tile, Vinyl, Hardwood
Appliances: Washer, Dryer, Range, Refrigerator, Freezer
Interior Features: Laundry Room, Bathroom With Tub & Shower, Kitchen, Living RM/Dining RM Combo
Windows:
Basement: Full, Interior Entry, Bulkhead, Unfinished
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1860
Structure Type:
Exterior Materials: Frame
Roof: Shingle, Rubber
Foundation: Stone
Stories: 2

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas, Tank
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Paved

Special Features

Fireplaces: 4
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School, T-Station, University

Location

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Neighborhood

16 Pleasant Street, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

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
1.1 mi
Grades PK-08
The Greenhouse School
2.0 mi
Grades PK-08
B-
Carlton School
0.3 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
C+
Bentley Academy Innovation School
0.5 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
0.5 mi
106 students Diverse
Diverse Student Body
Grades PK
B-
Saltonstall School
0.9 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
B+
Bates School
1.0 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
C-
Horace Mann Laboratory School
1.7 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
B
Witchcraft Heights School
1.7 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
M

Middle Schools

1 school
C+
Collins Middle School
1.2 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
0.7 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
1.8 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
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Monthly Payment Calculator

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

Principal & Interest $0
Property Tax $666
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

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Current Rate
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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.

Property History

Market Insights

Property Timeline

📋
Status: Active under contract
May 6, 2026
Active → Active Under Contract
Pending Sale
May 5, 2026
Offer accepted, sale pending
🏠
Listed for Sale
Apr 30, 2026
$825,000
Original listing
Agent: James Finn Office: James A. Finn & Sons

Price & Status History

Date Event Price Change
May 6, 2026 Status: Active under contract $0
Apr 30, 2026 New Listing Added $825,000

Market Statistics

Days on Market
32 days
Price per Sq Ft
$315

Tax History

Year Taxes Assessment
2025 $7,997 $705,200

Financial Details

Annual Property Tax
$7,997
Tax Year 2025
Assessed Value
$705,200

Listing Information

Listing Agent James Finn
Listing Office James A. Finn & Sons
Agent MLS ID CN214326
Office MLS ID C63900
Listing Data Updated Jun 3, 2026 3:30 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Salem, MA

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