For Rent
Price Drop -$200
Listed Jun 12, 2026 •
MLS# 73535139
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• Updated Oct 8, 2026
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About this home
Turn-key laundromat business opportunity available at 172 Salem St in Boston’s North End. Existing setup includes 8 commercial washers and 8 commercial dryers, folding stations, and customer service area in a high-density residential neighborhood with consistent foot traffic. Ideal opportunity for an owner-operator or investor looking to renovate, modernize, or reposition the existing laundry operation. Equipment and laundry systems may require upgrades or servicing. Asset sale includes existing equipment and lease transfe- the landlord already approved. Strong value-add potential in a prime urban location.
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Property History
Market Insights
1
Price Changes
5%
Price Range
Property Timeline
↓
Price Reduced
Oct 8, 2026
$3,800
$200
(-5%)
From $4,000 to $3,800 (-5.0%)
🏠
Listed for Rent
Jun 12, 2026
$4,000
Original listing
Agent: Qian ZhangOffice: Blue Ocean Realty, LLC
Date
Event
Price
Change
$/sqft
Details
10/08/2026
↓
Price Reduced
$3,800
$200
-
From $4,000 to $3,800 (-5.0%)
06/12/2026
🏠
Listed for Rent
$4,000
-
-
Original listing
Tax History
Year
Taxes
Assessment
9999
$999,999
—
Financial Details
Annual Property Tax
$999,999
Tax Year 9999
Facts & Features
Home Facts
TypeCommercial Lease
Year Built1899
Lot Size22.96 acres
Rental Details
Rent IncludesNone
Interior
HeatingNone
CoolingNone
FlooringNone
AppliancesNone
FireplaceNone
BasementNone
LaundryNone
FeaturesNone
Exterior
ConstructionNone
ArchitectureNone
RoofNone
FeaturesNone
PoolNone
SpaNone
FencingNone
Patio/PorchNone
Parking
FeaturesNone
Utilities
ElectricNone
WaterNone
SewerNone
GasNone
OtherNone
Building & Pet Policy
Fee IncludesNone
AmenitiesNone
Optional Fee IncludesNone
Additional Details
PossessionNone
Accepted FinancingNone
Structure Type[]
DocumentsNone
CountySuffolk
Property Overview
Listing Type
For Rent
Year Built
1899
Floor Layout
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:1899
Structure Type:
Exterior Materials:
Roof:
Foundation:
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School District
Boston School District local
C-
🎓Where Graduates GoClass of 2021
52%attend college
38%4-Year14%2-Year7%Out of State7%Working
⚠School Safety2024-25
3.7%Above Average
3.2%Suspensions0.3%In-School0.5%Emergency
↓
1.8% below state avg
E
Elementary Schools
10 schools
A
Eliot K-8 Innovation School
< 0.1 mi
|
#47 of 352 |
Score: 57.5
Improved 3 spots from last year
-0.7 below state avg
779 students
Diverse
Strong Attendance
Grades PK-08
St. John Elementary School
0.2 mi
Grades PK-08
C
Harvard-Kent Elementary School
0.7 mi
|
#594 of 825 |
Score: 41.1
Dropped 186 spots from last year
-17.1 below state avg
315 students
Very Diverse
Diverse Student Body
Grades PK-06
East Boston Central Catholic School
0.9 mi
Grades PK-08
B+
Alighieri Dante Montessori School
0.9 mi
|
#5 of 12 |
Score: 45.2
Improved 124 spots from last year
-13 below state avg
100 students
Diverse
Rising School
Strong Attendance
Grades PK-06
A-
Warren-Prescott K-8 School
0.9 mi
|
#86 of 352 |
Score: 50.9
Improved 3 spots from last year
-7.3 below state avg
544 students
Diverse
Strong Attendance
Grades PK-08
D
Adams Elementary School
1.0 mi
|
#770 of 825 |
Score: 31.0
Dropped 91 spots from last year
-27.2 below state avg
222 students
Moderate
Grades PK-06
Advent School
1.0 mi
Grades K-06
D
McKay K-8 School
1.1 mi
|
#332 of 352 |
Score: 27.4
Dropped 36 spots from last year
-30.8 below state avg
599 students
Less Diverse
Grades PK-08
C+
Mario Umana Academy
1.1 mi
|
#11 of 16 |
Score: 26.5
Improved 333 spots from last year
-31.7 below state avg
585 students
Less Diverse
Rising School
Grades PK-08
M
Middle Schools
10 schools
Middle School Academy
2.3 mi
F
Higginson/Lewis K-8 School
3.5 mi
|
#349 of 352 |
Score: 23.2
Improved 3 spots from last year
-35 below state avg
246 students
Diverse
Grades 03-08
Nativity Prep School
3.9 mi
Grades 05-08
A
Uncommon Schools - Roxbury Preparatory Dorchester Campus Middle School
3.9 mi
|
#4 of 16 |
Score: 42.5
Improved 187 spots from last year
-15.7 below state avg
1,225 students
Diverse
Rising School
College Ready Curriculum
Grades 05-08
Dearborn Middle School
4.3 mi
Mother Caroline Academy
4.3 mi
Grades 05-08
Epiphany School
5.1 mi
Grades 05-08
C
Ohrenberger School
8.7 mi
|
#266 of 352 |
Score: 35.0
Improved 19 spots from last year
-23.2 below state avg
458 students
Diverse
Diverse Student Body
Grades 03-08
Edwards Middle
1.1 mi
UP Academy
2.3 mi
H
High Schools
10 schools
D
Charlestown High School
1.0 mi
|
#319 of 346 |
Score: 32.9
Improved 52 spots from last year
-25.4 below state avg
646 students
Diverse
11 sports
• 488 athletes
Early College Program
Rising School
Grades 07-12
C
Quincy Upper School
1.4 mi
|
#279 of 346 |
Score: 44.4
Dropped 7 spots from last year
-13.8 below state avg
575 students
Very Diverse
12 sports
• 208 athletes
Diverse Student Body
Grades 06-12
C-
East Boston High School
1.5 mi
|
#300 of 346 |
Score: 38.2
Improved 36 spots from last year
-20 below state avg
1,181 students
Moderate
14 sports
• 584 athletes
Early College Program
Rising School
Grades 07-12
Newman School
1.7 mi
Grades 07-12
Cathedral High School
1.9 mi
9 sports
• 430 athletes
Grades 07-12
A-
O'Bryant School of Math & Science
3.0 mi
|
#90 of 346 |
Score: 61.6
Improved 94 spots from last year
+3.4 above state avg
1,518 students
Very Diverse
High Graduation Rate
Rising School
College Ready Curriculum
Diverse Student Body
Grades 07-12
B
Dearborn STEM Academy
3.1 mi
|
#13 of 25 |
Score: 33.4
Improved 356 spots from last year
-24.8 below state avg
565 students
Moderate
10 sports
• 242 athletes
Early College Program
Rising School
Grades 07-12
A+
Boston Latin School
3.1 mi
|
#20 of 346 |
Score: 73.7
Improved 60 spots from last year
+15.5 above state avg
2,382 students
Very Diverse
18 sports
• 2,006 athletes
Strong AP Program
High Graduation Rate
Rising School
Strong Athletics
Grades 07-12
C
Ruth Batson Academy
3.4 mi
|
#20 of 25 |
Score: 29.1
Improved 345 spots from last year
-29.1 below state avg
584 students
Diverse
8 sports
• 128 athletes
Early College Program
Rising School
Grades 07-12
A+
Boston Latin Academy
3.8 mi
|
#2 of 25 |
Score: 64.9
Improved 214 spots from last year
+6.7 above state avg
1,669 students
Very Diverse
17 sports
• 1,298 athletes
Strong AP Program
High Graduation Rate
Rising School
Strong Athletics
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.