23 Park, Salem MA 01970
Salem, MA 01970 • South Salem
$575,000
Est. $3,669/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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About this home
Great opportunity for investors, contractors, and owner-occupants! This two-family property offers approximately 2,400 sq. ft. total, with 12 rooms. The first-floor unit features 2 bedrooms, 1 bath, an eat-in kitchen, an update, and is currently occupied by a tenant. The second unit spans two floors with 4 bedrooms, with the potential to add more bathrooms and an update. Separate utilities for each unit. Each unit has its own washer and dryer in the basement. The property needs TLC and offers excellent potential to add value. Conveniently located near Salem State University, downtown Salem, public transportation, shopping, and Forest River Park. Situated in South Salem near yacht clubs, marinas, and historic maritime. Close to historic downtown Salem, local restaurants, shops, and the Salem commuter rail station. Don't miss this.Sold As Is
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Recently Sold Nearby
Price & Status History
Property Timeline
Listed for Sale
Nov 11, 2026
$575,000
Original listing
Agent: Zahra Zoglauer
Office: Coldwell Banker Realty - Boston
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 11/11/2026 | 🏠 Listed for Sale | $575,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $6,740 | $594,400 |
Financial Details
Annual Property Tax
$6,740
Tax Year 2026
Assessed Value
$594,400
Facts & Features
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Up/Down
Year Built
1915
Living Area
2,400 sq ft
Lot Size
0.02 acres
Stories
3
Bedrooms
6
Full Baths
2
Total Rooms
12
Investment Metrics
Units
2
Unit 1 Rent
$1,800/mo · Y
Unit 2 Rent
$2,500/mo · N
Total Monthly Rent
$4,300/mo
Gross Income
$51,600
Net Operating Income
$51,600
Cap Rate
8.97%
Interior
Heating
Natural Gas
Cooling
Window Unit(s)
Flooring
Wood
Appliances
Range, Refrigerator
Fireplace
None
Basement
Walk-out Access, Unfinished
Laundry
Electric Dryer Hookup
Features
Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
Exterior
Construction
Stone
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Enclosed
Parking
Features
On Street
Utilities
Electric
220 Volts
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range, For Electric Dryer
Financial
Annual Tax
$6,740
Assessed Value
$594,400
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Property Is Being Sold As Is, Need Tlc, Buyer And Buyer’s Agent To Verify Square Footage. Seller And Seller’s Agent Make No Representations Regarding Square Footage.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Other
Sq Ft Disclosures
Buyer and the gent do your due diligent regarding SQF, Seller and their agent make no representation
Documents
None
County
Essex
Total market time (incl. prior listings)
1 days
Property Overview
Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1915
Bedrooms
6
Full Bathrooms
2
Living Area
2,400 sq ft
Total Rooms
12
Stories
3
Levels
3
Floor Layout
Interior Features
Flooring:
Wood
Appliances:
Range, Refrigerator
Interior Features:
Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
Windows:
Basement:
Walk-Out Access, Unfinished
Laundry:
Electric Dryer Hookup
Security:
Construction & Materials
Year Built:
1915
Structure Type:
Exterior Materials:
Stone
Roof:
Shingle
Foundation:
Block, Stone
Stories:
3
Utilities & Systems
Heating:
Natural Gas
Cooling:
Window Unit(s)
Hot Water:
Natural Gas, Tankless
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Enclosed
Fencing:
Other Structures:
Lot Features:
Corner Lot
Road Surface:
Parking & Garage
Parking Features:
On Street
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
Elementary Schools
9 schools
The Phoenix School
1.4 mi
Grades PK-08
The Greenhouse School
2.0 mi
Grades PK-08
C+
Bentley Academy Innovation School
0.3 mi
|
#531 of 825
|
Score: 43.7
Improved 180 spots from last year
-14.5 below state avg
277 students
Moderate
Rising School
Grades PK-05
Salem Early Childhood School
0.3 mi
107 students
Diverse
Diverse Student Body
Grades PK
B-
Carlton School
0.6 mi
|
#470 of 825
|
Score: 45.5
Dropped 49 spots from last year
-12.7 below state avg
249 students
Diverse
Diverse Student Body
Grades K-05
C+
Saltonstall School
0.9 mi
|
#525 of 825
|
Score: 43.9
Improved 43 spots from last year
-14.3 below state avg
267 students
Diverse
Rising School
Diverse Student Body
Strong Attendance
Grades K-05
B+
Bates School
1.3 mi
|
#319 of 825
|
Score: 50.0
Improved 260 spots from last year
-8.2 below state avg
415 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
C
Horace Mann Laboratory School
1.8 mi
|
#654 of 825
|
Score: 38.1
Improved 67 spots from last year
-20.1 below state avg
320 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
B
Witchcraft Heights School
2.0 mi
|
#340 of 825
|
Score: 49.4
Improved 210 spots from last year
-8.8 below state avg
465 students
Diverse
Rising School
Diverse Student Body
Grades K-05
Middle Schools
1 school
B-
Collins Middle School
1.3 mi
|
#203 of 352
|
Score: 40.3
Improved 76 spots from last year
-17.9 below state avg
753 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
High Schools
2 schools
B+
Salem Academy Charter School
0.6 mi
|
#141 of 346
|
Score: 57.0
Improved 95 spots from last year
-1.2 below state avg
477 students
Diverse
10 sports
• 568 athletes
High Graduation Rate
Rising School
College Ready Curriculum
Grades 06-12
B+
Salem High School
1.9 mi
|
#124 of 346
|
Score: 58.3
Dropped 4 spots from last year
+0.1 above state avg
960 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
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
$562
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
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
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Neighborhood
South Salem
23 Park, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Zahra Zoglauer
Listing Office
Coldwell Banker Realty - Boston
Office Phone
617-266-4430
Agent MLS ID
CN200502
Office MLS ID
AN6192
Listing Data Updated
Nov 12, 2026 3:30 AM EST
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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