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25 Perkins St, Salem MA 01970

Salem, MA 01970
$1,099,000
Est. $6,750/month
9
Beds
3
Baths
5,313
Sq Ft
$207
Price/Sq Ft
0.09
Acres
1900
Year Built
3
Parking
14
Days on Market
Pending Listed Dec 1, 2025 • MLS# 73458448 Copied! • Updated Dec 17, 2025

About this home

Settle into a prime Salem location just a short stroll from Palmas Cove Club and within minutes of local dining spots, cultural attrations, Salem State University, and the vibrant downtown scene. A few doors away from the proposed redevelopment of Shetland Park (becoming publicly accessible open space and parks, including a 2/3-mile extension of the Salem Harbor Walk.) Eventful Octobers in Salem. Huge, traditional brick 3 decker! These units include 3 generously sized bedrooms, substantial closet storage, a comfortable living area, and eat in kitchen, along with a dedicated dining room hightlighted by classic wood detailing. Additional perks: hardwood flooring, ceiling fans, laundry hookups, both front and rear porches for all 3 units. All 3 units de-leaded. Units 2 & 3 are vacant, Unit 1 is a tenant at will. Three tandem parking spaces and nice sized back yard. Spacious basement storage. Don't delay, this definitely won't last long!

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

🏠
Listed for Sale
Dec 1, 2025
$1,099,000
Original listing
Agent: Andrea Satterwhite Office: Michael Anthony Real Estate
🏠
Listed for Sale
Dec 1, 2025
$1,099,000
Original listing
Agent: Andrea Satterwhite Office: Michael Anthony Real Estate

Tax History

Year Taxes Assessment
2025 $11,916 $1,041,400

Financial Details

Annual Property Tax
$11,916
Tax Year 2025
Assessed Value
$1,041,400

Facts & Features

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1900
Living Area 5,313 sq ft
Lot Size 0.09 acres
Bedrooms 9
Full Baths 3
Total Rooms 18

Investment Metrics

Units 3
Unit 1 Rent $3,000/mo · N
Unit 2 Rent — · N
Unit 3 Rent — · N
Total Monthly Rent $3,000/mo
Gross Income $36,000
Net Operating Income $36,000
Cap Rate 3.28%
Heating Baseboard, Natural Gas
Cooling Window Unit(s)
Flooring Wood, Vinyl, Carpet, Hardwood
Appliances Dishwasher
Fireplace None
Basement Partially Finished, Interior Entry, Concrete
Laundry Electric Dryer Hookup, Washer Hookup
Features Ceiling Fan(s), Storage, Bathroom With Tub & Shower, Walk-in Closet(s), Living Room, Dining Room, Kitchen, Laundry Room
Construction Brick
Architecture None
Roof Tar/gravel
Features Balcony/deck
Pool None
Spa None
Fencing None
Patio/Porch Covered
Features Paved Drive, Off Street, On Street, Common, Paved
Total Spaces 3
Electric 110 Volts, 220 Volts, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup, Varies Per Unit

Financial

Annual Tax $11,916
Assessed Value $1,041,400
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Seller Has Lead Certs For Units 1& 2.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 16 days

Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
9
Full Bathrooms
3
Living Area
5,313 sq ft
Total Rooms
18
Stories
4
Levels
4

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: Wood, Vinyl, Carpet, Hardwood
Appliances: Dishwasher
Interior Features: Ceiling Fan(s), Storage, Bathroom With Tub & Shower, Walk-In Closet(s), Living Room, Dining Room, Kitchen, Laundry Room
Windows:
Basement: Partially Finished, Interior Entry, Concrete
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Brick
Roof: Tar/Gravel
Foundation: Brick/Mortar
Stories: 4

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Cooling: Window Unit(s)
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony/Deck
Patio & Porch: Covered
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Paved Drive, Off Street, On Street, Common, Paved
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

3 schools
B-
Saltonstall School
0.3 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
0.9 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
0.9 mi
106 students Diverse
Diverse Student Body
Grades PK
M

Middle Schools

3 schools
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
B+
Village School
1.4 mi | #253 of 824 | Score: 52.3
Dropped 64 spots from last year
-5.9 below state avg
529 students Moderate
Grades 04-06
A-
Marblehead Veterans Middle School
1.8 mi | #83 of 352 | Score: 51.5
Dropped 30 spots from last year
-6.7 below state avg
411 students Less Diverse
Grades 07-08
H

High Schools

3 schools
B+
Salem Academy Charter School
< 0.1 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
1.4 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
A-
Marblehead High School
2.0 mi | #80 of 346 | Score: 62.1
Dropped 37 spots from last year
+3.9 above state avg
861 students Less Diverse
20 sports • 2,426 athletes
Strong AP Program High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-12
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Including down payment
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $993
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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

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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.

Location

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Neighborhood

25 Perkins St, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Andrea Satterwhite
Listing Office Michael Anthony Real Estate
Office Phone 617-257-1295
Agent MLS ID CN235800
Office MLS ID AN2071
Listing Data Updated Dec 17, 2025 11:16 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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Steven Novak
Steven Novak
BMN Boston Real Estate
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BMN Boston Real Estate

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