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35 Northey, Salem MA 01970 – 16 bed 8 bath For Sale – 73414098

$ 3,499,999
35 Northey, Salem MA 01970,

Overview

  • Updated On:
  • August 6, 2025
  • listingid
  • 73414098
  • 16 Bedrooms
  • 8 Bathrooms
  • 0 Garage Spaces
  • 12 Non-Garage Parking Spaces
  • 1890

Description

This 8 unit building offers everything a investor could want. Located at the end of a quiet street but less than a third of a mile to the Salem commons and all down town has to offer. This corner lot also abuts a city park with playground and plenty of green space. 6 of 8 units have been recently renovated with granite countertops, stainless steel appliances and fresh paint. The parking lot is newly blacktopped and new parking lines have been painted. The front steps and stoops have been repointed and newly painted. 12 off street assigned parking spots in back of building. Coin Op laundry in basement. Extra storage in basement. Heat and electric utilities are separated. Lead certificates are available for all units in building.

This property is listed by Matthew Sears from Aluxety

Property Listing Details

Overview

MLS Status
Price $ 3,499,999
Living Area 10,164.00 ft2
Bedrooms 16
Total Rooms 38
Listing MLS ID 73414098
Days on Market 0
Bathrooms 8

Unit Information

Bedrooms 16
Full Bathrooms 8
Half Bathrooms 0
Cooling
Heating Central
Uncovered Parking 12
Garage Parking 0
Water View Yes
Unit Level
Common Walls
Laundry Features
Lead Paint Certified Treated
Outdoor Space Available
Living Area Includes Basement Full
Patio And Porch Features Porch
Parking Features Off Street,Assigned
Waterview Features Bay,River
Flooring Wood,Hardwood

Building Information

Building Name
Units in Building 8
Pets Allowed
Association Amenities
Pool Features
Waterfront Features 1 to 2 Mile To Beach
Association Fee Includes
Construction Materials Frame
Year Built 1890
Security Features
Sewer Public Sewer
Spa Features
Structure Type
Water Source Public
Basement Full
Roof Shingle

Additional Details

Community Features Public Transportation,Shopping,Park,House of Worship
Disclosures 5 of 8 units are currently unoccupied. Rents listed above are projections. Lead Certs are available for all 8 units in building.
Last Updated August 6, 2025 at 03:52am
Building Area Source Public Records
MLS PIN Page
Parcel Number 2137132
Original List Price 3499999
Listing Office aluxety
Tax Annual Amount 22922
Tax Assessed Value 2021300
Tax Book Number 14419
Tax Year 2025
Year Built Details Actual,Renovated Since
Year Built Source Public Records
Zoning R2
Listing Agent matthew sears

Property Address

Address: 35 Northey, Salem MA 01970
City:
State/County:
Zip: 01970
Country: United States

Amenities and Features

Other Features
Dining Room
Dishwasher
Disposal
Freezer
Has Fireplace
Has Heating System
Kitchen
Lead Certification Available
Living Room
Range
Refrigerator
Stone/Granite/Solid Counters
Upgraded Cabinets
Upgraded Countertops

Payment Calculator

$ 20,054.08
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 16,787.41

Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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35 Northey, Salem MA 01970 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

Property Details

35 Northey, Salem MA 01970 – 16 bed 8 bath For Sale – 73414098

$ 3,499,999

Status:

35 Northey, Salem MA 01970, , , 01970

Country: United States

Property Overview

MLS #: 73414098

Type: /

Action:

Year Built: 1890 (Actual,Renovated Since, Source: Public Records, Effective: )

Living Area: 10,164.00 ft2 (Total: 10164 Square Feet, Source: Public Records)

Lot Size: 0.25 ft2 (Area: 0.25 Acres, SqFt: 10799)

Total Rooms: 38

Condition:

Availability:

Building Name:

Interior Features

Bedrooms: 16 (Main Level: )

Bathrooms: Total: 8 (Full: 8, Half: 0, Decimal: 8, Main Level: )

Basement: Full

Fireplaces: 1 ()

Flooring: Wood,Hardwood

Laundry:

Window Features:

Door Features:

Accessibility:

Entry: Level , Location:

Other Equipment:

Construction & Design

Style:

Materials: Frame

Foundation: Stone,Brick/Mortar (Area: )

Roof: Shingle

Stories: 7 (7)

Common Walls:

Body Type:

Utilities & Green Features

Heating: Central

Cooling:

Water Source: Public

Sewer: Public Sewer ()

Utilities:

Electric: (Expense: )

Gas:

Energy Certificate:

Green Energy Efficient:

Green Energy Generation:

Green Indoor Air Quality:

Green Water Conservation:

Insulation:

Exterior & Lot Features

Garage Spaces: 0

Covered Spaces: 0

Parking Total: 12

Parking Features: Off Street,Assigned

Pool:

Spa:

Patio/Porch: Porch

Fencing:

Lot Features: Corner Lot

View: (Bay,River, Waterview Y/N: Yes)

Waterfront: 1 to 2 Mile To Beach

Road Frontage: ()

Road Surface:

Road Responsibility:

Other Structures:

Horse Amenities:

Wooded Area:

Pasture Area:

Cultivated Area:

Additional Parcels: (Number: )

Outdoor Space:

Community & Association

Community Features: Public Transportation,Shopping,Park,House of Worship

Association Fee: ()

Fee Includes:

Association Amenities:

Pets Allowed:

Schools: E: , M: , H:

Zoning: R2 ()

MLS Area: Major: , Minor:

Management:

Optional Fee: (Includes: )

Property Description

This 8 unit building offers everything a investor could want. Located at the end of a quiet street but less than a third of a mile to the Salem commons and all down town has to offer. This corner lot also abuts a city park with playground and plenty of green space. 6 of 8 units have been recently renovated with granite countertops, stainless steel appliances and fresh paint. The parking lot is newly blacktopped and new parking lines have been painted. The front steps and stoops have been repointed and newly painted. 12 off street assigned parking spots in back of building. Coin Op laundry in basement. Extra storage in basement. Heat and electric utilities are separated. Lead certificates are available for all units in building.

Room Details

Living Room (): x ( sqft) - Features:

Dining Room (): x ( sqft) - Features:

Kitchen (): x ( sqft) - Features:

Master Bedroom (): x ( sqft) - Features:

Master Bathroom: Features:

Laundry Dimensions:

Multi-Unit Information (if applicable)

Total Units: 8

Units Owner Occupied:

Unit 1: Beds: 1, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 2400, Lease: N

Unit 2: Beds: 3, Full Baths: 1, Half Baths: 0, Levels: 2, Rent: 3500, Lease: N

Unit 3: Beds: 1, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 2400, Lease:

Unit 4: Beds: 3, Full Baths: 1, Half Baths: 0, Levels: 2, Rent: 3500, Lease: N

Complex Complete:

Unit Building:

Financial & Lease Information

Tax Annual Amount: 22922 (Year: 2025)

Tax Assessed Value: 2021300

Tax Block/Lot/Book/Map: / / 14419 /

Parcel Number: 2137132

Special Licenses:

Current Financing:

Gross Income: 99600 (Scheduled: )

Net Operating Income: 99600

Operating Expense: (Water/Sewer: , Insurance: )

Financial Data Source: Estimated,Projected

APOD Available: Yes

Tenant Pays:

Rent Includes: Unit 1(Water),Unit 2(Water),Unit 3(Water),Unit 4(Water)

Total Actual Rent: 11800

Lease Term: (Existing Type: )

Deposit Required: (Security: , First Month: , Last Month: )

Insurance Required:

References Required:

Listing & Agent Information

Listing Agent: Matthew Sears (MLS ID: CN222989) / Team:

Listing Office: Aluxety (MLS ID: AN8387)

Agent (Property): 369593

Buyer Agent MLS ID:

Buyer Office MLS ID:

Listing Agreement: Exclusive Right To Sell

Listing Contract Date: 2025-08-05

Expiration Date: 1900-01-01

Original List Price: 3499999

Price Per SqFt (List): 344.35

Market Time (Property): 0 (Broker: 0, Prev Broker: 0, Prev Property: 0)

MLS Status: New

Possession:

Directions: Bridge st, Northey St. Building is last building on the left before the city park.

Disclosures: 5 of 8 units are currently unoccupied. Rents listed above are projections. Lead Certs are available for all 8 units in building., Y

Lead Paint: Certified Treated

Title 5:

Exclusions:

Contingency:

Special Listing Conditions:

Lender Owned:

Short Sale Lender Approval Required:

Home Warranty Y/N:

Documents Available: (Count: )

Showings Deferral Date:

Open House Flag:

Listing Alert: No

Square Feet Disclosures: (Incl. Base: No, Other: )

Master Book/Page: / (Page: 235)

Sale Information (if applicable)

Close Date:

Close Price:

Price Per SqFt (Sold):

Anticipated Sold Date:

Concessions Amount:

Purchase Contract Date:

Sold vs Rent:

System Information

Property ID: 2317327

Modification Timestamp: August 6, 2025 at 03:52am

Bridge Modification Timestamp: August 6, 2025 at 03:53am

Original Entry Timestamp: August 6, 2025 at 03:52am

Status Change Timestamp: August 6, 2025 at 03:52am

Off Market Date:

Development Status:

Business Type:

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