41 Salem St, Salem MA 01970 – 13 bed 6 bath For Sale – 73340304
Overview
- Updated On:
- March 18, 2025
-
- 73340304
- 13 Bedrooms
- 6 Bathrooms
- 0 Garage Spaces
- 0 Non-Garage Parking Spaces
- 1915
Description
41 Salem Street is a three-story residential investment property. The unit matrix consists of one (1), 1-Bedroom/1-Bathroom unit, three (3), 2-Bedroom/1-Bathroom units, and two (2), 3-Bedroom/1-Bathroom units in 5,320 square feet of living area on a .072-acre parcel. All units have updated kitchens with granite countertops and dishwashers. The Property is separately metered for electric, and electric heat, which the tenants pay directly. The Landlord is responsible for common area electric, gas-fired hot water, and domestic water and sewer. The Property is well-located on Salem Street, just over a half-mile away from Salem’s Historic Downtown with easy access to public transportation and numerous retail amenities. Salem is located 15 miles along the north shore from Downtown Boston, a major draw for many of the city’s residents.
This property is listed by Stephen Girolamo from Horvath & Tremblay
Property Listing Details
Overview
| MLS Status | Pending |
|---|---|
| Price | $ 1,500,000 |
| Living Area | 5,320.00 ft2 |
| Bedrooms | 13 |
| Total Rooms | 23 |
|---|---|
| Listing MLS ID | 73340304 |
| Days on Market | 15 |
| Bathrooms | 6 |
Unit Information
| Bedrooms | 13 |
|---|---|
| Full Bathrooms | 6 |
| Half Bathrooms | 0 |
| Cooling | |
| Heating | |
| Uncovered Parking | 0 |
| Garage Parking | 0 |
| Water View | |
| Unit Level |
| Common Walls | |
|---|---|
| Laundry Features | |
| Lead Paint | Unknown |
| Outdoor Space Available | |
| Living Area Includes Basement | Unfinished |
| Patio And Porch Features | |
| Parking Features | |
| Waterview Features | |
| Flooring |
Building Information
| Building Name | |
|---|---|
| Units in Building | 6 |
| Pets Allowed | |
| Association Amenities | |
| Pool Features | |
| Waterfront Features | Beach Front,1/2 to 1 Mile To Beach |
| Association Fee Includes | |
| Construction Materials |
| Year Built | 1915 |
|---|---|
| Security Features | |
| Sewer | Public Sewer |
| Spa Features | |
| Structure Type | |
| Water Source | Public |
| Basement | Unfinished |
| Roof | Slate |
Additional Details
| Community Features | Public Transportation,Shopping,Pool,Tennis Court(s),Park,Walk/Jog Trails,Golf,Medical Facility,Laundromat,Bike Path,House of Worship,Marina,Private School,Public School,T-Station,University |
|---|---|
| Disclosures | 40 Park Unit 3 is currently vacant. Rent is set to market. |
| Last Updated | 2025-03-18T20:18:00.000Z |
| Building Area Source | Public Records |
| MLS PIN Page | |
| Parcel Number | 2135689 |
| Original List Price | 1500000 |
| Listing Office | horvath & tremblay |
| Tax Annual Amount | 15794 |
|---|---|
| Tax Assessed Value | 1380000 |
| Tax Book Number | 40693 |
| Tax Year | 25 |
| Year Built Details | Approximate |
| Year Built Source | Public Records |
| Zoning | R3 |
| Listing Agent | stephen girolamo |
Amenities and Features
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41 Salem St, 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.
41 Salem St, Salem MA 01970 – 13 bed 6 bath For Sale – 73340304
$ 1,500,000
Status: Pending
41 Salem St, Salem MA 01970, Salem, , Essex 01970
Country: United States
Property Overview
MLS #: 73340304
Type: 5-9 Family /
Action: Residential Income
Year Built: 1915 (Approximate, Source: Public Records, Effective: )
Living Area: 5,320.00 ft2 (Total: 5320 Square Feet, Source: Public Records)
Lot Size: 0.07 ft2 (Area: 0.07 Acres, SqFt: 3049)
Total Rooms: 23
Condition:
Availability:
Building Name:
Interior Features
Bedrooms: 13 (Main Level: )
Bathrooms: Total: 6 (Full: 6, Half: 0, Decimal: 6, Main Level: )
Basement: Unfinished
Fireplaces: 0 ()
Flooring:
Laundry:
Window Features:
Door Features:
Accessibility:
Entry: Level , Location:
Other Equipment:
Construction & Design
Style:
Materials:
Foundation: Other (Area: )
Roof: Slate
Stories: 3 (3)
Common Walls:
Body Type:
Utilities & Green Features
Heating:
Cooling:
Water Source: Public
Sewer: Public Sewer ()
Utilities:
Electric: Individually Metered (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: 0
Parking Features:
Pool:
Spa:
Patio/Porch:
Fencing:
Lot Features: Other
View: (, Waterview Y/N: )
Waterfront: Beach Front,1/2 to 1 Mile To Beach
Road Frontage: Public ()
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,Pool,Tennis Court(s),Park,Walk/Jog Trails,Golf,Medical Facility,Laundromat,Bike Path,House of Worship,Marina,Private School,Public School,T-Station,University
Association Fee: ()
Fee Includes:
Association Amenities:
Pets Allowed:
Schools: E: , M: , H:
Zoning: R3 ()
MLS Area: Major: , Minor:
Management:
Optional Fee: (Includes: )
Property Description
41 Salem Street is a three-story residential investment property. The unit matrix consists of one (1), 1-Bedroom/1-Bathroom unit, three (3), 2-Bedroom/1-Bathroom units, and two (2), 3-Bedroom/1-Bathroom units in 5,320 square feet of living area on a .072-acre parcel. All units have updated kitchens with granite countertops and dishwashers. The Property is separately metered for electric, and electric heat, which the tenants pay directly. The Landlord is responsible for common area electric, gas-fired hot water, and domestic water and sewer. The Property is well-located on Salem Street, just over a half-mile away from Salem’s Historic Downtown with easy access to public transportation and numerous retail amenities. Salem is located 15 miles along the north shore from Downtown Boston, a major draw for many of the city’s residents.
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: 6
Units Owner Occupied:
Unit 1: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1725, Lease: N
Unit 2: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1730, Lease: Y
Unit 3: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:
Unit 4: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:
Complex Complete:
Unit Building:
Financial & Lease Information
Tax Annual Amount: 15794 (Year: 25)
Tax Assessed Value: 1380000
Tax Block/Lot/Book/Map: / / 40693 /
Parcel Number: 2135689
Special Licenses:
Current Financing:
Gross Income: 136920 (Scheduled: )
Net Operating Income: 87373
Operating Expense: 49547 (Water/Sewer: , Insurance: )
Financial Data Source:
APOD Available: Yes
Tenant Pays:
Rent Includes: Unit 1(Water,Hot Water),Unit 2(Water,Hot Water)
Total Actual Rent: 11410
Lease Term: (Existing Type: )
Deposit Required: (Security: , First Month: , Last Month: )
Insurance Required:
References Required:
Listing & Agent Information
Listing Agent: Stephen Girolamo (MLS ID: CN227795) / Team:
Listing Office: Horvath & Tremblay (MLS ID: AN2723)
Agent (Property): 57
Buyer Agent MLS ID:
Buyer Office MLS ID:
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2025-03-03
Expiration Date: 1900-01-01
Original List Price: 1500000
Price Per SqFt (List): 281.95
Market Time (Property): 15 (Broker: 15, Prev Broker: 0, Prev Property: 0)
MLS Status: Under Agreement
Possession:
Directions: Please use GPS
Disclosures: 40 Park Unit 3 is currently vacant. Rent is set to market., N
Lead Paint: Unknown
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: 335)
Sale Information (if applicable)
Close Date:
Close Price:
Price Per SqFt (Sold):
Anticipated Sold Date: 2025-05-28T04:00:00.000Z
Concessions Amount:
Purchase Contract Date: 2025-03-18
Sold vs Rent:
System Information
Property ID: 1903735
Modification Timestamp: 2025-03-18T20:18:00.000Z
Bridge Modification Timestamp: 2025-03-18T20:20:57.552Z
Original Entry Timestamp: 2025-03-03T16:04:00.000Z
Status Change Timestamp: 2025-03-18T20:18:00.000Z
Off Market Date: 2025-03-18
Development Status:
Business Type:
