7 May St, Salem MA 01970
Salem, MA 01970
$575,000
Est. $3,680/month
About this home
Contractor Dream: Take advantage of this spacious, freshly painted, sun-filled, six-bedroom, two-family, three-level home on a one-way street. Large living room, eat-in kitchen, ample bedrooms, Updated Bathroom, brand-new refrigerator, dishwasher, microwave, oven, separate door to third level, and extra storage space. Hardwood floors throughout, plenty of New windows that bring in lots of natural light, a New roof, and a beautiful, fenced shared yard for enjoyment. Potential for creating parking spaces; corner lot; close to downtown, restaurants, coffee shops, and public transportation. Property sold as is.
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Recently Sold Nearby
Property History
Market Insights
Property Timeline
Status: Active under contract
Jul 11, 2026
Active → Active Under Contract
Listed for Sale
Jul 11, 2026
$575,000
Original listing
Agent: Zahra Zoglauer
Office: Coldwell Banker Realty - Boston
Pending Sale
Jul 11, 2026
Offer accepted, sale pending
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/11/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 07/11/2026 | 🏠 Listed for Sale | $575,000 | - | - | Original listing |
| 07/11/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $6,875 | $637,800 |
Financial Details
Annual Property Tax
$6,875
Tax Year 2025
Assessed Value
$637,800
Facts & Features
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Up/Down
Year Built
1920
Living Area
2,052 sq ft
Lot Size
0.10 acres
Bedrooms
2
Full Baths
2
Total Rooms
11
Investment Metrics
Units
2
Unit 1 Rent
$2,500/mo · N
Unit 2 Rent
$2,500/mo · N
Total Monthly Rent
$5,000/mo
Gross Income
$60,000
Net Operating Income
$60,000
Cap Rate
10.43%
Interior
Heating
None
Cooling
None
Flooring
Hardwood
Appliances
None
Fireplace
None
Basement
Walk-out Access, Unfinished
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Enclosed
Parking
Features
On Street
Utilities
Electric
110 Volts
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range
Financial
Annual Tax
$6,875
Assessed Value
$637,800
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Seller Disclosures
Sold As Is, The Buyer Shall Conduct Their Own Due Diligence. The Seller And The Sellers Agent Make No Representations Or Warranties Regarding The Accuracy Or Completeness Of Any Information Provided
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Other
Documents
None
County
Essex
Total market time (incl. prior listings)
10 days
Property Overview
Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1920
Bedrooms
2
Full Bathrooms
2
Living Area
2,052 sq ft
Total Rooms
11
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,052 sq ft above grade
Display Options
Outdoor Areas
Patio & porchEnclosed
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Hardwood
Appliances:
Interior Features:
Windows:
Insulated Windows
Basement:
Walk-Out Access, Unfinished
Laundry:
Security:
Construction & Materials
Year Built:
1920
Structure Type:
Exterior Materials:
Roof:
Shingle
Foundation:
Stone
Stories:
3
Heating, Cooling & Utilities
Heating:
Heating Zones:
2
Cooling:
Hot Water:
Oil, Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Enclosed
Fencing:
Other Structures:
Lot Features:
Corner Lot, Level
Road Surface:
Parking & Garage
Parking Features:
On Street
Nearby Schools
School information not available for this location.
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
$573
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
7 May St, 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
Jul 22, 2026 3:30 AM EDT
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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