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17 Salem StreetSalem, MA 01970Sale Price: $1,185,000

  • Sale Price: $1,185,000
  • 760 Days Since Sale
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Federal 30-year interest rate: 6.52% last updated on Jun 11, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,185,000Sale Price
  • 7Bathrooms
  • 0.08Acreage
  • 6,480Square Feet
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Projected Income $10,300 mo/ $123,600 annually. Well renovated, mixed use building in Thriving Salem, MA. Extensively renovated in 2021, Fire sprinkler system. 15 min walk to T Stop/Downtown. 5 mins to Pickering Wharf. Upgraded sep. elec, new heat & a/c. 2 res. units (have not been rented). Both well-updated res w sep elec. 1 res unit: 6 rooms/ 4 bedrooms w new central a/c, new heat, laundry rm, 2 bthrms (1 in main bdrm). Projected rent: $3k per month. Other unit: 5 rooms/ 3 bdrms w new central a/c, new heat, laundry room, 2 bthrms (1 in main bdrm). Projected rent: $2800+ per month. Each of the 3 commercial spaces, have new bthrms & a/c. Tenanted by 2 Churches (TAW's) who have been tens for a while & would like to stay. 1 church rents 2 units (17 Salem), $3k a mo. + utils. Other Church rents 1 unit $1500 + utils. 17 Salem has 4 finished/unhtd rms in the bsmnt. Add heat for an additional 828 sq ft. Please include in offer:Buyer will cooperate if Seller elects to sell as a 1031 exchange

Property Details of 17 Salem Street

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Listed by Gary Blattberg of RE/MAX 360

Listing Sold by Centre Realty Group

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