$535,000

About this home

**MASSIVE PRICE IMPROVEMENT! MOTIVATED SELLER!** Now offered at **$535,000** with **up to $10,000 in seller concessions** toward buyer closing costs, prepaid expenses, an interest rate buydown, and/or, if permitted, costs associated with the possible assumption of the existing solar panel loan. Value-packed equity opportunity in one of Salem's most sought-after locations! Perfectly situated in the heart of town, this home offers unbeatable convenience just minutes from top-rated schools, major commuter routes including I-93, shopping, restaurants, and entertainment at Tuscan Village. Whether you're commuting into Massachusetts or enjoying everything Salem has to offer, this central location is hard to beat. Inside, you'll find a spacious 14' x 20' structural rear addition featuring an updated kitchen with premium granite countertops. The home offers approximately 1,520 square feet of above-grade living space, plus an additional 960 square feet of finished lower-level space, providing endless possibilities for extended living, a home office, recreation room, gym, or additional flex space. Major updates provide added peace of mind, including a **roof replaced in 2016**, **oil tank replaced in 2016**, and a **furnace that is approximately five years old**. Outside, the expansive 27' x 22' carport easily accommodates multiple vehicles, while the **17-panel solar system installed in 2023** offers the opportunity for significant long-term energy savings. Even with the monthly solar payment, the current owners have consistently received electric bill credits that have helped offset utility costs, making the system a valuable feature rather than just an upgrade. Additional information, including the possibility of loan assumption for qualified buyers, is available upon request. With its significant price improvement, generous seller concessions, major mechanical updates, flexible living space, energy-saving solar system, and unbeatable Salem location, this home present

Property details

MLS

Prime MLS

MLS #

5093982

Property type

Single Family Residence

Subdivision

N/A

Status

Under contract

Days on market

37

On market date

N/A

Stories

N/A

Total bathrooms

2

Garage spaces

N/A

Parking spaces

N/A

Lot size

0.28 acres

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.