3 Family at 32 Park St, Salem MA 01970
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26 photos

$829,000

32 Park St, Salem MA 01970
Salem, MA 01970
Listed by Farrar Realty Group
Bedrooms
9
Bathrooms
3
Living area
2,345 sqft
Year built
1915

About this home

Great opportunity to own a three-family home in a prime Salem location! 32 Park Street offers three bedrooms and one full bathroom in each unit, with hardwood floors, gas heat, granite countertops and exterior vinyl siding that is in excellent condition. With a strong rental history, this property is an appealing option for investors or buyers looking to live in one unit while collecting rent from the others. Enjoy nearby parks, beaches, a kayak launch, and marinas, along with convenient access to historic Salem Common, the commuter rail and downtown Salem’s restaurants, shops, museums, and waterfront attractions. Rich in history and close to so much of what makes Salem a great place to live, this property brings together rental income potential and a location with plenty to offer. Join us for one of the open houses this weekend or schedule a private showing today.

Property details

MLS
MLS Property Information Network
MLS #
73592387
Property type
3 Family
Subdivision
N/A
Status
Active
Days on market
1
On market date
October 19, 2026
Stories
3
Total bathrooms
3
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.04 acres
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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.

Elementary
Saltonstall School
0.21 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
378
Student:teacher ratio
10.5:1
District
Salem
Middle
Collins Middle
0.74 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
633
Student:teacher ratio
11.1:1
District
Salem
HighCharter
Salem Academy Charter School
0.18 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
495
Student:teacher ratio
10.3:1
District
Salem Academy Charter (District)

Walkability

Blended score for Salem's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

89
Highly walkable
out of 100
EPA National Walkability Index
16.3 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores13
Parks20
Schools20
Transit stops20
Pharmacies5

Market position

How this listing compares to current activity in Salem, from live MLS data.

On the market 1 days -- 101 fewer days than Salem's current average of 102 days.
For reference, the median list price across 397 active listings in Salem right now is $410,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$5,142/mo
$165,800 down
$663,200 loan
Principal & interest$4,302
Property tax (est.)$691
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 18 hr ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.