INNOVATE Real Estate
2 Family - 2 Units Up/Down at 17 Nursery Street, Salem MA 01970, Salem
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42 photos

$650,000

17 Nursery Street, Salem MA 01970
Salem, MA 01970
Listed by Katie DiVirgilio
Bedrooms
4
Bathrooms
2
Living area
2,405 sqft
Year built
1890

About this home

2 Family! Opportunity awaits at 17 Nursery Street in historic Salem! Family-owned for over 50 years, this spacious 10-room, 2,405 sq. ft. 2 family home offers a flexible layout and plenty of potential for an owner-occupant, investor, or multi-generational living. The first-floor unit features a 1+ bedroom layout, while the second and third floors combine to create a spacious 4+ bedroom layout. Outside, enjoy a level 3,441 sq. ft. yard, a detached 2-car garage, and additional off-street parking for approximately 3 vehicles. Spacious dry basement with an additional bathroom, ready for ideas to expand the first level. Situated among well-kept and renovated homes, this property offers a convenient location just steps from McGlew Park and close to the North Street bus line, Bishop Fenwick, downtown Salem, shopping, dining, schools, and area amenities. This property offers the next owner an opportunity to bring their own vision and updates to a generously sized home in one of Salem’s established neighborhoods. Seller has not lived in the property for over 20 years; it is being sold in as-is condition. Do not delay; this will not last even in this market!

Property details

MLS
MLS Property Information Network
MLS #
73590876
Property type
2 Family - 2 Units Up/Down
Subdivision
N/A
Status
Active
Days on market
1
On market date
October 14, 2026
Stories
3
Total bathrooms
2
Garage spaces
2
Parking spaces
4
Lot size
0.07 acres

Location

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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
Bates
0.19 mi away · Grades -1-5
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
354
Student:teacher ratio
11.1:1
District
Salem
Middle
Collins Middle
1.2 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
High
Salem Prep High School
0.97 mi away · Grades 8-12
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
17
Student:teacher ratio
4.3:1
District
Salem

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). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

62
Walkable
out of 100
EPA National Walkability Index
12.3 / 20 -- Above average walkable

Market position

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

On the market 1 days -- 97 fewer days than Salem's current average of 98 days.
For reference, the median list price across 401 active listings in Salem right now is $420,000.

Mortgage calculator

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Est. monthly payment
$4,064/mo
$130,000 down
$520,000 loan
Principal & interest$3,373
Property tax (est.)$542
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 8 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.