$2,400,000
About this home
Turnkey 8-unit investment opportunity in Salem. The Property consists of two four-family buildings deeded together, totaling eight (8) 2-bedroom units, along with 10 off-street parking spaces. Heat and hot water are included in rent. The property has been extensively updated, featuring renovated kitchens and baths with granite countertops and stainless steel appliances, updated electrical, a new roof on the Harbor Street building, and new insulation in both attics and walls. Additional highlights include basement storage and a clean, well-maintained condition, making this an ideal opportunity for investors seeking a low-maintenance, stabilized asset with upside through future rent optimization. See attached for the OM with detailed financials.
Property details
- MLS
- MLS Property Information Network
- MLS #
- 73490150
- Property type
- 5-9 Family
- Subdivision
- N/A
- Status
- Active
- Days on market
- 212
- On market date
- March 23, 2026
- Stories
- 2
- Total bathrooms
- 8
- Garage spaces
- N/A
- Parking spaces
- 10
- Lot size
- 0.22 acres
Location
Get directions →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.
- Enrollment
- 378
- Student:teacher ratio
- 10.5:1
- District
- Salem
- Enrollment
- 633
- Student:teacher ratio
- 11.1:1
- District
- Salem
- 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).
Market position
How this listing compares to current activity in Salem, from live MLS data.
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 22, 2026.
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.