2 Family - 2 Units Up/Down at 249 Loring Ave, Salem MA 01970, Salem
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21 photos

$950,000

249 Loring Ave, Salem MA 01970
Salem, MA 01970
Listed by Alexander Barmin
Bedrooms
6
Bathrooms
6
Living area
3,342 sqft
Year built
1930

About this home

Great investment or owner occupied opportunity! Two oversized two-level apartments in a highly desired area of Salem. Property located close to Swampscott Line and Salem State University. Each apartment includes three bedrooms, living room, dining room, office, kitchen, three full bathrooms, hallway. Second floor has a similar floor plan. Both with hardwood floors. Recent updates: house painted outside and inside, 2 new separate gas heating systems, 6 car parking plus 2 garages. All separate utilities.

Property details

MLS #
73542504
Property type
2 Family - 2 Units Up/Down
Subdivision
N/A
Status
Active
Days on market
104
On market date
June 26, 2026
Stories
4
Total bathrooms
6
Garage spaces
2
Parking spaces
8
Lot size
0.13 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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Glover
0.77 mi away · Grades -1-3
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
304
Student:teacher ratio
10.5:1
District
Marblehead
Middle
Swampscott Middle
1.5 mi away · Grades 5-8
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
682
Student:teacher ratio
10.8:1
District
Swampscott
High
Salem High
1.21 mi away · Grades 9-12
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
803
Student:teacher ratio
8.2:1
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). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

79
Walkable
out of 100
EPA National Walkability Index
15.0 / 20 -- Above average walkable
Google Places amenity density
85 / 100
Restaurants & cafes20
Grocery stores1
Parks12
Schools11
Transit stops20
Pharmacies3

Market position

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

On the market 104 days -- 9 more days than Salem's current average of 95 days.
For reference, the median list price across 392 active listings in Salem right now is $407,500.

Mortgage calculator

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

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Est. monthly payment
$5,871/mo
$190,000 down
$760,000 loan
Principal & interest$4,929
Property tax (est.)$792
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 11 days 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.