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Landmark Mixed Use Building Located on Bustling North Street at the Doorstep of Downtown Salem and Salem Train Station. Fantastic Investment Property fulled leased offered at a 8 cap.

More Info

Basic Information

  • Contingency Pending P&S
  • Gross Income $79,860
  • Lot Features Level
  • Mls StatusUnder Agreement
  • Parcel Number M:26 L:0392,4078809

Tax Information

  • Tax Assessed Value $488,100
  • Tax Year 2025
  • Taxes$7,776

Parking

  • Parking Spaces1

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 2.5
  • Bedrooms4
  • Full Bath2
  • Half Baths1

Basic Information

  • List Price$699,000
  • MLS Number73377493
  • Modification Date05/30/2026
  • Property SubTypeMulti Family
  • Purchase Contract Date05/23/2025

Location

  • Address112 North Street
  • Building Number112
  • CountyEssex
  • StateMA
  • StreetNorth Street
  • TownSalem
  • Zip01970

Building

  • BasementPartial
  • Building Area Units Square Feet
  • FoundationIrregular
  • Levels 3
  • Rooms12
  • Stories3
  • Units2
  • Year Built1890
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.05

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 2,955
  • Lot Size Square Feet 2,104
  • Lot Size Units Acres
  • Square Feet2,955

Amenities

  • Other AmenitiesBasement

Legal

  • ZoningB1

Other

  • Buyer Agency Compensation2
  • Date Listed05/20/2025
  • Farm Land Area Units Square Feet
  • View Count5

Map Location

Driving Directions

Listed by Steven Belesis of Citylight Homes LLC

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