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Selling a great two family, directly across from Salem State College. It has great potential with a third floor space. This could be a strong investment property

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Basic Information

  • Gross Income $62,400
  • Lot Features Steep Slope
  • Mls StatusUnder Agreement
  • Parcel Number M:33 L:0012,2134526
  • Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water)

Tax Information

  • Tax Assessed Value $668,800
  • Tax Year 2025
  • Taxes$7,584

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive
  • Parking Spaces4

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms4
  • Full Bath3

Basic Information

  • List Price$899,000
  • MLS Number73503621
  • Modification Date04/29/2026
  • Property SubTypeMulti Family
  • Purchase Contract Date04/29/2026

Location

  • Address34 Forest Avenue
  • Building Number34
  • CountyEssex
  • StateMA
  • StreetForest Avenue
  • TownSalem
  • Zip01970

Building

  • BasementFull
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FireplaceYes
  • Fireplaces Total 1
  • FoundationConcrete Perimeter
  • Levels 3
  • Patio And Porch Features Deck - Wood
  • Rooms13
  • Stories3
  • Units2
  • Year Built1920
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.11

Interior

  • Flooring Wood, Hardwood
  • Interior Features Ceiling Fan(s), Living Room, Kitchen

Utilities

  • Heat SystemYes
  • Heating Natural Gas
  • Sewer Public Sewer
  • Water Source Well

Property Information

  • Building Area Source Public Records
  • Living Area 3,192
  • Lot Size Square Feet 4,901
  • Lot Size Units Acres
  • Square Feet3,192

Amenities

  • Amenities
    • Bike Path
    • Conservation Area
    • Laundromat
    • Medical Facility
    • Public School
    • Public Transportation
    • Shopping
    • University
    • Walk/Jog Trails
  • Appliances IncludedRange, Refrigerator
  • Other AmenitiesBasement, Fireplace

Legal

  • ZoningB4

Other

  • Date Listed04/17/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Amy Elwell of MerryFox Realty

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