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Bring your vision and tools to 33 Walter Street! Nestled in a highly desirable Salem neighborhood, this classic 1800s multi-family home features 2 distinct units, offering a total of 5 bedrooms and 2 bathrooms across over 2,100 square feet of living space. The property sits on a fantastic, spacious 8,712-square-foot lot with plenty of outdoor potential.This property is in need of a complete top-to-bottom rehabilitation and is being sold strictly AS-IS. Whether you choose to bring this historic multi-family back to its former glory or reimagine the space entirely, the potential return on investment in this market is undeniable.Perfect for seasoned contractors, flippers, or portfolio builders looking for their next major project. Due to the condition of the home, this is a CASH-ONLY sale.

More Info

Basic Information

  • Lot Features Level
  • Mls StatusNew
  • Parcel Number M:0027 B:0343 L:0000,2133317

Tax Information

  • Tax Assessed Value $551,800
  • Tax Year 2026
  • Taxes$5,948

Parking

  • Parking Spaces2

Rooms

  • Bathroom2
  • Bathrooms Total Decimal 2
  • Bedrooms5
  • Full Bath2

Basic Information

  • List Price$399,900
  • MLS Number73578801
  • Modification Date09/17/2026
  • Property SubTypeMulti Family

Location

  • Address33 Walter Street
  • Building Number33
  • CountyEssex
  • StateMA
  • StreetWalter Street
  • TownSalem
  • Zip01970

Building

  • Building Area Units Square Feet
  • Construction Materials Frame
  • FireplaceYes
  • Fireplaces Total 2
  • FoundationStone
  • Levels 2
  • Patio And Porch Features Deck
  • Rooms9
  • Stories2
  • Units2
  • Year Built1800
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.2

Interior

  • Interior Features Living Room, Kitchen

Exterior

  • RoofShingle

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 2,123
  • Lot Size Square Feet 8,851
  • Lot Size Units Acres
  • Square Feet2,123

Amenities

  • Other AmenitiesFireplace

Legal

  • ZoningR2

Other

  • Date Listed09/17/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by James Bourque of Diamond Key Real Estate

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