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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.

More Info

Basic Information

  • Gross Income $90,000
  • Mls StatusNew
  • Parcel Number 2133882

Tax Information

  • Tax Assessed Value $836,800
  • Tax Year 2026
  • Taxes$10,188

Parking

  • Covered Spaces 2
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Paved Drive
  • Parking Spaces10

Rooms

  • Bathroom6
  • Bathrooms Total Decimal 6
  • Bedrooms6
  • Full Bath6

Basic Information

  • List Price$950,000
  • MLS Number73598408
  • Modification Date11/03/2026
  • Property SubTypeMulti Family

Location

  • Address249 Loring Avenue
  • Building Number249
  • CountyEssex
  • NeighborhoodSouth Salem
  • StateMA
  • StreetLoring Avenue
  • SubdivisionSouth Salem
  • TownSalem
  • Zip01970

Building

  • BasementFull
  • Building Area Units Square Feet
  • FoundationConcrete Perimeter
  • Garage Spaces2
  • Levels 2
  • Rooms16
  • Stories2
  • Units2
  • Year Built1930
  • Year Built Details Actual
  • Year Built Source Owner

Property

  • Acreage0.13

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Owner
  • Living Area 3,342
  • Lot Size Square Feet 5,606
  • Lot Size Units Acres
  • Square Feet3,342

Amenities

  • AmenitiesPublic Transportation, Shopping, Park, Medical Facility
  • Other AmenitiesBasement

Legal

  • ZoningR 1

Other

  • Date Listed11/04/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Alexander Barmin of Averbuch Realty

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