Three-bedroom, 2.5-bath home offering approximately 1,602 square feet PLUS a separate, detached two-bedroom home—all on one lot! This unique layout offers potential for an in-law living arrangement or the opportunity to live in one home and generate rental income from the other, subject to applicable requirements. Located at 86–88 Summer Street, both residences feature private entrances, independent living spaces, and no shared walls. The larger home at 88 Summer Street offers 3 bedrooms and 2.5 bathrooms, while 86 Summer Street provides approximately 830 square feet with 2 bedrooms and 1 full bathroom. Both homes need improvements, presenting an opportunity to build equity through renovation and bring your vision to life. Six off-street parking spaces, with rear access from Downing Street, add exceptional convenience in downtown Salem. Conveniently located near restaurants, shops, the waterfront, and commuter rail service to Boston. Two detached homes with flexible living options and income potential!

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Basic Information

Bedrooms3
Mls StatusNew
Bathroom3
Parcel Number M:0025 B:0494 L:0000,4078891

Tax Information

Tax Assessed Value $857,300
Tax Year 2026
Taxes$9,242

Parking

Parking Spaces6
Open Parking YN Yes
Parking Features Paved Drive, Off Street

Rooms

Bathrooms Total Decimal 2.5
Full Bath2
Half Baths1

Basic Information

List Price$675,000
MLS Number73600589
Modification Date11/11/2026
Property SubTypeSingle Family Residence

Location

Address86-88 Summer Street
Building Number86-88
CountyEssex
StateMA
StreetSummer Street
TownSalem
Zip01970

Building

BasementFull, Unfinished
Building Area Units Square Feet
Construction Materials Frame
FoundationConcrete Perimeter, Stone
Property StyleOther (See Remarks)
Rooms5
Year Built1870
Year Built Details Approximate
Year Built Source Public Records

Property

Acreage0.23

Exterior

RoofShingle

Utilities

Heat SystemYes
Heating Oil
Sewer Public Sewer
Water Source Public

Property Information

Square Feet2,432
Building Area Source Public Records
Living Area 2,432
Lot Size Square Feet 10,071
Lot Size Units Acres

Amenities

Amenities
- Medical Facility
- Public School
- Public Transportation
- Shopping
- T-Station
- University

Legal

ZoningB1

Other

Date Listed11/10/2026
Farm Land Area Units Square Feet

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Newton, MA

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Newton, MA