11 Summer St, Salem MA 01970

Salem, MA 01970

$2,500,000

Est. $13,595/month

10

Beds

6

Baths

6,744

Sq Ft

$371

Price/Sq Ft

0.30

Acres

1870

Year Built

5-9 Family

Type

36

Days on Market

Pending Listed Oct 4, 2022 • MLS# 73044002 Copied!

About this home

Six family home with close to 7,000 sq. ft. of living space, on the biggest lot in downtown Salem, next to the Salem Inn. This property is zoned mixed use, so could have commercial and residential space. Great potential for further development. The house needs to be renovated. 10 garages and a large workshop above which could be converted into more units.

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Property Overview

Property Type

5-9 Family

Listing Type

For Sale

Year Built

1870

Bedrooms

10

Full Bathrooms

6

Living Area

6,744 sq ft

Total Rooms

27

Stories

5

Levels

5

Facts & Features

10 Car Garage

Home Facts

Type Residential Income

Style 5-9 Family

Year Built 1870

Living Area 6,744 sq ft

Lot Size 0.30 acres

Bedrooms 10

Full Baths 6

Total Rooms 27

Interior

Heating Natural Gas

Cooling None

Flooring Varies, Hardwood

Appliances None

Fireplace None

Basement Full, Walk-out Access, Interior Entry, Sump Pump, Unfinished

Laundry Electric Dryer Hookup

Features Living Room, Kitchen, Office/den

Exterior

Construction Frame

Architecture None

Roof Shingle, Tar/gravel, Rubber

Features None

Pool None

Spa None

Fencing None

Patio/Porch Porch

Parking

Garage Spaces 10

Has Garage Yes

Features Off Street

Total Spaces 38

Utilities

Electric Circuit Breakers

Water Public

Sewer Public Sewer

Gas None

Other For Gas Range, For Electric Dryer

Financial

Annual Tax $9,045

Assessed Value $588,100

Interior Features

Flooring: Varies, Hardwood

Appliances:

Interior Features: Living Room, Kitchen, Office/Den

Windows:

Basement: Full, Walk-Out Access, Interior Entry, Sump Pump, Unfinished

Laundry: Electric Dryer Hookup

Security:

Construction & Materials

Year Built: 1870

Structure Type:

Exterior Materials: Frame

Roof: Shingle, Tar/Gravel, Rubber

Foundation: Irregular

Stories: 5

Heating, Cooling & Utilities

Heating: Natural Gas

Heating Zones: 6

Cooling: None

Hot Water: Natural Gas

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch: Porch

Fencing:

Other Structures:

Lot Features: Level

Road Surface: Paved

Parking & Garage

Garage Spaces: 10

Total Parking Spaces: 38

Parking Features: Off Street

Location

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Neighborhood

11 Summer St, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

School District

Salem School District local

B-

⚠ School Safety 2024-25

3.6% Above Average

2.3% Suspensions 0.8% In-School 1.3% Emergency

↓ 1.9% below state avg

E

Elementary Schools

3 schools

B-

Saltonstall School

0.6 mi | #460 of 824 | Score: 45.8

Improved 108 spots from last year

-12.4 below state avg

412 students Diverse

Rising School

Grades K-05

The Phoenix School

0.6 mi

Grades PK-08

B-

Carlton School

0.9 mi | #468 of 824 | Score: 45.6

Dropped 47 spots from last year

-12.6 below state avg

247 students Diverse

Grades K-05

M

Middle Schools

2 schools

C+

Collins Middle School

0.6 mi | #219 of 352 | Score: 39.5

Improved 60 spots from last year

-18.7 below state avg

611 students Diverse

Rising School Diverse Student Body

Grades 06-08

B+

Village School

2.0 mi | #253 of 824 | Score: 52.3

Dropped 64 spots from last year

-5.9 below state avg

529 students Moderate

Grades 04-06

H

High Schools

3 schools

B+

Salem Academy Charter School

0.7 mi | #139 of 346 | Score: 56.7

Improved 97 spots from last year

-1.5 below state avg

480 students Diverse

10 sports • 568 athletes

High Graduation Rate Rising School College Ready Curriculum

Grades 06-12

B

Salem High School

1.2 mi | #144 of 346 | Score: 56.1

Dropped 24 spots from last year

-2.1 below state avg

952 students Diverse

18 sports • 1,080 athletes

Early College Program Career Tech Programs College Ready Curriculum Strong Athletics

Grades 09-12

Bishop Fenwick High School

1.5 mi

17 sports • 1,390 athletes

Strong Athletics

Grades 09-12

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Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

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Property History

Market Insights

Property Timeline

🏠

Listed for Sale

Oct 4, 2022

$2,500,000

Original listing

Agent: Heather Klosowski Office: Heather Klosowski Real Estate

🏠

Listed for Sale

Oct 4, 2022

$2,500,000

Original listing

Agent: Heather Klosowski Office: Heather Klosowski Real Estate

Date	Event	Price	Change	$/sqft	Details
10/04/2022	🏠 Listed for Sale	$2,500,000	-	-	Original listing
10/04/2022	🏠 Listed for Sale	$2,500,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Oct 4, 2022	New Listing Added	$2,500,000	—
Oct 4, 2022	New Listing Added	$2,500,000	—

Market Statistics

Days on Market

36 days

Price per Sq Ft

$371

Tax History

Year	Taxes	Assessment
2018	$9,045	$588,100

Financial Details

Annual Property Tax

$9,045

Tax Year 2018

Assessed Value

$588,100

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11 Summer St, Salem MA 01970

About this home

Property Overview

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Location

Neighborhood

Walkability

Nearby Schools

Elementary Schools

Middle Schools

High Schools

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Monthly Payment Breakdown

Loan Summary

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Market Insights

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Listed for Sale

Listed for Sale

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