112 North St, Salem MA 01970

Salem, MA 01970

$699,000

Est. $4,383/month

Beds

2.5

Baths

2,955

Sq Ft

$237

Price/Sq Ft

0.05

Acres

1890

Year Built

Parking

Multi Family

Type

Days on Market

Pending Listed May 19, 2025 • MLS# 73377493 Copied! • Updated May 30, 2026

About this home

Landmark Mixed Use Building Located on Bustling North Street at the Doorstep of Downtown Salem and Salem Train Station. Fantastic Investment Property fulled leased offered at a 8 cap.

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

🏠

Listed for Sale

May 20, 2025

$699,000

Original listing

Agent: Steven Belesis Office: Citylight Homes LLC

🏠

Listed for Sale

May 20, 2025

$699,000

Original listing

Agent: Steven Belesis Office: Citylight Homes LLC

Date	Event	Price	Change	$/sqft	Details
05/20/2025	🏠 Listed for Sale	$699,000	-	-	Original listing
05/20/2025	🏠 Listed for Sale	$699,000	-	-	Original listing

Tax History

Year	Taxes	Assessment
2025	$7,776	$488,100

Financial Details

Annual Property Tax

$7,776

Tax Year 2025

Assessed Value

$488,100

Facts & Features

Home Facts

Type Residential Income

Style Multi Family

Year Built 1890

Living Area 2,955 sq ft

Lot Size 0.05 acres

Bedrooms 4

Full Baths 2

Half Baths 1

Total Rooms 12

Investment Metrics

Units 2

Unit 1 Rent $2,060/mo · Y

Unit 2 Rent $4,595/mo · Y

Total Monthly Rent $6,655/mo

Gross Income $79,860

Net Operating Income $79,860

Cap Rate 11.42%

Interior

Heating None

Cooling None

Flooring None

Appliances None

Fireplace None

Basement Partial

Laundry None

Features None

Exterior

Construction None

Architecture None

Roof None

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features None

Total Spaces 1

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $7,776

Assessed Value $488,100

HOA & Community

Fee Includes None

Amenities None

Optional Fee Includes None

MA Disclosures

Seller Disclosures This Is A Mixed Use Property With Commercial Tenant On First Floor And1 Residential Townhouse Unit Above. Also Listed As A Commercial Property. Landlord Pays Utilities For Residential Tenant.

Additional Details

Possession None

Accepted Financing None

Structure Type []

Sq Ft Source Public Record

Documents None

County Essex

Total market time (incl. prior listings) 23 days

Property Overview

Property Type

Multi Family

Listing Type

For Sale

Year Built

1890

Bedrooms

Full Bathrooms

Half Bathrooms

Living Area

2,955 sq ft

Total Rooms

Stories

Levels

Room Details

Other Floor

Bathroom1

Bedroom5

Bedroom4

Bedroom3

Dining Room

Kitchen

Bathroom2

Bedroom2

Living Room

Bathroom3

Master Bedroom

Office

Family Room

Master Bathroom

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement: Partial

Laundry:

Security:

Construction & Materials

Year Built: 1890

Structure Type:

Exterior Materials:

Roof:

Foundation: Irregular

Stories: 3

Heating, Cooling & Utilities

Heating:

Cooling:

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

Other Structures:

Lot Features: Level

Road Surface:

Parking & Garage

Total Parking Spaces: 1

Parking Features:

Nearby Schools

School information not available for this location.

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Loan Amount

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Total Interest

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Total Cost

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Down Payment

Down: $0

Interest Rate

Loan Term

Monthly Payment Breakdown

Principal & Interest $0

Property Tax $648

Homeowners Insurance $200

PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0

Total principal paid $0

Total interest paid $0

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Payment Over Time

Interest

Principal

Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

112 North St, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Steven Belesis

Listing Office Citylight Homes LLC

Office Phone 978-977-0050

Agent MLS ID BB954597

Office MLS ID AN6617

Listing Data Updated May 30, 2026 11:06 AM EDT

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 800 - 9008 contact@bmnboston.com

Ask about this property — free, no obligation.

112 North St, Salem MA 01970

About this home

Public Records & Permits

Recently Sold Nearby

Market Insights

Property Timeline

Listed for Sale

Listed for Sale

Tax History

Home Facts

Investment Metrics

Interior

Exterior

Parking

Utilities

Financial

HOA & Community

MA Disclosures

Additional Details

Property Overview

Other Floor

Monthly Payment Breakdown

Loan Summary

Rate Impact

Payment Over Time

Neighborhood

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112 North St, Salem MA 01970

About this home

Public Records & Permits

BMN Estimate

Recently Sold Nearby

Property History

Market Insights

Property Timeline

Listed for Sale

Listed for Sale

Detailed History Table ▼

Tax History

Financial Details

Facts & Features

Home Facts

Investment Metrics

Interior

Exterior

Parking

Utilities

Financial

HOA & Community

MA Disclosures

Additional Details

Property Overview

Room Details

Other Floor

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Nearby Schools

Monthly Payment Calculator

Monthly Payment Breakdown

Loan Summary

Rate Impact

Payment Over Time

Location

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Listing Information

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