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17 Dow St, Salem MA 01970

Salem, MA 01970
$1,030,000
Est. $5,482/month
8
Beds
4
Baths
3,680
Sq Ft
$280
Price/Sq Ft
0.09
Acres
1935
Year Built
4 Family
Type
33
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73234660

About this home

Introducing a 4-family property on a corner lot with plenty of parking space! The cozy first floor units consist of one and two bedrooms, offering potential for increased rental income. The second-floor unit serves as the owner's residence featuring an open-concept layout with main and formal living room which could be transformed to a third bedroom. It has enclosed porch and laundry. The third-floor unit features a spacious kitchen, three bedrooms, and an enclosed porch. Outside, the fenced-in backyard provides a cozy retreat, complemented by a double driveway, a two-car garage with a side door entrance, and an attached shed. Full spacious basement with separate utilities, gas heating systems and hot water tanks for efficiency. Conveniently located just minutes from the city center, restaurants, the ocean, parks, schools, and public transportation. Don't miss the opportunity to own this rare property!

Sale Statistics

Sale Overview
Original List Price: $1,150,000
Final Sale Price: $1,030,000
Difference: $120,000 (-10.4%)
Performance Metrics
89.6%
List to Sale Ratio
Sold below asking price
33
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $313
Sale $/sq ft: $280
This property sold for $280 per square foot
Sale Summary

This property sold for 10.4% below the original asking price.

The property spent 33 days on market before selling.

Facts & Features

Property Overview

Property Type
4 Family
Property Category
Residential Income
Year Built
1935
Bedrooms
8
Full Bathrooms
4
Living Area
3,680 sq ft
Total Rooms
20
Stories
4
Levels
4

Interior Features

Flooring
Tile, Laminate, Hardwood
Has Fireplace
No
Laundry Features
Electric Dryer Hookup, Washer Hookup
Basement Details
Full, Bulkhead, Concrete
Window Features
Insulated Windows
Door Features
Insulated Doors, Storm Door(s)

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Block, Stone
Patio/Porch Features
Enclosed
Fencing
Fenced
Has Spa
No
View
City
Has View
Yes
Waterfront Features
Harbor, Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
0.09 acres
Lot Size
4,021 sq ft
Lot Size Area
0.0900
Lot Features
Corner Lot

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Total Non-Garage Parking Spaces
6
Parking Features
Off Street, Paved
Covered Parking Spaces
2

Utilities & Systems

Utilities Available
for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, for Electric Dryer, Washer Hookup, Varies per Unit
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Energy Efficient Features
Varies per Unit

Community & HOA

Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Public School, T-Station, University
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$8,451
Tax Year
2024
Tax Assessed Value
$727,300
Parcel Number
M:34 L:0306,2135771
Zoning
R3

Additional Details

Year Built Source
Public Records
Year Built Details
Actual,Unknown/Mixed
Disclosures
Sold as is. The 2nd floor unit is occupied by the owner and the rent listed for this unit is estimated. Units on the 1st floor could potentially rent for more. 3 out of 4 units have lead compliance (documents are in the MLS attachment section). Cameras on property (excluded from sale/negotiable)

Location

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Neighborhood

17 Dow St, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

Elementary School
Saltonstall
Rating information coming soon
Middle School
Collins
Rating information coming soon
High School
Salem High
Rating information coming soon

Monthly Payment Calculator

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%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $704
Homeowners Insurance $200
PMI $0

Property History

Market Insights

10.4%
Price Range
34
Total Days on Market

Property Timeline

✓
Sold
Jul 15, 2024
$1,030,000
Property sold
Days on Market: 34
🏠
Listed for Sale
May 8, 2024
$1,150,000
Original listing
Agent: Ernad Preldzic Office: RE/MAX 360

Price & Status History

Date Event Price Change
May 8, 2024 New Listing Added $1,150,000 —

Market Statistics

Days on Market
33 days
Price per Sq Ft
$280

Tax History

Year Taxes Assessment
2024 $8,451 $727,300

Financial Details

Annual Property Tax
$8,451
Tax Year 2024
Assessed Value
$727,300

Listing Information

Listing Agent Ernad Preldzic
Listing Office RE/MAX 360
Agent MLS ID BB809949
Office MLS ID AN6151

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