21 Laurel St, Salem MA 01970

Salem, MA 01970
$865,000
Est. $4,604/month
4
Beds
2
Baths
2,228
Sq Ft
$388
Price/Sq Ft
0.12
Acres
1870
Year Built
2 Family - 2 Units Up/Down
Type
19
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73385439

About this home

Welcome to 21 Laurel Street – a renovated 2-family home offering exceptional updates and investment potential, ideally situated just outside of historic downtown Salem. Fully renovated in 2021, this turn-key property features newer heating systems, hot water tanks, windows, and siding – plus the added benefit of lead compliance for both units. Each unit offers a thoughtfully designed 2-bedroom, 1-bath layout with in-unit laundry, central air conditioning, stylish finishes and hardwood flooring. One of the units also includes a bonus office space, perfect for remote work or additional living flexibility. Enjoy outstanding outdoor space including a large rear deck and a backyard. With four off-street parking spaces (two per unit), this property truly checks all the boxes. Now is your chance to own this beautifully updated multi-family home sited just moments from the north shore's top restaurants, shops, Salem State University, and the MBTA Commuter Rail for easy access to Boston.

Sale Statistics

Sale Overview
Original List Price: $849,000
Final Sale Price: $865,000
Difference: +$16,000 (+1.9%)
Performance Metrics
101.9%
List to Sale Ratio
Sold above asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $381
Sale $/sq ft: $388
This property sold for $388 per square foot
Sale Summary

This property sold for 1.9% above the original asking price, indicating strong buyer demand.

With only 19 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
2 Family - 2 Units Up/Down
Property Category
Residential Income
Year Built
1870
Bedrooms
4
Full Bathrooms
2
Living Area
2,228 sq ft
Total Rooms
8
Stories
2
Levels
2

Interior Features

Flooring
Hardwood
Has Fireplace
No
Basement Details
Unfinished
Window Features
Insulated Windows

Exterior & Structure

Foundation
Stone, Brick/Mortar
Patio/Porch Features
Deck
Fencing
Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.12 acres
Lot Size
5,249 sq ft
Lot Size Area
0.1200
Lot Features
Level

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
4
Parking Features
Paved Drive, Off Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

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

Financial & Tax Information

Annual Tax Amount
$7,414
Tax Year
2025
Tax Assessed Value
$653,800
Parcel Number
2134621
Zoning
B4

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
1) Unit 1 is leased for $2, 525 through 8/31/25. Unit 2 leased for $2, 595 through 3/31/26. 2) Property is located in a flood zone. Seller has a flood insurance quote in hand for $1, 455/year.
Exclusions
Tenant Personal Belongings

Location

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Neighborhood

21 Laurel St, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $618
Homeowners Insurance $200
PMI $0

Property History

Market Insights

1.8%
Price Range
21
Total Days on Market

Property Timeline

Sold
Jul 31, 2025
$865,000
Property sold
Days on Market: 21
🏠
Listed for Sale
Jun 4, 2025
$849,000
Original listing
Agent: Strobeck Antonell Bull Group Office: Compass

Price & Status History

Date Event Price Change
Jun 4, 2025 New Listing Added $849,000

Market Statistics

Days on Market
19 days
Price per Sq Ft
$388

Tax History

Year Taxes Assessment
2025 $7,414 $653,800

Financial Details

Annual Property Tax
$7,414
Tax Year 2025
Assessed Value
$653,800

Listing Information

Listing Agent Strobeck Antonell Bull Group
Listing Office Compass
Agent MLS ID TM343298
Office MLS ID AN2383

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