22 Prescott Street, Salem MA 01970
About this home
This 2-unit multi-family home offers a fantastic opportunity for a complete renovation or a condo conversion project. Ideal for investors, contractors or developers, this property has the potential to generate income as a rental or be transformed into two individual condo units, in a highly desirable Salem location. Just minutes from Salem’s vibrant shops, restaurants, art galleries, museums, beaches, hiking trails, campgrounds, as well as convenient commuter options via the rail and ferry. Don’t miss this chance to reimagine and revitalize a piece of Salem’s history. Whether you’re looking to create an income-generating property or sell custom condos, this is a rare opportunity to make your mark in one of New England’s most sought-after cities!
Sale Statistics
This property sold for 7.0% below the original asking price.
With only 6 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Interior Features
Exterior & Structure
Lot & Land
Parking & Garage
Utilities & Systems
Community & HOA
Financial & Tax Information
Additional Details
Location
Neighborhood
South Salem
22 Prescott Street, Salem MA 01970
Salem, MA 01970
Walkability
Schools
School information not available
Monthly Payment Calculator
Payment Breakdown
Property History
Market Insights
Property Timeline
Sold
May 1, 2025Listed for Sale
Jan 8, 2025| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/01/2025 | ✓ Sold | $650,000 | - | - | Property sold |
| 01/08/2025 | 🏠 Listed for Sale | $699,000 | - | - | Original listing |