3 Linden St, Salem MA 01970

Salem, MA 01970 • Forest River
$760,000
Est. $4,045/month
5
Beds
2
Baths
2,541
Sq Ft
$299
Price/Sq Ft
0.21
Acres
1870
Year Built
Multi Family
Type
12
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73154235

About this home

2 family with off street parking up to 6 cars. Walk to train, downtown, Forest river Park, Salem University, PEM, Pickering wharf, restaurants and grocery store. Rents below market. Both units have a deck. Both units have washer and dryer hook ups in basement connected to their units electrical. Property has a great rental history. Roof is slate and has had some repairs. Back of house is asphalt shingles and is 3 yrs old roof. The gas fired heating systems are 10 yrs old. Hot water tanks are 2 years old. Third floor has a bedroom and a family room with an additional room for storage all heated. Owners have never lived in premises. One owner is a licensed real estate agent.

Sale Statistics

Sale Overview
Original List Price: $775,000
Final Sale Price: $760,000
Difference: $15,000 (-1.9%)
Performance Metrics
98.1%
List to Sale Ratio
Sold below asking price
12
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $305
Sale $/sq ft: $299
This property sold for $299 per square foot
Sale Summary

This property sold for 1.9% below the original asking price.

With only 12 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Multi Family
Property Category
Residential Income
Year Built
1870
Bedrooms
5
Full Bathrooms
2
Living Area
2,541 sq ft
Total Rooms
10
Stories
3
Levels
3

Interior Features

Flooring
Wood, Tile, Vinyl, Carpet, Varies, Vinyl / VCT, Hardwood, Stone/Ceramic Tile
Heating
Baseboard, Natural Gas, Hot Water
Has Heating
Yes
Has Fireplace
Yes
Number of Fireplaces
3
Appliances
Range, Dishwasher, Disposal, Refrigerator
Interior Features
Ceiling Fan(s), Pantry, Storage, Bathroom With Tub & Shower, Floored Attic, Walk-Up Attic, Heated Attic, Living Room, Kitchen, Family Room
Laundry Features
Washer Hookup, Dryer Hookup, Electric Dryer Hookup
Window Features
Insulated Windows, Storm Window(s)
Door Features
Insulated Doors, Storm Door(s)

Exterior & Structure

Construction Materials
Frame
Roof
Shingle, Slate
Foundation
Stone
Exterior Features
Balcony/Deck, Rain Gutters, Varies per Unit
Patio/Porch Features
Deck, Covered
Has Spa
No
Waterfront Features
Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
0.21 acres
Lot Size
9,000 sq ft
Lot Size Area
0.2100
Lot Features
Easements, Level
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
6
Parking Features
Off Street

Utilities & Systems

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

Community & HOA

Community Features
Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, Public School, T-Station, University
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,480
Tax Year
2023
Tax Assessed Value
$518,000
Parcel Number
M:33 L:0350,2134933
Zoning
R
Financial Data Source
Owner

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Sold "AS IS".Driveway is an easement " to be recorded " to house behind. Tenants are both TAW. Updated deed found in Bk 41203/Pg 395
Exclusions
One Set Of Washer And Dryer Belong To Tenants

Location

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Neighborhood

Forest River

3 Linden 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 $540
Homeowners Insurance $200
PMI $0

Property History

Market Insights

1.9%
Price Range
223
Total Days on Market

Property Timeline

Sold
Nov 3, 2023
$760,000
Property sold
Days on Market: 223
🏠
Listed for Sale
Sep 1, 2023
$775,000
Original listing
Office: Century 21 North East

Price & Status History

Date Event Price Change
Sep 1, 2023 New Listing Added $775,000

Market Statistics

Days on Market
12 days
Price per Sq Ft
$299

Tax History

Year Taxes Assessment
2023 $6,480 $518,000

Financial Details

Annual Property Tax
$6,480
Tax Year 2023
Assessed Value
$518,000

Listing Information

Listing Agent Kathie Strout
Listing Office Century 21 North East
Agent MLS ID C0001650
Office MLS ID AN4339

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