Discover this spacious 2-family home that has so much potential, featuring 4 bedrooms, with 2 bedrooms in each unit. Boasting impressive 9-foot ceilings, large porches, and hardwood floors, this property combines character with comfort. Additional highlights include a separate one-car garage, a good-sized yard, and a prime location close to the Kernwood Bridge and downtown Salem. The 3rd floor is unfinished but offers additional space to make your own (see photos). This property is perfect for investors or homeowners wanting to live in one unit while renting the other. Don't miss this opportunity to make this home your own.
Sale Statistics
Sale Overview
Original List Price:$650,000
Final Sale Price:$755,432
Difference:
+$105,432 (+16.2%)
Performance Metrics
116.2%
List to Sale Ratio
Sold above asking price
12
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$231
Sale $/sq ft:$269
This property sold for $269 per square foot
Sale Summary
This property sold for 16.2% above the original asking price, indicating strong buyer demand.
With only 12 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
1890
Bedrooms
4
Full Bathrooms
2
Living Area
2,810 sq ft
Total Rooms
10
Stories
2
Levels
2
Interior Features
Flooring
Hardwood
Heating
Forced Air, Oil, Steam
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Interior Features
Living Room, Kitchen, Family Room
Basement Details
Full
Exterior & Structure
Roof
Shingle
Foundation
Block
Exterior Features
Balcony
Has Spa
No
Waterfront Features
Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No
Lot & Land
Lot Size
0.18 acres
Lot Size
8,189 sq ft
Lot Size Area
0.1800
Road Frontage Type
Public
Parking & Garage
Garage Spaces
1
Has Garage
Yes
Total Non-Garage Parking Spaces
2
Parking Features
Paved Drive, Off Street
Covered Parking Spaces
1
Utilities & Systems
Water Source
Public
Sewer
Public Sewer
Community & HOA
Community Features
Public Transportation, Shopping
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$7,642
Tax Year
2024
Tax Assessed Value
$657,700
Parcel Number
2133364
Zoning
R
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Agent is related to sellers. Owner lives in one unit and the other unit is vacant. One oil tank has a magnet patch and can't be refilled with patch. Small amount of knob and tube wiring. See seller's statement for additional information on property. Property being sold as is.
Location
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Neighborhood
32 Walter Street, 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$637
Homeowners Insurance$200
PMI$0
Property History
Market Insights
14%
Price Range
13
Total Days on Market
Property Timeline
✓
Sold
Dec 18, 2024
$755,432
Property sold
Days on Market: 13
🏠
Listed for Sale
Oct 30, 2024
$650,000
Original listing
Agent: Rhiannan MulkernOffice: J. Barrett & Company