33 Walter St, Salem MA 01970

Salem, MA 01970
$399,900
Est. $2,718/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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5
Beds
2
Baths
2,123
Sq Ft
$188
Price/Sq Ft
0.20
Acres
1800
Year Built
2
Parking
3 hours 46 minutes
Time on Market
For Sale Open House Listed Sep 17, 2026 • MLS# 73578801 Copied! • Updated Sep 17, 2026

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Open House Schedule

19
Sep
Saturday, September 19
10:00 AM - 12:00 PM EDT

About this home

Bring your vision and tools to 33 Walter Street! Nestled in a highly desirable Salem neighborhood, this classic 1800s multi-family home features 2 distinct units, offering a total of 5 bedrooms and 2 bathrooms across over 2,100 square feet of living space. The property sits on a fantastic, spacious 8,712-square-foot lot with plenty of outdoor potential.This property is in need of a complete top-to-bottom rehabilitation and is being sold strictly AS-IS. Whether you choose to bring this historic multi-family back to its former glory or reimagine the space entirely, the potential return on investment in this market is undeniable.Perfect for seasoned contractors, flippers, or portfolio builders looking for their next major project. Due to the condition of the home, this is a CASH-ONLY sale.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Sep 17, 2026
$399,900
Original listing
Agent: James Bourque Office: Diamond Key Real Estate

Tax History

Year Taxes Assessment
2026 $5,948 $551,800

Financial Details

Annual Property Tax
$5,948
Tax Year 2026
Assessed Value
$551,800

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1800
Living Area 2,123 sq ft
Lot Size 0.20 acres
Stories 2
Bedrooms 5
Full Baths 2
Total Rooms 9

Investment Metrics

Units 2
Unit 1 Rent — · N
Unit 2 Rent — · N
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Fireplaces 2
Basement None
Laundry None
Features Living Room, Kitchen
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Deck
Features None
Total Spaces 2
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,948
Assessed Value $551,800
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures Property Being Sold As Is Buyer Responsible For Smoke/co2 Cert And Cleanout Of Property
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Essex

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1800
Bedrooms
5
Full Bathrooms
2
Living Area
2,123 sq ft
Total Rooms
9
Stories
2
Levels
2

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features: Living Room, Kitchen
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1800
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 2

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Deck
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features:

Special Features

Fireplaces: 2
Fireplace Type:
Community Amenities:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $496
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
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Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

33 Walter St, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent James Bourque
Listing Office Diamond Key Real Estate
Office Phone 603-382-7979
Agent MLS ID G0002730
Office MLS ID AN8384
Listing Data Updated Sep 17, 2026 9:30 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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