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64 Ward St, Salem MA 01970

Salem, MA 01970
$1,395,000
Est. $8,128/month
0.20
Acres
1900
Year Built
5 hours 17 minutes
Time on Market
Active Listed Apr 14, 2026 • MLS# 73500853 Copied!

About this home

Prime development opportunity in Salem featuring concept plans for a 17-unit multifamily building. The proposed layout includes a mix of studio, one-bedroom, and two-bedroom units, designed for efficient use of space and strong rental performance.This property offers significant redevelopment potential, including possible use under Massachusetts Chapter 40R, allowing developers to benefit from smart growth zoning strategies and increased density in appropriate areas.Located in a high-demand rental market with close proximity to downtown Salem, transportation, and Boston access, this site presents a compelling opportunity for developers seeking strong long-term upside.

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Property Overview

Listing Type
Commercial Sale
Year Built
1900

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1900
Lot Size 0.20 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water

Financial

Annual Tax $10,493

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Parking Features:

Location

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Neighborhood

64 Ward St, Salem MA 01970

Salem, MA 01970

Walkability

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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
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $874
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
$0/mo
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.

Property History

Property Timeline

🏠
Listed for Sale
Apr 14, 2026
$1,395,000
Original listing
Agent: David Seetaram

Price & Status History

Date Event Price Change
Apr 14, 2026 New Listing Added $1,395,000 —

Market Statistics

Time on Market
5 hours 17 minutes
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
2025 $10,493 —

Financial Details

Annual Property Tax
$10,493
Tax Year 2025

Listing Information

Listing Agent David Seetaram
Listing Office David Seetaram
Agent MLS ID CT009606
Office MLS ID AN9587
Listing Data Updated Apr 13, 2026 10:31 PM 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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Market Analytics for Salem, MA

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64 Ward St, Salem MA 01970 - Photo 1 64 Ward St, Salem MA 01970 - Photo 2 64 Ward St, Salem MA 01970 - Photo 3 64 Ward St, Salem MA 01970 - Photo 4 64 Ward St, Salem MA 01970 - Photo 5 64 Ward St, Salem MA 01970 - Photo 6 64 Ward St, Salem MA 01970 - Photo 7 64 Ward St, Salem MA 01970 - Photo 8 64 Ward St, Salem MA 01970 - Photo 9 64 Ward St, Salem MA 01970 - Photo 10 64 Ward St, Salem MA 01970 - Photo 11 64 Ward St, Salem MA 01970 - Photo 12
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