64 Ward St, Salem MA 01970

Salem, MA 01970

$1,395,000

Est. $8,128/month

0.20

Acres

1900

Year Built

90

Days on Market

Active Listed Apr 13, 2026 • MLS# 73500853 Copied! • Updated Apr 17, 2026

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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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Recently Sold Nearby

Property History

Property Timeline

🏠

Listed for Sale

Apr 14, 2026

$1,395,000

Original listing

Agent: David Seetaram

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
04/14/2026	🏠 Listed for Sale	$1,395,000	-	-	Original listing

Tax History

Year	Taxes	Assessment
2025	$10,493	—

Financial Details

Annual Property Tax

$10,493

Tax Year 2025

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

HOA & Community

Fee Includes None

Amenities None

Optional Fee Includes None

MA Disclosures

Seller Disclosures The Property Is Being Sold In As-is Condition. The Buyer And Buyer’s Agent Are Responsible For Conducting All Due Diligence And Independently Verifying Any And All Information Related To The Property.the Sale Includes Architectural Plans, Which May Be Modified Subject To Applicable Approvals.

Additional Details

Possession None

Accepted Financing None

Structure Type []

Documents None

County Essex

Property Overview

Listing Type

Commercial Sale

Year Built

1900

Room Details

Other Floor

Bathroom1

Bedroom5

Bedroom4

Bedroom3

Dining Room

Kitchen

Bathroom2

Bedroom2

Living Room

Bathroom3

Master Bedroom

Office

Family Room

Master Bathroom

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:

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

Home Price

Down Payment

%

Down: $0

Interest Rate

%

Loan Term 30 years 15 years

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.

Location

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Neighborhood

64 Ward St, Salem MA 01970

Salem, MA 01970

Listing Information

Agent MLS ID CT009606

Office MLS ID AN9587

Listing Data Updated Apr 17, 2026 3:05 AM EDT

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 800 - 9008 contact@bmnboston.com

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