81 Summer Street, Salem MA 01970
About this home
Opportunity awaits! Whether you're an investor looking to grow your portfolio, or you're looking to purchase your first multi to live in one of the units while generating rental income, this is the best of both worlds. Unit 1 was just completely renovated. Hardwood floors, quartz countertops, shaker cabinets, stainless appliances. Live in unit 1, and collect rent from unit 2. Or rent unit 1 to generate 7K cash flow per month. Located on the corner of Summer and Prescott street within a quarter mile of The Salem Post Office, Steve's Market, The Derby and much more. Enjoy all that downtown Salem has to offer - Don't miss out! Basement has been completely renovated. New electrical in the last 18 months. Brand new Washer/Dryer coin ops. Brand new exterior decks.
Sale Statistics
This property sold for 0.1% above the original asking price, indicating strong buyer demand.
With only 15 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Interior Features
Exterior & Structure
Lot & Land
Parking & Garage
Utilities & Systems
Community & HOA
Financial & Tax Information
Additional Details
Location
Neighborhood
81 Summer Street, Salem MA 01970
Salem, MA 01970
Walkability
Schools
Monthly Payment Calculator
Payment Breakdown
Property History
Market Insights
Property Timeline
Sold
Mar 15, 2024Listed for Sale
Feb 7, 2024| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 03/15/2024 | ✓ Sold | $880,000 | - | - | Property sold |
| 02/07/2024 | 🏠 Listed for Sale | $879,000 | - | - | Original listing |