11 Ropes St, Salem MA 01970
About this home
Discover the potential of this spacious and well-located multifamily property, offering versatility and strong income potential. Property Features, three large, well-appointed units, generously sized bedrooms in each unit, private driveway plus additional resident street parking. Short walking distance to the commuter rail station, steps from Salem’s vibrant downtown shopping and restaurant district. This is a rare opportunity for investors or owner-occupants to own a versatile property with long-term upside. Whether you’re looking to generate rental income, create a multi-generational living space, or explore future value-add possibilities, this property offers endless potential.
Sale Statistics
This property sold for 8.4% above the original asking price, indicating strong buyer demand.
With only 21 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
11 Ropes St, Salem MA 01970
Salem, MA 01970
Walkability
Schools
School information not available
Monthly Payment Calculator
Payment Breakdown
Property History
Market Insights
Property Timeline
Sold
Jun 4, 2025Listed for Sale
Apr 16, 2025| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/04/2025 | ✓ Sold | $1,050,000 | - | - | Property sold |
| 04/16/2025 | 🏠 Listed for Sale | $969,000 | - | - | Original listing |