28 Bow St, Salem MA 01970

Salem, MA 01970
$600,000
Est. $3,193/month
4
Beds
2.5
Baths
2,128
Sq Ft
$282
Price/Sq Ft
0.16
Acres
1900
Year Built
Multi Family
Type
19
Days on Market
Pending Listed Sep 26, 2025 • MLS# 73414228

About this home

Opportunity Knocks! Two-Family on the Peabody/Salem Line. Investors, contractors, and savvy buyers – bring your vision to this two-family home ideally located on the Peabody/Salem line. This property offers tremendous potential with solid bones and expansion potential, perfect for rental income, multigenerational living, or future resale. Each unit features spacious rooms, high ceilings, and separate electric, making it a great candidate for renovation.This home is ideal for those looking to add value with updates and repairs. See the partially finished basement and additional rooms on the third floor, along with a great backyard ready for your vision. Whether you're looking for an investment or to customize and hold, the location can't be beat: enjoy easy access to downtown Salem, Peabody shops and restaurants, public transportation, and major highways. Don't miss your chance to transform this property and build equity in a desirable North Shore location.

Facts & Features

Property Overview

Property Type
Multi Family
Property Category
Residential Income
Year Built
1900
Bedrooms
4
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,128 sq ft
Total Rooms
8
Stories
4
Levels
4

Interior Features

Has Fireplace
No
Interior Features
Kitchen, Laundry Room, Living RM/Dining RM Combo
Basement Details
Partially Finished, Walk-Out Access, Interior Entry, Sump Pump

Exterior & Structure

Roof
Shingle
Foundation
Other
Fencing
Fenced/Enclosed
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.16 acres
Lot Size
6,761 sq ft
Lot Size Area
0.1600
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
6
Parking Features
Paved Drive, Off Street, Paved

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station, University, Sidewalks
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$7,675
Tax Year
2025
Tax Assessed Value
$676,800
Parcel Number
M:15 L:0111,2128536
Zoning
R1

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Agent is related to seller
Exclusions
Seller's Personal Property.

Location

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Neighborhood

28 Bow St, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

Elementary School
Witchcraft Heights
Rating information coming soon
Middle School
Collins
Rating information coming soon
High School
Salem High School
Rating information coming soon

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $640
Homeowners Insurance $200
PMI $0

Property History

Property Timeline

🏠
Listed for Sale
Aug 6, 2025
$600,000
Original listing

Price & Status History

Date Event Price Change
Aug 6, 2025 New Listing Added $600,000

Market Statistics

Days on Market
19 days
Price per Sq Ft
$282

Tax History

Year Taxes Assessment
2025 $7,675 $676,800

Financial Details

Annual Property Tax
$7,675
Tax Year 2025
Assessed Value
$676,800

Listing Information

Listing Agent Steven Mallia
Listing Office RE/MAX Beacon
Agent MLS ID CT009008
Office MLS ID AN8171

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