39 Salem Street, Salem MA 01970
Salem, MA 01970
$995,000
Est. $5,910/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
Adjust the payment calculatorTrack this home for price, status, and open-house alerts.
About this home
39 Salem Street contains three, renovated (3) 3-Bedroom/1-Bathroom units with 3,391 square feet of gross living area in 5,521 square feet of gross area. The Property is situated upon a 0.07-acre parcel and features eight (8) off-street parking spaces via four (4) tandem pairs. 39 Salem Street is well-positioned in Salem, offering strong access to the city’s historic downtown, neighborhood retail corridors, and surrounding residential neighborhoods. Situated in “The Point” neighborhood of Salem, 39 Salem Street offers residents proximity to Palmer Cove to the south, as well as being walking distance from attractions such as the Salem Harbor Walk, Peabody Essex Museum, Salem Witch Museum, and Salem Common. Tenants are responsible for electric baseboard heating, electric powered hot water, and separately metered electricity. The Landlord is responsible for providing city water & sewer.
View in the App
Save this property, schedule tours instantly, and get alerts when the price drops
Scan with phone
Public Records & Permits
Log in to view assessor & tax records, ownership history, and recent building permits for this property.
BMN Estimate
Get the number an algorithm can't give you
A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.
Recently Sold Nearby
Property History
Market Insights
71.4%
Price Range
1
Previous Sales
Property Timeline
Listed for Sale
Sep 22, 2026
$995,000
Original listing
Agent: Stephen Girolamo
Office: Horvath & Tremblay
Previous Transaction - MLS #72923323
Full transaction history available when tracking began
Previously Sold
Dec 31, 2021
$285,000
MLS #72923323
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/22/2026 | 🏠 Listed for Sale | $995,000 | - | - | Original listing |
| 12/31/2021 | 🏷️ Previously Sold | $285,000 | - | - | MLS #72923323 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $8,139 | $748,500 |
Financial Details
Annual Property Tax
$8,139
Tax Year 2026
Assessed Value
$748,500
Facts & Features
Home Facts
Type
Residential Income
Style
3 Family
Year Built
1915
Living Area
3,391 sq ft
Lot Size
0.07 acres
Stories
3
Bedrooms
9
Full Baths
3
Total Rooms
15
Investment Metrics
Units
3
Unit 1 Rent
$3,000/mo · Y
Unit 2 Rent
$2,334/mo · Y
Unit 3 Rent
$2,334/mo · Y
Total Monthly Rent
$7,668/mo
Gross Income
$92,016
Net Operating Income
$68,619
Operating Expenses
$23,397
Water/Sewer Expense
$3,500
Electric Expense
$330
Insurance Expense
$3,000
Cap Rate
6.90%
Interior
Heating
Electric
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
Unfinished
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Paved Drive, Off Street, Paved
Total Spaces
8
Utilities
Electric
Individually Metered
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$8,139
Assessed Value
$748,500
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Essex
Property Overview
Property Type
3 Family
Listing Type
For Sale
Year Built
1915
Bedrooms
9
Full Bathrooms
3
Living Area
3,391 sq ft
Total Rooms
15
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,391 sq ft above grade
Display Options
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Unfinished
Laundry:
Security:
Construction & Materials
Year Built:
1915
Structure Type:
Exterior Materials:
Roof:
Shingle
Foundation:
Stone
Stories:
3
Heating, Cooling & Utilities
Heating:
Electric
Cooling:
Hot Water:
Electric
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
8
Parking Features:
Paved Drive, Off Street, Paved
Nearby Schools
School District
Salem School District local
B-
School Safety
2024-25
3.6%
Above Average
2.3%
Suspensions
0.8%
In-School
1.3%
Emergency
1.9% below state avg
Elementary Schools
9 schools
The Phoenix School
1.0 mi
Grades PK-08
The Greenhouse School
1.3 mi
Grades PK-08
C+
Saltonstall School
0.2 mi
|
#526 of 825
|
Score: 43.9
Improved 42 spots from last year
-14.3 below state avg
267 students
Diverse
Rising School
Diverse Student Body
Strong Attendance
Grades K-05
C+
Bentley Academy Innovation School
1.1 mi
|
#532 of 825
|
Score: 43.7
Improved 179 spots from last year
-14.5 below state avg
277 students
Moderate
Rising School
Grades PK-05
Salem Early Childhood School
1.1 mi
107 students
Diverse
Diverse Student Body
Grades PK
B-
Carlton School
1.1 mi
|
#470 of 825
|
Score: 45.5
Dropped 49 spots from last year
-12.7 below state avg
249 students
Diverse
Diverse Student Body
Grades K-05
C
Horace Mann Laboratory School
1.1 mi
|
#653 of 825
|
Score: 38.1
Improved 68 spots from last year
-20.1 below state avg
320 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
B
Witchcraft Heights School
1.5 mi
|
#339 of 825
|
Score: 49.4
Improved 211 spots from last year
-8.8 below state avg
465 students
Diverse
Rising School
Diverse Student Body
Grades K-05
B+
Bates School
1.5 mi
|
#318 of 825
|
Score: 50.0
Improved 261 spots from last year
-8.2 below state avg
415 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
Middle Schools
1 school
B-
Collins Middle School
0.7 mi
|
#203 of 352
|
Score: 40.3
Improved 76 spots from last year
-17.9 below state avg
753 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
High Schools
2 schools
B+
Salem Academy Charter School
0.2 mi
|
#141 of 346
|
Score: 57.0
Improved 95 spots from last year
-1.2 below state avg
477 students
Diverse
10 sports
• 568 athletes
High Graduation Rate
Rising School
College Ready Curriculum
Grades 06-12
B+
Salem High School
1.2 mi
|
#124 of 346
|
Score: 58.3
Dropped 4 spots from last year
+0.1 above state avg
960 students
Diverse
18 sports
• 1,080 athletes
Early College Program
Career Tech Programs
College Ready Curriculum
Strong Athletics
Grades 09-12
Learn about these ratings
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
$678
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
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
Loading map...
Neighborhood
39 Salem Street, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Stephen Girolamo
Listing Office
Horvath & Tremblay
Office Phone
781-776-4000
Agent MLS ID
CN227795
Office MLS ID
AN2723
Listing Data Updated
Sep 22, 2026 4:07 PM 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
Ask about this property — free, no obligation.
Similar Homes for Sale
Comparable Properties
Customize Comparable Search
Finding comparable properties...
Loading market insights for Salem.