87 Leach St, Salem MA 01970

Salem, MA 01970
$785,000
Est. $4,178/month
5
Beds
2.5
Baths
2,829
Sq Ft
$277
Price/Sq Ft
0.09
Acres
1920
Year Built
2 Family - 2 Units Up/Down
Type
22
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73155499

About this home

Exciting opportunity to purchase this spacious, well maintained two family with incredible views of Salem Harbor! The first floor unit offers 3 bedrooms, large bath, hardwood floors, granite countertops and large deck overlooking the yard and ocean. The second floor unit has 2 bedrooms, hardwoods, updated kitchen, and two balconies. Spacious rooms with high ceilings, built ins, period details and great natural light throughout. Level yard and separate 2-car driveways for each unit.Conveniently located near Salem State University campus, Pickering Wharf and Downtown Salem. A must see! Please send best and final offers in one document by Tuesday 9/12 at 6pm.

Sale Statistics

Sale Overview
Original List Price: $799,900
Final Sale Price: $785,000
Difference: $14,900 (-1.9%)
Performance Metrics
98.1%
List to Sale Ratio
Sold below asking price
22
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $283
Sale $/sq ft: $277
This property sold for $277 per square foot
Sale Summary

This property sold for 1.9% below the original asking price.

With only 22 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
2 Family - 2 Units Up/Down
Property Category
Residential Income
Year Built
1920
Bedrooms
5
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,829 sq ft
Total Rooms
12
Stories
2
Levels
2

Interior Features

Flooring
Tile, Hardwood
Has Fireplace
No
Laundry Features
Electric Dryer Hookup, Washer Hookup
Basement Details
Full, Interior Entry, Bulkhead, Unfinished

Exterior & Structure

Construction Materials
Frame
Roof
Slate
Foundation
Concrete Perimeter
Patio/Porch Features
Porch, Deck
Has Spa
No
View
Scenic View(s)
Has View
Yes
Waterfront Property
No

Lot & Land

Lot Size
0.09 acres
Lot Size
4,099 sq ft
Lot Size Area
0.0900

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
4
Parking Features
Paved Drive, Off Street, Paved

Utilities & Systems

Utilities Available
for Gas Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, Individually Metered

Community & HOA

Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,763
Tax Year
2023
Tax Assessed Value
$540,600
Parcel Number
M:33 L:0536,2135155
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Actual

Location

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Neighborhood

87 Leach St, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $564
Homeowners Insurance $200
PMI $0

Property History

Market Insights

1.9%
Price Range
25
Total Days on Market

Property Timeline

Sold
Dec 22, 2023
$785,000
Property sold
Days on Market: 25
🏠
Listed for Sale
Sep 6, 2023
$799,900
Original listing
Agent: Team Harborside Office: Sagan Harborside Sotheby's International Realty

Price & Status History

Date Event Price Change
Sep 6, 2023 New Listing Added $799,900

Market Statistics

Days on Market
22 days
Price per Sq Ft
$277

Tax History

Year Taxes Assessment
2023 $6,763 $540,600

Financial Details

Annual Property Tax
$6,763
Tax Year 2023
Assessed Value
$540,600

Listing Information

Listing Agent Team Harborside
Listing Office Sagan Harborside Sotheby's International Realty
Agent MLS ID TM003189
Office MLS ID AN4472

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