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$995,000
Total Beds: 9 Total Baths: 3
Total Units: 3 SQFT: 3391
LOT size: 0.07 Acres
39 Salem Street
Salem, MA 01970
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Property Description

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.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Amenities: Bike Path, Conservation Area, Golf Course, Highway Access, House of Worship, Laundromat, Marina, Medical Facility, Other (See Remarks), Park, Private School, Public School, Public Transportation, Shopping, Stables, Swimming Pool, T-Station, Tennis Court, University, Walk/Jog Trails
  • Basement Features: Unfinished Basement
  • Common Heating: Electric, Forced Air, Space Heater

Financial

  • APOD Available: Yes
  • Expenses Source: Estimated, Other (See Remarks), Owner Provided
  • Gross Operating Income: 92016
  • Gross Expenses: 23397
  • Electric Expenses: 330
  • Water/Sewer: 3500
  • INSC: 3000
  • Repairs & Maintenance: 1500
  • RFS: 77
  • Miscellaneous Expense: 2250
  • Net Operating Income: 68619

Utilities

  • Electric Info: Individually Metered
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1915
  • Type: 3 Family
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73581012
  • Last Updated: 09/26/26

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Map

Seller's Representative: Stephen Girolamo, Horvath & Tremblay
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-09-26 03:05:00

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