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INVESTMENT SNAPSHOT
About this property
Landmark Mixed Use Building Located on Bustling North Street at the Doorstep of Downtown Salem and Salem Train Station. Fantastic Investment Property with a Commercial Tenant Occupying the Ground Level Space. Second Floor is a Large 2 Bedroom Apartment with updates throughout. Third Floor Unit is a 2 Bedroom with a fantastic layout.
Property details
| Units | 3 |
| Living area | 2,955 sqft |
| Lot size | 2,104 sqft |
| Year built | 1890 |
| Price / sqft | $304 |
| County | Essex |
| MLS # | 73377493 |
Listing status
| Days on market | 27 days |
| Listed on | May 19, 2025 |
Taxes & financials
| Annual property tax | $7,776 |
| Tax year | 2025 |
| Assessed value | $488,100 |
| Zoning | B1 |
| Gross income (actual) | $79,860/yr |
| Net operating income (actual) | $79,860/yr |
| Total actual rent | $7,860/mo |
Building & lot
| Stories | 3 |
| Total rooms | 13 |
| Lot size | 0.05 acres |
| Garage spaces | 0 |
| Parking spaces | 1 |
| Basement | Partial |
| Foundation | Irregular |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Salem →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 112 North St, Salem MA 01970 have?
It is a 3-unit multi-family property with 2,955 sqft of living area, built in 1890.
How long has 112 North St, Salem MA 01970 been on the market?
112 North St, Salem MA 01970 has been listed for 27 days (since May 19, 2025).
What is the price per unit?
At a list price of $899,000 across 3 units, that works out to roughly $299,667 per unit.
What are the property taxes on 112 North St, Salem MA 01970?
Annual property taxes are $7,776 (2025), on an assessed value of $488,100.
What is the price per square foot?
At $899,000 for 2,955 sqft, that's about $304 per square foot.
Is there parking?
1 total parking space.
Where is this property located?
112 North St, Salem MA 01970 is in Salem, Essex County, MA 01970.
