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INVESTMENT SNAPSHOT
About this property
Turn Key Opportunity ~ Completely renovated 3-family property located just minutes from Historic Downtown Salem. This exceptional property offers a great opportunity for both owner-occupants and investors. Recent renovations include NEW granite and stainless steel kitchens, NEW tiled full bathrooms, NEW hardwood floors, NEW windows, NEW vinyl siding, and updated electrical and plumbing systems throughout—making this a true turnkey investment. The property features two spacious 3-Bedroom units and a 2-bedroom unit on the top floor. Ample on-street parking is available, along with a 4+ car paved driveway and backyard. Conveniently located just minutes from the commuter rail, downtown restaurants, museums, and the harbor, this fully renovated multi-family home combines modern updates with an unbeatable location.
Property details
| Units | 3 |
| Living area | 2,822 sqft |
| Lot size | 5,171 sqft |
| Year built | 1910 |
| Price / sqft | $422 |
| County | Essex |
| MLS # | 73508469 |
Listing status
| Days on market | 38 days |
| Listed on | April 28, 2026 |
Taxes & financials
| Annual property tax | $8,381 |
| Tax year | 2026 |
| Assessed value | $777,500 |
| Zoning | R2 |
| Total actual rent | $0/mo |
Building & lot
| Stories | 3 |
| Total rooms | 16 |
| Lot size | 0.12 acres |
| Garage spaces | 0 |
| Parking spaces | 4 |
| Parking | Paved Drive, Off Street |
| Basement | Full, Concrete |
| Foundation | Stone |
| Roof | Shingle, Metal |
| Flooring | Hardwood |
Utilities & systems
| Heating | Ductless |
| Cooling | Ductless |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Dishwasher, Disposal, Refrigerator |
Location
More about investing in Salem →
Listing courtesy of Coldwell Banker Realty - Marblehead — Zoe Karademos. 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 24 Dunlap St, Salem MA 01970 have?
It is a 3-unit multi-family property with 2,822 sqft of living area, built in 1910.
How long has 24 Dunlap St, Salem MA 01970 been on the market?
24 Dunlap St, Salem MA 01970 has been listed for 38 days (since April 28, 2026).
What is the estimated cap rate on this 3-family in Salem?
Based on area median rents, the estimated cap rate is about 4.3%, with a Signal Score of 77/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,190,000 across 3 units, that works out to roughly $396,667 per unit.
What are the property taxes on 24 Dunlap St, Salem MA 01970?
Annual property taxes are $8,381 (2026), on an assessed value of $777,500.
What is the price per square foot?
At $1,190,000 for 2,822 sqft, that's about $422 per square foot.
Is there parking?
4 total parking spaces (paved drive, off street).
Where is this property located?
24 Dunlap St, Salem MA 01970 is in Salem, Essex County, MA 01970.
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