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INVESTMENT SNAPSHOT
About this property
Great opportunity to own a three-family home in a prime Salem location! 32 Park Street offers three bedrooms and one full bathroom in each unit, with hardwood floors, gas heat, granite countertops and exterior vinyl siding that is in excellent condition. With a strong rental history, this property is an appealing option for investors or buyers looking to live in one unit while collecting rent from the others. Enjoy nearby parks, beaches, a kayak launch, and marinas, along with convenient access to historic Salem Common, the commuter rail and downtown Salem’s restaurants, shops, museums, and waterfront attractions. Rich in history and close to so much of what makes Salem a great place to live, this property brings together rental income potential and a location with plenty to offer. Join us for one of the open houses this weekend or schedule a private showing today.
Property details
| Units | 3 |
| Living area | 2,345 sqft |
| Lot size | 1,790 sqft |
| Year built | 1915 |
| Price / sqft | $354 |
| County | Essex |
| MLS # | 73592387 |
Listing status
| Days on market | 0 days |
| Listed on | October 19, 2026 |
Taxes & financials
| Annual property tax | $8,863 |
| Tax year | 2026 |
| Assessed value | $822,200 |
| Zoning | R3 |
| Gross income (actual) | $106,428/yr |
| Net operating income (actual) | $106,428/yr |
| Total actual rent | $8,869/mo |
Building & lot
| Stories | 3 |
| Total rooms | 15 |
| Lot size | 0.04 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Parking | Paved Drive |
| Basement | Unfinished |
| Foundation | Stone |
| Roof | Slate |
| Construction | Frame |
| Flooring | Wood |
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 32 Park St, Salem MA 01970 have?
It is a 3-unit multi-family property with 2,345 sqft of living area, built in 1915.
How long has 32 Park St, Salem MA 01970 been on the market?
32 Park St, Salem MA 01970 has been listed for 0 days (since October 19, 2026).
What is the price per unit?
At a list price of $829,000 across 3 units, that works out to roughly $276,333 per unit.
What are the property taxes on 32 Park St, Salem MA 01970?
Annual property taxes are $8,863 (2026), on an assessed value of $822,200.
What is the price per square foot?
At $829,000 for 2,345 sqft, that's about $354 per square foot.
Where is this property located?
32 Park St, Salem MA 01970 is in Salem, Essex County, MA 01970.
