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INVESTMENT SNAPSHOT
About this property
Fantastic 2 Family w/ Rarely Seen Side by Side Townhouse Style Units. Situated on a nearly 8200 Sqft Lot with Great Yard Space. Unit 23 Features 2 Bedrooms and 2 Full Baths. Primary Suite has Cathedral Ceiling and Slider to a Private Deck. Large Living Room, Eat in Kitchen with Granite and Stainless Steel. Newly Refinished Hardwood Floors Throughout, Freshly Painted, Private Basement with Storage and Laundry. Unit 25 has 2 Bedrooms, 1.5 Baths. Eat in Kitchen with Grey Shaker Cabinetery, Quartz Counters and Stainless Steel Applicances. Cathedral Ceiling Primary Suite with Balcony, Private Basement and Laundry. 2 Driveways with Parking for more than 7 cars. Each unit has Private Entrances, Private Decks on ground level and a great yard. All Separate Utilities. New Gas Heating Systems and Hot Water Tanks. Harvey Replacement Windows and Architectural Shingle Roof. Short Stroll to the Salem Station, Downtown and all the Best that Salem has to Offer! Open Houses Sat&Sun 12:30-2
Property details
| Units | 2 |
| Living area | 2,081 sqft |
| Lot size | 8,172 sqft |
| Year built | 1980 |
| Price / sqft | $396 |
| County | Essex |
| MLS # | 73508831 |
Listing status
| Days on market | 25 days |
| Listed on | April 28, 2026 |
Taxes & financials
| Annual property tax | $7,228 |
| Tax year | 2025 |
| Assessed value | $637,400 |
| Zoning | R2 |
| Total actual rent | $0/mo |
Building & lot
| Stories | 4 |
| Total rooms | 8 |
| Lot size | 0.19 acres |
| Garage spaces | 0 |
| Parking spaces | 8 |
| Basement | Full, Interior Entry |
| Foundation | Stone |
| Roof | Asphalt/Composition Shingles |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
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Listing courtesy of Citylight Homes LLC — Steven Belesis. 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 23-25 Putnam St, Salem MA 01970 have?
It is a 2-unit multi-family property with 2,081 sqft of living area, built in 1980.
How long has 23-25 Putnam St, Salem MA 01970 been on the market?
23-25 Putnam St, Salem MA 01970 has been listed for 25 days (since April 28, 2026).
What is the estimated cap rate on this 2-family in Salem?
Based on area median rents, the estimated cap rate is about 4.2%, with a Signal Score of 75/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $825,000 across 2 units, that works out to roughly $412,500 per unit.
What are the property taxes on 23-25 Putnam St, Salem MA 01970?
Annual property taxes are $7,228 (2025), on an assessed value of $637,400.
What is the price per square foot?
At $825,000 for 2,081 sqft, that's about $396 per square foot.
Is there parking?
8 total parking spaces.
Where is this property located?
23-25 Putnam St, Salem MA 01970 is in Salem, Essex County, MA 01970.
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