4 Lemon Street Ct Active

Salem,MA 01970

$ 850000

5 Beds

3 Baths

2005 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,005 sqft

Price per Sqft $423

MLS Listing ID 73367401

Bedrooms 5

Full Baths 3

Year Built 1880

Annual Tax Amount $8,652

Tax Year 2025

Lot Size 2,613 Sqft

Property Sub-Type Multi Family

Property Description

Minutes from downtown Salem, Salem Common, and the T-station, this well-maintained 2-unit property offers a fantastic investment or owner occupant opportunity. The first-floor unit features 2 beds, 1 bath, while the spacious second-floor unit spans 2 levels with 3 beds and 2 full baths, including a primary bath. Both units feature in-unit laundry, cherry cabinets, granite counters, and stainless steel appliances. The open-concept kitchen, living, and dining areas are highlighted by hardwood floors. High-efficiency gas heating, central air, and separate utilities throughout. The property has had many updates in the past 10 years, ensuring modern comfort. Outside, you'll find a shed and parking for 3 cars. The 3-bed unit rents for $2,802/month, and the 2-bed unit for $1850/month. This turnkey property is perfect for investors or owner-occupants looking to offset their mortgage with rental income.

Location

State MA

County Essex

Zoning R2

Interior

Heating Forced Air,Natural Gas

Cooling Central Air

Flooring Wood,Tile,Carpet,Hardwood,Stone/Ceramic Tile

Laundry Electric Dryer Hookup,Washer Hookup

Exterior

Exterior Feature Rain Gutters

Community Features Public Transportation,Shopping,Tennis Court(s),Park,Walk/Jog Trails,Golf,Medical Facility,Bike Path,Conservation Area,House of Worship,Marina,Public School,T-Station,University

Utilities Available for Electric Range,for Electric Dryer,Washer Hookup

Waterfront Description Beach Front,Ocean,1/2 to 1 Mile To Beach,Beach Ownership(Public)

Roof Type Shingle

Building

Lot Description Level

Story 3

Foundation Stone

Sewer Public Sewer

Water Public

Others

Acceptable Financing Contract

Listing Terms Contract

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