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5 Herbert St, Salem, MA 01970

Salem
Local realty services provided by:CENTURY 21 Cityside
5 Herbert St,Salem, MA 01970
$625,000
  • 2 Beds
  • 2 Baths
  • 1,786 sq. ft.
  • Multi-family
  • Active
Listed by: tina mcmanus
Office: j. barrett & company
MLS#:73506256
Source:MLSPIN

Price summary

  • Price:$625,000
  • Price per sq. ft.:$349.94

About this home

EASY TO OWN - Well-Maintained 2-Unit Apartment Building in a Prime Location. An investment opportunity in an area tenants love. This well-kept 2-unit property features two one-bedroom apartments and additional finished attic space. Just moments from the train, Derby Wharf, Salem Common, Peabody-Essex Museum, and downtown shops and restaurants, making it highly desirable for renters. Property Features: Coin-op laundry in the basement, individual FHW gas heating units (installed within the last 5 years), tandem parking for 2 cars, plus on-street permit parking, newer carpets, and replacement of some windows, skylights, and a Juliet balcony on the third floor. FOR THE SMART BUYER looking to invest in a property with strong rental appeal and long-term potential. Showings by appointment only, beginning on Saturday 1pm-3pm. Please allow 48 hours for responses to Offers. Seller reserves the right to accept an Offer at any time.

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Home facts

  • Year built:1864
  • Listing ID #:73506256
  • Updated:April 23, 2026 at 04:04 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:6
  • Flooring:Carpet, Laminate, Vinyl
  • Bathrooms Description:Bathroom With Tub & Shower
  • Kitchen Description:Kitchen, Range, Refrigerator
  • Basement Description:Concrete, Full, Interior Entry, Unfinished
  • Living area:1,786 sq. ft.

Heating and cooling

  • Heating:Baseboard, Individual, Natural Gas, None, Unit Control

Structure and exterior

  • Roof:Shingle
  • Year built:1864
  • Building area:1,786 sq. ft.
  • Lot area:0.04 Acres
  • Lot Features:Level
  • Foundation Description:Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$625,000
  • Price per sq. ft.:$349.94
  • Tax amount:$8,406 (2025)

Features and amenities

  • Appliances:Dryer, Range, Refrigerator, Washer
  • Laundry features:Dryer, Washer

Parking

  • Total parking spaces:2
  • Parking description:Off Street, On Street, Tandem
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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