86-88 Summer St, Salem, MA 01970
Local realty services provided by:CENTURY 21 Topsail Realty
86-88 Summer St,Salem, MA 01970
$675,000
- 5 Beds
- 4 Baths
- 2,432 sq. ft.
- Multi-family
- Active
Listed by: herrick lutts realty partners
Office: herrick lutts realty partners
MLS#:73598820
Source:MLSPIN
Price summary
- Price:$675,000
- Price per sq. ft.:$277.55
About this home
Calling all builders, contractors, and investors! Rare opportunity to own two detached single-family homes on one lot in the heart of downtown Salem! Located at 86-88 Summer Street, this unique property offers tremendous potential for renovation, investment, or future resale. Each home features its own private entrance and independent living space with no shared walls.86 Summer Street consists of approximately 830 square feet with 2 bedrooms and 1 full bathroom, while 88 Summer Street offers approximately 1,602 square feet with 3 bedrooms and 2.5 bathrooms. The property also features 6 off-street parking spaces, an exceptional amenity in downtown Salem.Both homes are in need of significant improvements and present an excellent opportunity for investors or contractors looking to unlock their full potential. Whether renovating for rental income, resale, or owner occupancy with supplemental rental income, the possibilities are compelling. Conveniently located just moments from Salem's vibrant downtown, restaurants, shops, waterfront, and commuter rail service to Boston.Property will not qualify for conventional financing. Cash buyers or buyers utilizing alternative financing are encouraged. Bring your vision and capitalize on this unique investment opportunity in one of the North Shore's most desirable locations!...
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Home facts
- Year built:2432
- Listing ID #:73598820
- Updated:November 07, 2026 at 12:19 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Rooms Total:10
- Basement Description:Full, Unfinished
- Living area:2,432 sq. ft.
Structure and exterior
- Roof:Shingle
- Year built:2432
- Building area:2,432 sq. ft.
- Lot area:0.23 Acres
- Construction Materials:Frame
- Foundation Description:Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$675,000
- Price per sq. ft.:$277.55
- Tax amount:$9,242 (2026)
Parking
- Total parking spaces:6
- Parking description:Off Street, Shared Driveway
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