86-88 Summer St, Salem, MA 01970
86-88 Summer St, Salem, MA 01970
86-88 Summer St, Salem, MA 01970
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$675,000
Est. payment /mo
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5 Beds
3.5 Baths
2,432 SqFt
New

86-88 Summer St Salem, MA 01970

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Skylimit Real Estate

Skylimit Real Estate

+1(857) 477-7033

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,432 sqft

Price per Sqft $277

MLS Listing ID 73598820

Bedrooms 5

Full Baths 3

Half Baths 1

Year Built 1870

Annual Tax Amount $9,242

Tax Year 2026

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type Multi Family

Property Description

Opportunity to own two- detached single-family homes on one lot. Located at 86-88 Summer Street, this unique property offers 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.******** 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 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. Additional parking is at back on Downing Street.

Location

State MA

County Essex

Zoning B1

Direction Margin Street to Summer Street

Rooms

Basement Full, Unfinished

Interior

Interior Features Ceiling Fan(s), Bathroom with Shower Stall, Kitchen, Living RM/Dining RM Combo, Living Room, Dining Room

Flooring Wood, Vinyl, Other

Appliance Range, Refrigerator

Exterior

Fence Fenced

Community Features Public Transportation, Shopping, Medical Facility, Public School, T-Station, University

Roof Type Shingle

Total Parking Spaces 6

Garage No

Building

Story 4

Foundation Concrete Perimeter, Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

MLSPIN
Listed by Herrick Lutts Realty Partners

NEARBY SCHOOL & BUSINESS

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Skylimit Real Estate

Skylimit Real Estate

Broker License ID: 424202

+1(857) 477-7033

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86-88 Summer St