Sold

16-18 Loring Ave, Salem, MA

Salem · MA 01970

$1,740,000
Price
9
Beds
6
Baths
5998
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1895
Units: 5 Units
Lot size: 0.41 Acre Lot
Price per square foot: $327 / Sq.Ft
Parking: 6 Garage Spaces · 7 Off Street Spaces

About this home

Prominent Victorian home with total of 5 units and recent approval for 6th, along with 6 large concrete garages located in the rear of property on Charles Street. This home has been in the same family for over 60 years, has been well maintained, with long term tenants and empty owners unit with plans to split into 2 units. Great detail inside and out, this property boast high ceilings, hardwood floors, detailed fireplace rooms as well as the added income from the 6, 12 x 35' garages underneath the yard in the rear of the property.

Neighborhood & Transit

South Salem

16-18 Loring Ave, Salem · MA 01970

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
617 days
Listing Price:
$1,959,000
Price per Sq.Ft:
$327
Tax Assessment:
$2,010,900 in 2025
Taxes:
$1,900 / Monthly

Home Facts

Interior Features

Bedrooms
9
Full Bathrooms
5
Half Bathrooms
2
Living Area
5,998 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
5998
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
17,986 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
6 Parking Spaces
Off Street Parking
7 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Clapboard, Shingles, Wood
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Matthew Power
Listing office
1 Percent Realty, LLC
MLS PIN #
73338064
Disclosure
Broker has ownership interest in this property.