For Sale

33 Walter St, Salem, MA

Salem · MA 01970

$399,900
Price
5
Beds
2
Baths
2123
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1800
Units: 2 Units
Lot size: 8,851 Sq.Ft Lot
Price per square foot: $188 / Sq.Ft
Parking: 2 Off Street Spaces

About this home

Bring your vision and tools to 33 Walter Street! Nestled in a highly desirable Salem neighborhood, this classic 1800s multi-family home features 2 distinct units, offering a total of 5 bedrooms and 2 bathrooms across over 2,100 square feet of living space. The property sits on a fantastic, spacious 8,712-square-foot lot with plenty of outdoor potential.This property is in need of a complete top-to-bottom rehabilitation and is being sold strictly AS-IS. Whether you choose to bring this historic multi-family back to its former glory or reimagine the space entirely, the potential return on investment in this market is undeniable. Perfect for seasoned contractors, flippers, or portfolio builders looking for their next major project. Due to the condition of the home, this is a CASH-ONLY sale. Back on market due to buyer non-performance.

Neighborhood & Transit

33 Walter St, Salem · MA 01970

Nearby transit

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

  • Salem Commuter Rail 1 route 0.44 mi
    • Newburyport/Rockport Line

Price Insight

Days on Market:
47 days
Listing Price:
$399,900
Price per Sq.Ft:
$188
Tax Assessment:
$551,800 in 2026
Taxes:
$496 / Monthly

Home Facts

Interior Features

Bedrooms
5
Full Bathrooms
2
Half Bathrooms
0
Living Area
2,123 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2123
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
8,851 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
2 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Wood, Vinyl
Roof
Unknown

Green Features

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

Listing information

Listing agent
James Bourque
Listing office
Diamond Key Real Estate
MLS PIN #
73578801
Disclosure
Property Being sold "AS IS " Buyer responsible for Smoke/Co2 Cert and cleanout of property