Sold
4 Lemon St Ct, Salem, MA
Salem · MA 01970
- $855,000
- Price
- 5
- Beds
- 3
- Baths
- 2005
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1880
Units:
2 Units
Lot size:
2,400 Sq.Ft Lot
Price per square foot:
$424 / Sq.Ft
Parking:
3 Off Street Spaces
About this home
Minutes from downtown Salem, Salem Common, and the T-station, this well-maintained 2-unit property offers a fantastic investment or owner occupant opportunity. The first-floor unit features 2 beds, 1 bath, while the spacious second-floor unit spans 2 levels with 3 beds and 2 full baths, including a primary bath. Both units feature in-unit laundry, cherry cabinets, granite counters, and stainless steel appliances. The open-concept kitchen, living, and dining areas are highlighted by hardwood floors. High-efficiency gas heating, central air, and separate utilities throughout. The property has had many updates in the past 10 years, ensuring modern comfort. Outside, you'll find a shed and parking for 3 cars. The 3-bed unit rents for $2,802/month, and the 2-bed unit for $1850/month. This turnkey property is perfect for investors or owner-occupants looking to offset their mortgage with rental income.
Neighborhood & Transit
4 Lemon St Ct, Salem · MA 01970
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Salem Commuter Rail 1 route 0.33 mi
- Newburyport/Rockport Line
Price Insight
- Days on Market:
- 484 days
- Listing Price:
- $850,000
- Price per Sq.Ft:
- $424
- Tax Assessment:
- $763,000 in 2025
- Taxes:
- $721 / Monthly
Home Facts
Interior Features
- Bedrooms
- 5
- Full Bathrooms
- 3
- Half Bathrooms
- 0
- Living Area
- 2,005 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 2005
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Circuit Breakers
Exterior Features
- Lot Size
- 2,400 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 3 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- 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
- The Lopes Group
- Listing office
- J. Barrett & Company
- MLS PIN #
- 73367401
- Disclosure
- Seller/seller's agents make no warranties/representations, buyer/buyer's agent responsible for due diligence. Sold AS-IS Condition. Appliances left as gifts. Room size is approximate. Unit 1 lease ends 6/30/25, Unit 2 lease ends 8/31/25.