Sold
47 Winthrop St, Salem, MA
Salem · MA 01970
- $1,149,000
- Price
- 7
- Beds
- 4.5
- Baths
- 2858
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1915
Units:
3 Units
Lot size:
2,997 Sq.Ft Lot
Price per square foot:
$367 / Sq.Ft
Parking:
1 Off Street Space
About this home
Turnkey 3-family gem in the heart of downtown Salem! Fully renovated units, strong rental income, and location make this an exceptional opportunity for investors or owner-occupants seeking cash flow and long-term growth. Unit 1 offers 3 beds/2 baths with stylish finishes and generous living space. Unit 2 features 3 beds/1.5 baths has been renovated and will be delivered vacant ideal for an owner to move right in. Unit 3 is a spacious 1 bed/1 bath with separate kitchen, living and dinning room. Beautiful hardwood floors, modern kitchens, and updated baths through out the home. Exterior improvements and solid systems make this a low-maintenance asset. Current rents: $3,300 (U1), $3,100 (U2), $2,022 (U3). Excellent tenant history, responsible residents, and unbeatable proximity to shops, dining, commuter rail, and waterfront. Whether you're looking to expand your portfolio or live in one unit and let the others pay the mortgage this property checks all the boxes.
Neighborhood & Transit
47 Winthrop St, 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:
- 512 days
- Listing Price:
- $1,050,000
- Price per Sq.Ft:
- $367
- Tax Assessment:
- $776,500 in 2025
- Taxes:
- $734 / Monthly
Home Facts
Interior Features
- Bedrooms
- 7
- Full Bathrooms
- 4
- Half Bathrooms
- 1
- Living Area
- 2,858 Sq.Ft
- Broker Disclosure about Living Area
- Approximate
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 2858
- 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
- 2,997 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 1 Parking Space
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 Alianza Group
- Listing office
- Nina-Soto Realty, LLC
- MLS PIN #
- 73381487
- Disclosure
- Showings began at open house on 5/31. Currently occupied, need 48 hours notice to show. Seller has never live in the property. Sold As Is Condition. The last 7 pictures on the mls were taken prior to occupancy from unit #1. They were taken around March/April 2024
- Disclosure
- Approximate