Overview Property Details Payment Calculator Walkability

Active

8 Ward St, Salem MA 01970

$599,900

Estimated $1,414.65/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $299,950

Total Rent: 0/year

Estimated CAP Rate: -0.88%

5 Bedrooms

2 Full Baths

1,674 SqFt

Total Parking: 0

1,912 SqFt

Excellent opportunity in the heart of downtown Salem. This two-family home offers strong potential for investors or owner-occupants willing to bring some updates. Both units offer flexible layouts, high ceilings, and character throughout. With some work, this property could ...

This home has been viewed 12 times

Last Checked: July 1st, 2025 at 5:53am (Source: MLS PIN #73393313)

Gross Income: $0

Gross Expenses: $5,303

Net Income Calc: $5,303

CAP Rate: -0.88%

Annual Expenses for 8 Ward St, Salem MA 01970

Total Gross Expenses (Calculated)$5,303/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,303

Annual Income & Unit Breakdown for 8 Ward St, Salem MA 01970

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

General Information for 8 Ward St, Salem MA 01970

Listing ID73393313

Property TypeMulti Family

Price$599,900 ($358.36/SqFt)

StyleMulti Family

CitySalem

CountyEssex

MLS Area

Neighborhood(s)Ipswich

Approximate Living Area Total1,674 SqFt

Approximate Lot Size (Acres)0.04 acres

Total Parking0

Garage Parking

Year Built1915

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionBrick/Mortar

Accessible Features

Outdoor SpacePorch

ZoningR3

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 8 Ward St, Salem MA 01970

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureFloor Plans

Building Area SourceOther

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$0

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 8 Ward St, Salem MA 01970

Real Estate Taxes$5,303

Tax Year2025

Assessed Value$467,600

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$0

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-0.88%

Location Information for 8 Ward St, Salem MA 01970

Elementary School

Middle School

High School

Neighborhood(s)Ipswich

MLS Area

Area AmenitiesShopping, Laundromat, Public Transportation

Contact Information for 8 Ward St, Salem MA 01970

Agent

Name: Jordan Ryan

MLS ID: CN255751

Office ID: C95098

National Association ID: 454009122

Address: 31 Nursery Street

City: Salem

State: MA

Zip: 01970

Office

Name: Keller Williams Realty Evolution

MLS Office ID: C95098

Phone: 978-927-8700

Payment Calculator

$4,138.31 per month

30 Years Fixed, 6.75% Interest

Property Taxes $441.92

Principal & Interest $3,696.39

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty Evolution

Jordan Ryan

Agent Phone

Office Phone

(978) 927-8700

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.04 acres (1,912 SqFt)
    [add_date] => 2025-06-19 10:23:21
    [address] => Ward St
    [agent] => Array
        (
            [address] => 31 Nursery Street
            [city] => Salem
            [id] => CN255751
            [name] => Jordan Ryan
            [national_association] => 454009122
            [office] => C95098
            [state] => MA
            [zip] => 01970
        )

[apod_available] => Array
        (
            [0] => No
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 1,674 SqFt
    [approx_lot_size_acres] => 0.04 acres
    [approx_lot_size_sqft] => 1,912 SqFt
    [assessed_value] => $467,600
    [association] => No
    [association_fee] => Array
        (
            [0] => $0
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => Yes
    [basement] => Array
        (
        )

[bathrooms] => 2 Full
    [bedrooms] => 5
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Other
        )

[building_management] => Array
        (
        )

[building_debug] => 8 Ward St Salem
    [building_id] => 
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
        )

[c_type] => Multi Family
    [cap_rate] => -0.88%
    [city] => Salem
    [community_features] => Array
        (
            [0] => Shopping
            [1] => Laundromat
            [2] => Public Transportation
        )

[compensation_based_on] => Array
        (
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
        )

[construction_status] => 
    [cooling] => No
    [cooperating_agent_commission] => Array
        (
        )

[county] => Essex
    [cultivation_acres] => None
    [date_available_note] => 
    [deposit_amount] => Array
        (
            [0] => $0
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => Excellent opportunity in the heart of downtown Salem. This two-family home offers strong potential for investors or owner-occupants willing to bring some updates. Both units offer flexible layouts, high ceilings, and character throughout. With some work, this property could shine as a long-term rental, owner-occupied investment, or possible short-term rental (buyer to do due diligence). Just steps from shops, restaurants, museums, and public transportation, this location is ideal for maximizing value and demand. A rare chance to invest in one of Salem’s most walkable areas.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
            [0] => $0
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => Array
        (
        )

[entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 
    [fee_paid_by_tennant] => Contact Agent
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
            [0] => 0
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
        )

[for_sale_by_owner] => No
    [foundation_area] => 
    [foundation_materials] => Array
        (
            [0] => Brick/Mortar
        )

[frontage_length] => 
    [full_baths] => 2
    [garage_parking] => 
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
            [0] => $0
        )

[gross_income] => Array
        (
            [0] => $0
        )

[half_baths] => 0
    [handicap_access] => No
    [heating] => No
    [heating_expense] => Array
        (
            [0] => $0
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => No
    [hot_water] => Array
        (
        )

[id] => 645872
    [insurance_expense] => Array
        (
            [0] => $0
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2025-07-01 05:53:13
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => 
    [levels_in_unit] => 3
    [living_area] => 1,674 Sq. Ft.
    [living_area_disclosure] => Array
        (
            [0] => Floor Plans
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
        )

[management_expense] => Array
        (
            [0] => $0
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
            [0] => $0
        )

[mls_area] => 
    [mls_id] => 73393313
    [neighborhoods] => Array
        (
            [0] => Ipswich
        )

[net_income_calc] => -5303
    [net_operating_income] => Array
        (
            [0] => $0
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 2
    [office] => Array
        (
            [id] => C95098
            [name] => Keller Williams Realty Evolution
            [phone] => 978-927-8700
        )

[operating_expense] => Array
        (
            [0] => $0
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
        )

[pasture_area] => None
    [patio_and_porch] => Array
        (
            [0] => Porch
        )

[perc_test] => Array
        (
        )

[perc_test_date] => Unknown
    [pet_policy] => Array
        (
        )

[phone] => 978-530-7604
    [pool_features] => Array
        (
        )

[price] => $599,900
    [price_per_sqft] => 358.36
    [price_per_unit] => 299950
    [private_pool] => No
    [property_sub_type] => Array
        (
            [0] => Multi Family
        )

[real_estate_tax] => $5,303
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
            [0] => $0
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
        )

[rooms] => 12
    [senior_community] => No
    [sewer] => Array
        (
        )

[sewer_expense] => Array
        (
            [0] => $0
        )

[short_sale] => 
    [special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Active
        )

[street_number] => 8
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2025
    [team] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => None
    [title_5] => 
    [total_gross_expense] => 5303
    [total_gross_income] => 0
    [total_parking] => 0
    [trash_expense] => Array
        (
            [0] => $0
        )

[uffi] => Array
        (
        )

[unit_1_bathrooms] => 1 Full
    [unit_1_bedrooms] => 1
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => N
        )

[unit_1_levels] => 1
    [unit_1_rent] => Array
        (
            [0] => 0
        )

[unit_2_bathrooms] => 1 Full
    [unit_2_bedrooms] => 4
    [unit_2_floor] => 2
    [unit_2_lease] => Array
        (
            [0] => N
        )

[unit_2_levels] => 2
    [unit_2_rent] => Array
        (
            [0] => 0
        )

[unit_3_bathrooms] => 
    [unit_3_bedrooms] => 
    [unit_3_floor] => 
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => Array
        (
            [0] => 8 Ward St, Salem MA 01970
        )

[utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
        )

[water_expense] => Array
        (
            [0] => $0
        )

[water_views] => Array
        (
            [0] => No
        )

[water_views_features] => Array
        (
        )

[waterfront] => No
    [waterfront_features] => Array
        (
        )

[year_built] => 1915
    [year_built_details] => Actual
    [year_built_source] => Public Records
    [year_renovated] => 
    [zip] => 01970
    [zoning] => R3
    [zoning_details] => 
    [media] => Array
        (
            [0] => Array
                (
                    [id] => 122291603
                    [name] => MLS1.jpg
                    [type] => gallery
                    [category] => image
                    [url] => https://www.bostonrealestate.com/wp-content/uploads/WPL/645872/MLS1.jpg
                    [index] => 1
                    [enabled] => 1
                    [created] => 2025-07-01 05:53:17
                    [modified] => 2025-07-01 05:53:17
                )

[1] => Array
                (
                    [id] => 122292527
                    [name] => MLS2.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73393313&w=1024&h=768&n=2
                    [index] => 2
                    [enabled] => 1
                    [created] => 2025-07-01 05:53:28
                    [modified] => 2025-07-01 05:53:28
                )

[2] => Array
                (
                    [id] => 122292528
                    [name] => MLS3.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73393313&w=1024&h=768&n=3
                    [index] => 3
                    [enabled] => 1
                    [created] => 2025-07-01 05:53:28
                    [modified] => 2025-07-01 05:53:28
                )

[3] => Array
                (
                    [id] => 122292529
                    [name] => MLS4.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73393313&w=1024&h=768&n=4
                    [index] => 4
                    [enabled] => 1
                    [created] => 2025-07-01 05:53:28
                    [modified] => 2025-07-01 05:53:28
                )

[4] => Array
                (
                    [id] => 122292530
                    [name] => MLS5.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73393313&w=1024&h=768&n=5
                    [index] => 5
                    [enabled] => 1
                    [created] => 2025-07-01 05:53:28
                    [modified] => 2025-07-01 05:53:28
                )

[5] => Array
                (
                    [id] => 122292531
                    [name] => MLS6.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73393313&w=1024&h=768&n=6
                    [index] => 6
                    [enabled] => 1
                    [created] => 2025-07-01 05:53:28
                    [modified] => 2025-07-01 05:53:28
                )

[6] => Array
                (
                    [id] => 122292532
                    [name] => MLS7.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73393313&w=1024&h=768&n=7
                    [index] => 7
                    [enabled] => 1
                    [created] => 2025-07-01 05:53:28
                    [modified] => 2025-07-01 05:53:28
                )

[7] => Array
                (
                    [id] => 122292533
                    [name] => MLS8.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73393313&w=1024&h=768&n=8
                    [index] => 8
                    [enabled] => 1
                    [created] => 2025-07-01 05:53:28
                    [modified] => 2025-07-01 05:53:28
                )

[8] => Array
                (
                    [id] => 122292534
                    [name] => MLS9.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73393313&w=1024&h=768&n=9
                    [index] => 9
                    [enabled] => 1
                    [created] => 2025-07-01 05:53:28
                    [modified] => 2025-07-01 05:53:28
                )

[9] => Array
                (
                    [id] => 122292535
                    [name] => MLS10.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73393313&w=1024&h=768&n=10
                    [index] => 10
                    [enabled] => 1
                    [created] => 2025-07-01 05:53:28
                    [modified] => 2025-07-01 05:53:28
                )

[10] => Array
                (
                    [id] => 122292536
                    [name] => MLS11.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73393313&w=1024&h=768&n=11
                    [index] => 11
                    [enabled] => 1
                    [created] => 2025-07-01 05:53:28
                    [modified] => 2025-07-01 05:53:28
                )

[11] => Array
                (
                    [id] => 122292537
                    [name] => MLS12.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73393313&w=1024&h=768&n=12
                    [index] => 12
                    [enabled] => 1
                    [created] => 2025-07-01 05:53:28
                    [modified] => 2025-07-01 05:53:28
                )

[12] => Array
                (
                    [id] => 122292538
                    [name] => MLS13.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73393313&w=1024&h=768&n=13
                    [index] => 13
                    [enabled] => 1
                    [created] => 2025-07-01 05:53:28
                    [modified] => 2025-07-01 05:53:28
                )

[13] => Array
                (
                    [id] => 122292539
                    [name] => MLS14.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73393313&w=1024&h=768&n=14
                    [index] => 14
                    [enabled] => 1
                    [created] => 2025-07-01 05:53:28
                    [modified] => 2025-07-01 05:53:28
                )

[14] => Array
                (
                    [id] => 122292540
                    [name] => MLS15.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73393313&w=1024&h=768&n=15
                    [index] => 15
                    [enabled] => 1
                    [created] => 2025-07-01 05:53:28
                    [modified] => 2025-07-01 05:53:28
                )

[15] => Array
                (
                    [id] => 122292541
                    [name] => MLS16.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73393313&w=1024&h=768&n=16
                    [index] => 16
                    [enabled] => 1
                    [created] => 2025-07-01 05:53:28
                    [modified] => 2025-07-01 05:53:28
                )

[16] => Array
                (
                    [id] => 122292542
                    [name] => MLS17.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73393313&w=1024&h=768&n=17
                    [index] => 17
                    [enabled] => 1
                    [created] => 2025-07-01 05:53:28
                    [modified] => 2025-07-01 05:53:28
                )

[17] => Array
                (
                    [id] => 122292543
                    [name] => MLS18.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73393313&w=1024&h=768&n=18
                    [index] => 18
                    [enabled] => 1
                    [created] => 2025-07-01 05:53:28
                    [modified] => 2025-07-01 05:53:28
                )

[18] => Array
                (
                    [id] => 122292544
                    [name] => MLS19.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73393313&w=1024&h=768&n=19
                    [index] => 19
                    [enabled] => 1
                    [created] => 2025-07-01 05:53:28
                    [modified] => 2025-07-01 05:53:28
                )

[19] => Array
                (
                    [id] => 122292545
                    [name] => MLS20.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73393313&w=1024&h=768&n=20
                    [index] => 20
                    [enabled] => 1
                    [created] => 2025-07-01 05:53:28
                    [modified] => 2025-07-01 05:53:28
                )

[20] => Array
                (
                    [id] => 122292546
                    [name] => MLS21.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73393313&w=1024&h=768&n=21
                    [index] => 21
                    [enabled] => 1
                    [created] => 2025-07-01 05:53:28
                    [modified] => 2025-07-01 05:53:28
                )

[21] => Array
                (
                    [id] => 122292547
                    [name] => MLS22.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73393313&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2025-07-01 05:53:28
                    [modified] => 2025-07-01 05:53:28
                )

[22] => Array
                (
                    [id] => 122292548
                    [name] => MLS23.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73393313&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2025-07-01 05:53:28
                    [modified] => 2025-07-01 05:53:28
                )

[23] => Array
                (
                    [id] => 122292549
                    [name] => MLS24.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73393313&w=1024&h=768&n=24
                    [index] => 24
                    [enabled] => 1
                    [created] => 2025-07-01 05:53:28
                    [modified] => 2025-07-01 05:53:28
                )

[24] => Array
                (
                    [id] => 122292550
                    [name] => MLS25.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73393313&w=1024&h=768&n=25
                    [index] => 25
                    [enabled] => 1
                    [created] => 2025-07-01 05:53:28
                    [modified] => 2025-07-01 05:53:28
                )

)

)

EXIT