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16 Pleasant Street, Salem MA 01970

$825,000

Estimated $2,004/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $412,500

Total Rent: 0/year

Estimated CAP Rate:

6 Bedrooms

Baths

2622

Total Parking: 2

3,694 (0.08)

Exceptional opportunity to purchase this unoccupied two family in a highly desirable Salem location. This property features two spacious units with flexible 2-3 bed layouts. Both units feature classic hardwood floors and multiple fireplaces adding warmth and character. Unbeatable location just moments from Salem Common, Collins Cove, vibrant downtown and .8 miles to the Salem MBTA Depot. Additional features include two car off street parking, easy to maintain outdoor space, full basement with laundry hookups and a walk up attic. Property is vacant and ready to generate income!

This home has been viewed 2 times

Last Checked: May 2nd, 2026 at 6:58am (Source: MLS PIN #73510442)

Gross Income: $0

Gross Expenses: $7,997

Net Income Calc: $7,997

Water Views

Annual Expenses for 16 Pleasant Street, Salem MA 01970

Total Gross Expenses (Calculated)$7,997/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7997

Annual Income & Unit Breakdown for 16 Pleasant Street, Salem MA 01970

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 16 Pleasant Street, Salem MA 01970

Listing ID73510442

Property TypeMulti Family / 2 Family

Price825000 ($314.65/SqFt)

Style2 Family - 2 Units Up/down

CitySalem

CountyEssex

Neighborhood(s)Ipswich

Approximate Living Area Total2622

Approximate Lot Size (Acres)0.08

Total Parking2

Garage Parking0

Year Built1860

Year Built SourcePublic Records

Year Built DetailsUnknown/Mixed

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningR2

Water ViewsNo

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 16 Pleasant Street, Salem MA 01970

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsNo

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 16 Pleasant Street, Salem MA 01970

Real Estate Taxes7997

Tax Year2025

Assessed Value$705,200

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 16 Pleasant Street, Salem MA 01970

Neighborhood(s)Ipswich

Area AmenitiesWalk/jog Trails

Contact Information for 16 Pleasant Street, Salem MA 01970

Agent

Name: James Finn

Office

Name: James A. Finn & Sons

Phone: 978-922-0379

Team Members

Payment Calculator

, Interest

Property Taxes 666.42

Principal & Interest 5083.39

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

James A. Finn & Sons

James Finn

Agent Phone

Office Phone

(978) 922-0379

Text Agent Call Agent Call Office

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    [unparsed] => 16 Pleasant Street, Salem MA 01970
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EXIT

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