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31 Williams Street, Salem MA 01970

$599,000

Estimated $1,440/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $299,500

Total Rent: 0/year

Estimated CAP Rate:

3 Bedrooms

Baths

1863

Total Parking: 0

1,015 (0.02)

Classic Salem character in the historic Bridge Street Neck. This cedar shingle 2-family sits on a quiet, tree-shaded street in one of Salem's most charming residential neighborhoods, a National Register historic district where Federal, Greek Revival, and Victorian homes line the blocks just minutes from downtown.The potential here is real. Two units and a private rooftop deck with city views give you room to make it your own, with good bones in an irreplaceable location. This home needs renovation & updates, priced accordingly. Bring your vision and create instant equity in one of the North Shore's most sought-after neighborhoods. Moments from the commuter rail, Salem Common, the harbor, and the museums, with Essex Street dining, cafes, and boutiques close by. On-street permit parking only, the trade-off for living where the very best of Salem is right outside your door. A rare chance to own a piece of historic Salem. The home needs repairs and updates. Call listing agent with question

This home has been viewed 14 times

Last Checked: June 11th, 2026 at 5:23am (Source: MLS PIN #73525740)

Gross Income: $0

Gross Expenses: $5,619

Net Income Calc: $5,619

Waterfront

Water Views

Annual Expenses for 31 Williams Street, Salem MA 01970

Total Gross Expenses (Calculated)$5,619/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5619

Annual Income & Unit Breakdown for 31 Williams Street, Salem MA 01970

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full, 1 Half

Floor2

Levels in Unit2

Rent Includes

General Information for 31 Williams Street, Salem MA 01970

Listing ID73525740

Property TypeMulti Family / 2 Family

Price599000 ($321.52/SqFt)

Style2 Family - 2 Units Up/down

CitySalem

CountyEssex

MLS AreaDowntown

Neighborhood(s)Ipswich

Approximate Living Area Total1863

Approximate Lot Size (Acres)0.02

Total Parking0

Garage Parking0

Year Built1800

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Area875

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR2

Water ViewsNo

Water Views Features

Waterfront1

Waterfront FeaturesRiver

Terms

Disclosures for 31 Williams Street, Salem MA 01970

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher

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 31 Williams Street, Salem MA 01970

Real Estate Taxes5619

Tax Year2025

Assessed Value$495,500

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 31 Williams Street, Salem MA 01970

Elementary SchoolBates Elementary

Middle SchoolCollins Middle

High SchoolSalem Hs

Neighborhood(s)Ipswich

MLS AreaDowntown

Area AmenitiesWalk/jog Trails

Contact Information for 31 Williams Street, Salem MA 01970

Agent

Name: Stewart Woodward

Office

Name: Real Broker MA, LLC

Phone: 855-450-0442

Payment Calculator

, Interest

Property Taxes 468.25

Principal & Interest 3690.85

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Real Broker MA, LLC

Stewart Woodward

Agent Phone

Office Phone

(855) 450-0442

Text Agent Call Agent Call Office

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    [description] => Classic Salem character in the historic Bridge Street Neck. This cedar shingle 2-family sits on a quiet, tree-shaded street in one of Salem's most charming residential neighborhoods, a National Register historic district where Federal, Greek Revival, and Victorian homes line the blocks just minutes from downtown.The potential here is real. Two units and a private rooftop deck with city views give you room to make it your own, with good bones in an irreplaceable location. This home needs renovation & updates, priced accordingly. Bring your vision and create instant equity in one of the North Shore's most sought-after neighborhoods. Moments from the commuter rail, Salem Common, the harbor, and the museums, with Essex Street dining, cafes, and boutiques close by. On-street permit parking only, the trade-off for living where the very best of Salem is right outside your door. A rare chance to own a piece of historic Salem. The home needs repairs and updates. Call listing agent with question
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    [unparsed] => 31 Williams Street, Salem MA 01970
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EXIT

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