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Pending

17 Nursery Street, Salem MA 01970

$650,000

Estimated $1,641/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $325,000

Total Rent: 0/year

Estimated CAP Rate:

4 Bedrooms

Baths

2405

Total Parking: 6 (2 Garage)

3,441 (0.07)

2 Family! Opportunity awaits at 17 Nursery Street in historic Salem! Family-owned for over 50 years, this spacious 10-room, 2,405 sq. ft. 2 family home offers a flexible layout and plenty of potential for an owner-occupant, investor, or multi-generational living. The first-floor unit features a 1+ bedroom layout, while the second and third floors combine to create a spacious 4+ bedroom layout. Outside, enjoy a level 3,441 sq. ft. yard, a detached 2-car garage, and additional off-street parking for approximately 3 vehicles. Spacious dry basement with an additional bathroom, ready for ideas to expand the first level. Situated among well-kept and renovated homes, this property offers a convenient location just steps from McGlew Park and close to the North Street bus line, Bishop Fenwick, downtown Salem, shopping, dining, schools, and area amenities. This property offers the next owner an opportunity to bring their own vision and updates to a generously sized home in one of Salem’s established neighborhoods. Seller has not lived in the property for over 20 years; it is being sold in as-is condition. Do not delay; this will not last even in this market!

This home has been viewed 5 times

Last Checked: October 23rd, 2026 at 6:28am (Source: MLS PIN #73590876)

Gross Income: $0

Gross Expenses: $7,040

Net Income Calc: $7,040

Annual Expenses for 17 Nursery Street, Salem MA 01970

Total Gross Expenses (Calculated)$7,040/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7040

Annual Income & Unit Breakdown for 17 Nursery 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

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 17 Nursery Street, Salem MA 01970

Listing ID73590876

Property TypeMulti Family / 2 Family

Price650000 ($270.27/SqFt)

Style2 Family - 2 Units Up/down

CitySalem

CountyEssex

Neighborhood(s)Ipswich

Approximate Living Area Total2405

Approximate Lot Size (Acres)0.07

Total Parking6 (2 Garage)

Garage Parking2

Year Built1890

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningMuiti-Gard

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 17 Nursery Street, Salem MA 01970

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSurveillance Devices

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 17 Nursery Street, Salem MA 01970

Real Estate Taxes7040

Tax Year2026

Assessed Value$665,500

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 17 Nursery Street, Salem MA 01970

Neighborhood(s)Ipswich

Area AmenitiesWalk/jog Trails

Contact Information for 17 Nursery Street, Salem MA 01970

Agent

Name: Katie DiVirgilio

Office

Name: RE/MAX 360

Phone: 978-560-8500

Payment Calculator

, Interest

Property Taxes 586.67

Principal & Interest 4005.09

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX 360

Katie DiVirgilio

Agent Phone

Office Phone

(978) 560-8500

Text Agent Call Agent Call Office

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    [description] => 2 Family! Opportunity awaits at 17 Nursery Street in historic Salem! Family-owned for over 50 years, this spacious 10-room, 2,405 sq. ft. 2 family home offers a flexible layout and plenty of potential for an owner-occupant, investor, or multi-generational living. The first-floor unit features a 1+ bedroom layout, while the second and third floors combine to create a spacious 4+ bedroom layout. Outside, enjoy a level 3,441 sq. ft. yard, a detached 2-car garage, and additional off-street parking for approximately 3 vehicles. Spacious dry basement with an additional bathroom, ready for ideas to expand the first level. Situated among well-kept and renovated homes, this property offers a convenient location just steps from McGlew Park and close to the North Street bus line, Bishop Fenwick, downtown Salem, shopping, dining, schools, and area amenities. This property offers the next owner an opportunity to bring their own vision and updates to a generously sized home in one of Salem’s established neighborhoods. Seller has not lived in the property for over 20 years; it is being sold in as-is condition. Do not delay; this will not last even in this market!
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EXIT

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