$850,000
4 Lemon Street Ct
Salem, MA, 01970
Minutes from downtown Salem, Salem Common, and the T-station, this well-maintained 2-unit property offers a fantastic investment or owner occupant opportunity. The first-floor unit features 2 beds, 1 bath, while the spacious second-floor unit spans 2 levels with 3 beds and 2 full baths, including a primary bath. Both units feature in-unit laundry, cherry cabinets, granite counters, and stainless steel appliances. The open-concept kitchen, living, and dining areas are highlighted by hardwood floors. High-efficiency gas heating, central air, and separate utilities throughout. The property has had many updates in the past 10 years, ensuring modern comfort. Outside, you’ll find a shed and parking for 3 cars. The 3-bed unit rents for $2,802/month, and the 2-bed unit for $1850/month. This turnkey property is perfect for investors or owner-occupants looking to offset their mortgage with rental income.
Property Details
Price:
$850,000
MLS #:
73367401
Status:
Active
Beds:
5
Baths:
3
Address:
4 Lemon Street Ct
Type:
Multi Family
City:
Salem
Listed Date:
Apr 30, 2025
State:
MA
Finished Sq Ft:
2,005
Total Sq Ft:
2,005
ZIP:
01970
Lot Size:
2,400 sqft / 0.06 acres (approx)
Year Built:
1880
Units:
2
Schools
Interior
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Bathrooms
3 Full Bathrooms
Cooling
Central Air
Flooring
Wood, Tile, Carpet, Hardwood, Stone/ Ceramic Tile
Heating
Forced Air, Natural Gas
Laundry Features
Electric Dryer Hookup, Washer Hookup
Exterior
Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/ Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, House of Worship, Marina, Public School, T- Station, University
Construction Materials
Frame
Exterior Features
Rain Gutters
Other Structures
Shed(s)
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
3
Roof
Shingle
Financial
Tax Year
2025
Taxes
$8,652
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Courtesy of J. Barrett & Company. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
4 Lemon Street Ct
Salem, MA
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