Mixed-Use Gem in Prime Salem Location! Welcome to 124 Boston Street, a beautifully renovated mixed-use property located in vibrant Salem. This versatile building offers strong investment potential and the perfect blend of residential and commercial space, ideal for owner-occupants or investors alike.The property features two updated residential units: a spacious 1-bedroom, 1-bathroom apartment with modern finishes and abundant natural light, and a 2bedroom, 1bathroom unit, perfect for rental income or multi-generational living. At street level, a renovated commercial storefront offers prime visibility on Boston Street – a high-traffic thoroughfare connecting downtown Salem to Peabody and Route 128. The retail space is ideal for a boutique, office, salon, small cafe, bar and more. Plenty of off st parking and a 2 car detached garage. Located near schools, hospitals, downtown Salem, Highland Ave biz district and major routes like 114, 107, 128 and 1A. Schedule your private showing today!
For sale
$899,000
124 Boston St, Salem, MA 01970
3beds
2,717sqft
Est.:
3 Family - 3 Units Up/Down
Built in 1890
-- sqft lot
$-- Zestimate®
$331/sqft
$-- HOA
What's special
- 29 days
- on Zillow |
- 289 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: August 01, 2025 at 10:00am
Listed by:
Farrar Realty Group,
Atlantic Coast Homes,Inc,
Kevin Farrar
Source: MLS PIN,MLS#: 73388804
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,717
- Total interior livable area: 2,717 sqft
- Finished area above ground: 2,717
Property
Parking
- Total spaces: 6
- Parking features: Paved Drive, Off Street, Paved
- Garage spaces: 2
- Has uncovered spaces: Yes
Lot
- Size: 4,901 Square Feet
Details
- Parcel number: M:16 L:0157,4078518
- Zoning: B2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family - 3 Units Up/Down
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1890
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
Location
- Region: Salem
Financial & listing details
- Price per square foot: $331/sqft
- Tax assessed value: $500,300
- Annual tax amount: $7,912
- Date on market: 7/5/2025
- Total actual rent: 4900
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