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For sale
  • $899,000

    124 Boston St, Salem, MA 01970

    3beds
    2,717sqft
    : 
    3 Family - 3 Units Up/Down
    Built in 1890
    -- sqft lot
    $-- Zestimate®
    $331/sqft
    $-- HOA

    What's special

    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!
    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

    We'll find a local expert to take you on a private tour of 124 Boston St.

    Next available tour time:Today at 11am

    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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