This 2-unit multi-family home offers a fantastic opportunity for a complete renovation or a condo conversion project. Ideal for investors, contractors or developers, this property has the potential to generate income as a rental or be transformed into two individual condo units, in a highly desirable Salem location. Just minutes from Salem’s vibrant shops, restaurants, art galleries, museums, beaches, hiking trails, campgrounds, as well as convenient commuter options via the rail and ferry. Don’t miss this chance to reimagine and revitalize a piece of Salem’s history. Whether you’re looking to create an income-generating property or sell custom condos, this is a rare opportunity to make your mark in one of New England’s most sought-after cities!
Sold for $650,000 on 05/01/25
$650,000
22 Prescott St, Salem, MA 01970
6beds
2,594sqft
2 Family - 2 Units Up/Down
Built in 1915
-- sqft lot
$875,900 Zestimate®
$251/sqft
$3,186 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: May 05, 2025 at 10:08am
Listed by:
Lento + Rivkind Real Estate Team,
Coldwell Banker Realty - Boston
Bought with:
Lento + Rivkind Real Estate Team
Coldwell Banker Realty - Boston
Source: MLS PIN,MLS#: 73324257
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,594
- Total interior livable area: 2,594 sqft
- Finished area above ground: 2,594
Property
Parking
- Total spaces: 2
- Parking features: Off Street
Features
- Patio & porch: Porch
Lot
- Size: 4,169 sqft
- Features: Other
Details
- Parcel number: M:25 L:0526,2131932
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 Family - 2 Units Up/Down
Materials
- Foundation: Other
Condition
- Year built: 1915
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School, University, Other
Location
- Region: Salem
HOA & financial
Other financial information
- Total actual rent: 0
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Estimated market value
$875,900