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Sold for $701,000 on 09/26/25
  • $701,000

    28 Bow St, Salem, MA 01970

    4beds
    2,128sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $619,200 Zestimate®
    $329/sqft
    $3,720 Estimated rent

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    $3,720/mo

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    $3,720/mo

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    $4,216/mo

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    $4,216/mo

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    What's special

    Opportunity Knocks! Two-Family on the Peabody/Salem Line. Investors, contractors, and savvy buyers – bring your vision to this two-family home ideally located on the Peabody/Salem line. This property offers tremendous potential with solid bones and expansion potential, perfect for rental income, multigenerational living, or future resale. Each unit features spacious rooms, high ceilings, and separate electric, making it a great candidate for renovation.This home is ideal for those looking to add value with updates and repairs. See the partially finished basement and additional rooms on the third floor, along with a great backyard ready for your vision. Whether you're looking for an investment or to customize and hold, the location can't be beat: enjoy easy access to downtown Salem, Peabody shops and restaurants, public transportation, and major highways. Don't miss your chance to transform this property and build equity in a desirable North Shore location.

    Zillow last checked: 8 hours ago

    Listing updated: September 26, 2025 at 11:02am

    Listed by:

    Steven Mallia,

    RE/MAX Beacon

    Bought with:

    Matiely Lugo-Gomez

    J. Barrett & Company

    Source: MLS PIN,MLS#: 73414228

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Features
    • Kitchen, Laundry Room, Living RM/Dining RM Combo
    • Basement: Partially Finished,Walk-Out Access,Interior Entry,Sump Pump
    • Has fireplace: No
    Interior area
    • Total structure area: 2,128
    • Total interior livable area: 2,128 sqft
    • Finished area above ground: 2,128

    Property

    Parking
    • Total spaces: 6
    • Parking features: Paved Drive, Off Street, Paved
    • Has uncovered spaces: Yes
    Features
    • Fencing: Fenced/Enclosed
    Lot
    • Size: 6,761 sqft
    Details
    • Parcel number: M:15 L:0111,2128536
    • Zoning: R1

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Foundation: Other
    • Roof: Shingle
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station, University, Sidewalks
    Location
    • Region: Salem

    HOA & financial

    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Road surface type: Paved
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    Estimated market value
    $619,200