Sold for $762,000

$762,000

38-40 Moffatt Rd, Salem, MA 01970

4beds

2,153sqft

2 Family - 2 Units Side by Side

Built in 1930

-- sqft lot

$-- Zestimate^®

$354/sqft

$-- Estimated rent

Home value

Not available

Estimated sales range

Not available

Zestimate^® history

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$4,764/mo

Est. payment

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$4,764/mo

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What's special

UPDATE: OFFER DEADLINE MON, JULY 1ST AT 12PM. Explore an exceptional investment in Salem with this well-maintained 2-family property, ideally situated next to Salem State University. Each unit offers 2 spacious bedrooms, modern kitchens with stainless steel appliances, and bright living areas. Featuring a private backyard with a garage, this property is delivered fully vacant, presenting a perfect opportunity for investors seeking strong rental potential. Its convenient location near campus amenities and downtown Salem's vibrant attractions enhances its appeal to potential tenants. Don't miss this turnkey opportunity to own a prime piece of Salem's real estate. Schedule your showing today!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Hot Water, Natural Gas

Cooling

Window Unit(s)

Appliances

Included: Range, Dishwasher, Refrigerator
Laundry: Electric Dryer Hookup, Washer Hookup

Features

Flooring: Tile, Hardwood, Vinyl / VCT
Basement: Partially Finished
Has fireplace: No

Interior area

Total structure area: 2,153
Total interior livable area: 2,153 sqft

Property

Parking

Total spaces: 10
Parking features: Paved Drive, Off Street, Tandem, Paved
Garage spaces: 2
Uncovered spaces: 8

Features

Patio & porch: Enclosed, Deck - Wood, Deck - Vinyl, Deck - Composite
Exterior features: Rain Gutters
Fencing: Fenced

Lot

Size: 5,702 Square Feet
Features: Cleared

Details

Parcel number: 2130533
Zoning: R1

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 Family - 2 Units Side by Side

Materials

Frame
Foundation: Concrete Perimeter, Stone
Roof: Shingle

Condition

Year built: 1930

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: for Electric Range, for Electric Dryer, Washer Hookup

Community & HOA

Location

Region: Salem

Financial & listing details

Price per square foot: $354/sqft
Tax assessed value: $581,600
Annual tax amount: $6,758
Date on market: 1/8/2026
Total actual rent: 0

Price history

Date	Event	Price
8/21/2024	Sold	$762,000+4.5%$354/sqft
Source: MLS PIN #73258373 Report a problem
7/2/2024	Contingent	$729,000$339/sqft
Source: MLS PIN #73258373 Report a problem
6/27/2024	Listed for sale	$729,000$339/sqft
Source: MLS PIN #73258373 Report a problem