Skip main navigation
Sold for $855,000 on 07/08/25
  • $855,000

    4 Lemon Street Ct, Salem, MA 01970

    5beds
    2,005sqft
    Multi Family
    Built in 1880
    -- sqft lot
    $855,300 Zestimate®
    $426/sqft
    $4,117 Estimated rent

    What's special

    Minutes from downtown Salem, Salem Common, and the T-station, this well-maintained 2-unit property offers a fantastic investment or owner occupant opportunity. The first-floor unit features 2 beds, 1 bath, while the spacious second-floor unit spans 2 levels with 3 beds and 2 full baths, including a primary bath. Both units feature in-unit laundry, cherry cabinets, granite counters, and stainless steel appliances. The open-concept kitchen, living, and dining areas are highlighted by hardwood floors. High-efficiency gas heating, central air, and separate utilities throughout. The property has had many updates in the past 10 years, ensuring modern comfort. Outside, you'll find a shed and parking for 3 cars. The 3-bed unit rents for $2,802/month, and the 2-bed unit for $1850/month. This turnkey property is perfect for investors or owner-occupants looking to offset their mortgage with rental income.

    Zillow last checked: 7 hours ago

    Listing updated: July 08, 2025 at 10:25am

    Listed by:

    The Lopes Group,

    J. Barrett & Company

    Bought with:

    David Brown

    Coldwell Banker Realty - Beverly

    Source: MLS PIN,MLS#: 73367401

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Storage, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Open Floorplan, Bathroom with Shower Stall, Kitchen, Laundry Room, Living RM/Dining RM Combo
    • Flooring: Wood, Tile, Carpet, Hardwood, Stone/Ceramic Tile
    • Doors: Insulated Doors
    • Windows: Insulated Windows
    • Basement: Full,Interior Entry,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,005
    • Total interior livable area: 2,005 sqft
    • Finished area above ground: 2,005

    Property

    Parking
    • Total spaces: 3
    • Parking features: Paved Drive, Off Street, Paved
    • Has uncovered spaces: Yes
    Features
    • Exterior features: Rain Gutters
    • Waterfront features: Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
    Lot
    • Size: 2,400 sqft
    • Features: Level
    Details
    • Additional structures: Shed(s)
    • Parcel number: M:36 L:0049,2137174
    • Zoning: R2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame
    • Foundation: Stone
    • Roof: Shingle
    Condition
    • Year built: 1880

    Utilities & green energy

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

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, House of Worship, Marina, Public School, T-Station, University
    Location
    • Region: Salem

    HOA & financial

    Other financial information
    • Total actual rent: 4652

    Other

    Other facts
    • Listing terms: Contract
    • Road surface type: Paved
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $855,300

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $855,300