Property Description

The property at 23 Park Street in Salem, MA, is a well-maintained two-family home built in 1915, offering approximately 1,940 square feet of living space across 12 rooms. The building features two distinct units: the first-floor unit includes a spacious 2-bedroom, 1-bath layout with an eat-in kitchen, a remodeled bathroom, gas heating, and a high-efficiency tankless water heater. Unit 1 has also been freshly painted and updated, making it move-in ready. The second unit spans two floors, includes four bedrooms, and is currently rented for $2,400 per month—providing a strong income stream for investors or owner-occupants. Each unit has separate utilities, further enhancing the property's investment potential. Located in South Salem near Salem State University and downtown, the home offers convenient access to public transportation, shopping, Forest River Park, and the city’s historic waterfront—all within a highly walkable neighborhood.