See Home Value
$939,758*
Multifamily - Off Market

5 Palmer St

Salem, MA 01970
bedrooms
9 Beds
bathrooms
3 Baths
square feet
2940 Sqft
$594,000 - $724,000
Reference Base Price*
42.41%
Since Nov 1, 2019
MA-Boston
Primary Model

About This Property

Great location to realize the rising values and rents of downtown Salem! Just walking distance to shopping area, and restaurants   Great investment or owner occupied  property, rents are low compared with the rental market in Salem   Excellent location, 3 family building with 3 bedrooms in each unit, offering a great layout separate living room and dining room,  hardwood floors bathrooms with new ceramic tile,   full basement coin-op washer, and dryer   Heat is oil,  but there is gas on the house already, lead certificated for all 3 units

The manager has listed the unit size as 2940 square feet.
Unit Size
2,940Ft²
Days on Market
-
Land Size
2,613.00 acres
Price per sqft
$224
Property Type
Multifamily
Property Taxes
$5,679
HOA Dues
-
Year Built
1915

Price History

Date / Event Date Event Price
Mar 23, 2020 Sold to Akinyemi Dosumu, Oyedola Do... $630,000
Sold to Akinyemi Dosumu, Oyedola Do...
Oct 24, 2019 No longer available -
No longer available
Aug 13, 2019 Relisted $659,900
Relisted
Aug 12, 2019 No longer available -
No longer available
Jun 30, 2019 Price Decreased $659,900
↓ $10K (1.5%)
Price Decreased
Show More

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
9 Beds
3 Baths
-
$665,000 Mar 17, 2020
$665,000 Jun 2, 2020
$587/mo
Multifamily
9 Beds
4 Baths
-
$559,000 Jan 26, 2004
$559,000 Jul 15, 2004
$453/mo
Multifamily
9 Beds
3 Baths
-
$490,000 Aug 18, 2005
$490,000 Dec 7, 2005
$320/mo
Multifamily
8 Beds
4 Baths
-
$645,000 Sep 13, 2018
$645,000 Oct 30, 2018
$453/mo
Multifamily
10 Beds
6 Baths
-
$525,000 Aug 29, 2005
$525,000 Oct 14, 2005
$538/mo
Multifamily
10 Beds
3 Baths
-
$490,000 Nov 22, 2005
$490,000 Dec 7, 2006
$393/mo
In Contract
Multifamily
5 Beds
3 Baths
-
$679,900 Mar 9, 2022
-
$631/mo
In Contract
Multifamily
5 Beds
3 Baths
-
$699,000 Nov 9, 2022
-
$548/mo
Multifamily
5 Beds
2 Baths
-
$729,900 Oct 19, 2022
-
$589/mo
Condo
2 Beds
2 Baths
-
$649,000 Dec 7, 2022
-
$789/mo
Condo
3 Beds
3 Baths
-
$699,000 Nov 10, 2022
-
$250/mo
Condo
3 Beds
3 Baths
-
$695,000 Dec 14, 2022
-
$300/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190521
05/21/2019
9 Bed
3 Bath
2940 ft²
$669,900
bedrooms
9 Bed
bathrooms
3 Bath
square feet
2940 ft²
-
-
-
-

Building Info

5 Palmer Street 5 Palmer Street, Salem, MA 01970
More about this Building
5 Palmer Street
Want to find out who owns 5 Palmer Street, Salem, MA 01970? Get detailed property transactions here .

About South Salem


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