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Listing: 1 of 1 Updated 10 minutes ago

4 Lemon Street Ct Salem, MA 01970

Multi-Family $850,000



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.


General Information for 4 Lemon Street Ct Salem, MA 01970

Town Salem
County Essex
Stories 3
SQFT 2,005
Status Available
Listing Number 73367401 (MLSPIN)

Rooms Information for 4 Lemon Street Ct Salem, MA 01970

Laundry Electric Dryer Hookup
Washer Hookup

Interior Information for 4 Lemon Street Ct Salem, MA 01970

Basement Full
Interior Entry
Unfinished
Interior Features Storage
Stone/Granite/Solid Counters
Bathroom With Tub & Shower
Open Floorplan
Bathroom with Shower Stall
Kitchen
Laundry Room
Living RM/Dining RM Combo
Wood
Tile
Carpet
Hardwood
Stone/Ceramic Tile
Heating Forced Air
Natural Gas
Cooling Central Air
Appliances Range
Dishwasher
Disposal
Microwave
Refrigerator
Washer
Dryer

Exterior Information for 4 Lemon Street Ct Salem, MA 01970

Lot Size 0.06 acres
Lot Description Level
Construction Frame
Parking Spaces: 3
Paved Drive
Off Street
Paved
Lot Level
Water Public
Sewer Public Sewer
Exterior Features Rain Gutters

Neighborhood Information for 4 Lemon Street Ct Salem, MA 01970

Neighborhood Amenities 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

Miscellaneous Information for 4 Lemon Street Ct Salem, MA 01970

Year Built 1880
Association Fee 0
Taxes $8,652 /Yr
Comp Buyer Agency Compensation:
Buyer Agency Compensation Type:
Sub Agency Compensation:
Sub Agency Compensation Type:
Transaction Broker Compensation:
Compensation Based On:
Sub-Agency Relationship Offered:

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Listing provided courtesy of j. barrett & company

Market Snapshot as of May 2, 2025 (Last 30 days)

Condo Data
Units 6,627
Avg Price $1,010,168
Avg Days Listed 87
Total New Listings 41
House Data
Units 11,119
Avg Price $1,303,530
Avg Days Listed 76
Total New Listings 20
Multi-Family Data
Units 1,764
Avg Price $1,304,284
Avg Days Listed 103
Total New Listings 11

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Listing: 1 of 1 Updated 10 minutes ago
Real Estate LogoThe property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. (AN0125/TM326374)