10-14 Lynch St, Salem, MA 01970

Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
10-14 Lynch St,Salem, MA 01970
$3,400,000
  • 28 Beds
  • 12 Baths
  • 11,519 sq. ft.
  • Multi-family
  • Active
Listed by: brian dapice
Office: the mega group
MLS#:73457565
Source:MLSPIN

Price summary

  • Price:$3,400,000
  • Price per sq. ft.:$295.16

About this home

Lynch Street Apartments is a 11,519 +/- square foot 12-unit brick apartment building with nine off-street parking spaces situated on a 6,460 +/- square feet corner lot. The unit makeup is four (4) 3-bedroom apartments and eight (8) 2-bedroom apartments, each unit has one (1) bathroom and is individually metered for electricity with heat and hot water by natural gas supplied by the landlord. All twelve units are de-leaded. Hookups are in place for coin-operated laundry facilities. All occupants are TAW which offers an extraordinary Value Add Opportunity simply by bringing rents to market value with minimal capital improvements needed. 10-14 Lynch Street is located in Salem Massachusetts within walking distance to both Salem State University and the historic downtown amenities such as tourist attractions, restaurants, breweries and the waterfront activities. One tenant is being evicted, all rents are below market value, buyer should really be experienced with I/O loans, cash or 1031.

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Home facts

  • Year built:1920
  • Listing ID #:73457565
  • Updated:November 24, 2025 at 11:58 PM

Rooms and interior

  • Bedrooms:28
  • Total bathrooms:12
  • Full bathrooms:12
  • Living area:11,519 sq. ft.

Structure and exterior

  • Roof:Rubber
  • Year built:1920
  • Building area:11,519 sq. ft.
  • Lot area:0.15 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,400,000
  • Price per sq. ft.:$295.16
  • Tax amount:$30,484 (2025)
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