61 Mason St, Salem, MA 01970
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
61 Mason St,Salem, MA 01970
$649,000
- 2 Beds
- 2 Baths
- 1,874 sq. ft.
- Multi-family
- Active
Upcoming open houses
- Sat, Oct 1010:30 am - 11:30 am
Listed by: alex rice, alex rice
Office: north shore realty advisors
MLS#:73588049
Source:MLSPIN
Price summary
- Price:$649,000
- Price per sq. ft.:$346.32
About this home
Owner occupants, investors, contractors, and developers take notice! 61 Mason Street presents a rare opportunity to own a two-family in a highly convenient Salem location with significant potential to build equity and add value. Live in one unit and offset your mortgage with rental income, while enjoying the benefits of homeownership and long-term investment potential. The existing two-family layout, along with additional space in the attic, provides flexibility for future use or improvements. Investors will also appreciate the opportunity to grow their portfolio and unlock additional value. Ideally situated just a quick walk from vibrant downtown Salem, the commuter rail, waterfront, restaurants, shopping, parks, and museums, while remaining outside the busiest tourist areas. For those looking toward the future, the property was previously approved for a five-unit development plan, offering buyers the opportunity to explore similar redevelopment potential, subject to current approvals and buyer due diligence. Whether you're looking for a home with rental income, an investment property, or a larger development opportunity, 61 Mason Street offers a unique range of possibilities....
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Home facts
- Year built:1850
- Listing ID #:73588049
- Updated:October 08, 2026 at 12:11 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:6
- Living area:1,874 sq. ft.
Structure and exterior
- Year built:1850
- Building area:1,874 sq. ft.
- Lot area:0.13 Acres
- Foundation Description:Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$649,000
- Price per sq. ft.:$346.32
- Tax amount:$5,445 (2026)
Parking
- Total parking spaces:3
- Parking description:Paved Drive
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