5 Willow Ave, Salem, MA 01970
5 Willow Ave, Salem, MA 01970
5 Willow Ave, Salem, MA 01970
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Olumide Olurinmade

Olumide Olurinmade

+1(919) 699-2200
$875,000
Est. payment /mo
5 Beds
3 Baths
2,229 SqFt
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Open House

Thu Sep 17, 5:30pm - 6:30pm

Sat Sep 19, 12:00pm - 1:30pm

Sun Sep 20, 12:00pm - 1:30pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 Family - 2 Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 2,229 sqft

Price per Sqft $392

MLS Listing ID 73578416

Bedrooms 5

Full Baths 3

Year Built 1890

Annual Tax Amount $7,309

Tax Year 2026

Lot Size 2,613 Sqft

Acres 0.06

Property Sub-Type 2 Family - 2 Units Up/Down

Property Description

Location and value! Conveniently situated between downtown Salem and Salem State University, this updated two-family offers a strong rental history and a truly turn-key opportunity for an investor or owner-occupant. The first floor features a one-bedroom, one-bath unit, while the upper unit spans two levels with four bedrooms, two baths, and a vaulted bonus room. Unit 2 is now vacant and most recently rented for $4,000/month. A long list of upgrades, separate utilities, one-car garage, driveway, and low-maintenance patio add to the appeal. Enjoy easy access to downtown Salem's shops, restaurants, commuter rail, and ferry to Boston, and don't miss the small neighborhood beach at the end of the street!

Location

State MA

County Essex

Area South Salem

Zoning R1

Direction Lafayette St to Willow Ave

Rooms

Basement Unfinished

Exterior

Garage Spaces 1.0

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, House of Worship, Marina, Public School, University

Roof Type Shingle

Total Parking Spaces 5

Garage Yes

Building

Lot Description Level

Story 3

Foundation Stone, Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Compass

NEARBY SCHOOL & BUSINESS

Olumide Olurinmade
Olumide Olurinmade

Broker License ID: 009500771

+1(919) 699-2200 | olushow@gmail.com

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5 Willow Ave