Homes for sale - 4 Lemon Street Ct, Salem, MA 01970

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Lori Lincoln

lori@thinklorilincoln.com +1(508) 878-0917

$850,000

Est. payment - /mo

5 Beds

3 Baths

2,005 SqFt

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,005 sqft

Price per Sqft $423

MLS Listing ID 73367401

Bedrooms 5

Full Baths 3

Year Built 1880

Annual Tax Amount $8,652

Tax Year 2025

Lot Size 2,613 Sqft

Acres 0.06

Property Sub-Type Multi Family

Property Description

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.

Location

State MA

County Essex

Zoning R2

Direction Bridge St to Lemon St to Lemon St Court. Please park on Lemon St and walk down Lemon St Court.

Rooms

Basement Full, Interior Entry, Unfinished

Interior

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

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Wood, Tile, Carpet, Hardwood, Stone/Ceramic Tile

Appliance Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Rain Gutters

Community Features 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

Utilities Available for Electric Range, for Electric Dryer, Washer Hookup

Waterfront Description Beach Front,Ocean,1/2 to 1 Mile To Beach,Beach Ownership(Public)

Roof Type Shingle

Total Parking Spaces 3

Garage No

Building

Lot Description Level

Story 3

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Acceptable Financing Contract

Listing Terms Contract

Virtual Tour https://youtu.be/iAw0qMAFvGs

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Listed by J. Barrett & Company

Learn More About LPT Realty

Contact Us

+1(508) 878-0917

lori@thinklorilincoln.com

4 Lemon Street Ct Salem, MA 01970