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$649,000
Monthly Est:$3,230
2 Beds
2 Baths2 full baths
1,874sqft
61 Mason St, Salem, MA 01970
$649,000
$3,230/moEst:
Get Pre-Approved
Multi Family
Built in 1850
$-- HOA
0.13 acre lot
$346/sq.ft
Description
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.
- Houzeo last checked: 12 hours ago
- Listing updated: October 7, 2026 at 11:04 pm
- Listing Provided by: Alex Rice (617) 765-7076 | North Shore Realty Advisors (617) 548-7737
- Source: MLS Property Information Network-MA | MLS#: 73588049
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1850
HOA Fees
-
Finished Area
1,874 sqft
Lot Size
0.13 acre lot
Basement Area
- sqft
MLS Name
MLS Property Information Network
MLS Number
73588049
MLS Status
New
Days on Market
2
Open House
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Interior
Sewer
Public Sewer
Construction
Year Built
Year Built: 1850
Home type
Multi Family
Foundation Details
Stone
Utilities & Energy
Parking Features
Paved Drive
Water Source
Public
Price History
| Date | Event | Price |
|---|---|---|
10/07/2026 Source: | Listed for Sale | $649,000 $346/sqft |
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Based on information provided to and compiled by MLS Property Information Network, Inc. covering through Oct 09, 2026, 02:30PM. The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. © 2026 MLS Property Information Network, Inc. All Rights Reserved.
Advertising Broker: Derek Greene | The Greene Realty Group