Multi-Family for Sale: 38-40 Moffatt Rd, Salem, MA 01970

4 beds
2 full baths
2,153 sqft
$729,000
$729,000
38-40 Moffatt Rd, Salem, MA 01970
4 beds
2 full baths
2,153 sqft
$729,000
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Price:
$729,000

Type Multi-Family
Beds 4
Total Baths 2 full baths
Square Feet 2,153 sqft
Garage Spaces 2
Lot Size 0.13 acres
Year Built 1930

City Salem
County Essex

MLS 73258373
Status Active Under Contract
DOM 6 days
UPDATE: OFFER DEADLINE MON, JULY 1ST AT 12PM. Explore an exceptional investment in Salem with this well-maintained 2-family property, ideally situated next to Salem State University. Each unit offers 2 spacious bedrooms, modern kitchens with stainless steel appliances, and bright living areas. Featuring a private backyard with a garage, this property is delivered fully vacant, presenting a perfect opportunity for investors seeking strong rental potential. Its convenient location near campus amenities and downtown Salem's vibrant attractions enhances its appeal to potential tenants. Don't miss this turnkey opportunity to own a prime piece of Salem's real estate. Schedule your showing today!

Lot & Building Features

Appliances Dishwasher, Refrigerator, Range
Construction Frame
Cooling Window Unit(s)
Heating Hot Water, Natural Gas
Sewer Public Sewer
Tax Year 2024
Taxes Paid $6,758
Water Public
Foundation Concrete Perimeter, Stone
Exterior Features Rain Gutters
Roof Shingle
Full Baths 2
Parking Off Street, Tandem, Paved Drive, Paved
Total Rooms 10
Basement Feature Partially Finished
Garage Spaces 2

Price History of 38-40 Moffatt Rd, Salem, MA

Date Name Price Difference
06/27/2024 Listing Price $729,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$530,000
$259 / sqft
Average
$752,615
$350 / sqft
High
$940,000
$481 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Salem 01970 4 2.0 $729,000 2,153 $339 N/A
8 Pleasant St Salem 01970 5 2.0 $810,000 2,336 $347 10/18/2023
230 Eastern Ave Lynn 01902 5 2.0 $530,000 2,050 $259 10/25/2023
316-B Essex St Lynn 01902 4 2.0 $625,000 2,140 $292 10/30/2023
2 Englewood Road Peabody 01960 4 2.0 $685,000 2,208 $310 11/03/2023
17 Proctor Street Peabody 01960 5 3.0 $830,000 2,100 $395 01/02/2024
6 Thorndike Ter Swampscott 01907 5 2.0 $760,000 2,080 $365 12/11/2023
61 Jersey St Marblehead 01945 5 2.0 $805,000 2,322 $347 12/28/2023
12 Churchill St Salem 01970 4 2.0 $700,000 2,000 $350 02/27/2024
35 Fearless Ave Lynn 01902 5 2.0 $685,000 1,958 $350 05/10/2024
32-34 Harvest Street Lynn 01902 4 2.0 $778,000 2,330 $334 04/26/2024
43 Appleton St Salem 01970 4 2.5 $836,000 2,291 $365 04/30/2024
65 King St Swampscott 01907 4 2.0 $940,000 1,953 $481 06/06/2024
102 Eutaw Ave Lynn 01902 4 2.0 $800,000 2,157 $371 06/18/2024

Map of 38-40 Moffatt Rd, Salem, MA

Location Map Street View
Photo of Kevin Erikson
Direct: 603-321-9569
Office
14 York Street
York, ME 03909
207-363-4000
Listed by Cameron Real Estate Group, Eclipse Group
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6.75%
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38-40 Moffatt Rd (MLS #73258373) is a multi-family listing located in Salem, MA. This multi-family listing is 2,153 sqft and on a lot of 5,702 sqft (or 0.13 acres) with 4 bedrooms, 2 baths and is 94 years old. This property was listed on 06/27/2024 and has been priced for sale at $729,000.

The 4 bedroom multi-family listing at 12 Churchill St in Salem is nearby and sold for $700,000 on 02/27/2024. Another nearby 4 bedroom multi-family listing, 65 King St in Swampscott sold for $940,000 on 06/06/2024.

Nearby zip codes are 01902, 01904, 01907, 01945 and 01960. This property neighbors other cities such as Beverly, Lynn, Marblehead, Peabody and Swampscott.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Cameron Real Estate Group

The property listing data and information 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 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 set forth herein.