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$649,000
15 Days On Site

61 Mason St
Salem, MA 01970

For Sale|Multi Family|Active Under Contract
2
Beds
2
Total Baths
2
Full Baths
1,874
SqFt
$346
/SqFt
1850
Built
County:
Essex
Call Now: 617-299-0289
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617-299-0289
61 Mason St61 Mason St61 Mason St61 Mason St
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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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Listing Snapshot
Price 
$649,000
Days On Site 
15 Days
Bedrooms 
2
Inside Area (SqFt) 
1,874 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.13 Acres
Year Built 
1850
MLS Number 
73588049
Status 
Active Under Contract
Property Tax 
$5,445
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS
a week agoStatus changed to Active Under Contract
2 weeks agoListing first seen on site
General Features
Acres 
0.13
Foundation 
Stone
Number Of Stories 
2
Parking 
Paved
Parking Spaces 
3
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Above 
1874
SqFt Total 
1874
Water Source 
Public
Zoning 
NRCC
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Listing courtesy of Alex Rice of North Shore Realty Advisors



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, landlords, 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, leasing or renting 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, leasing or renting. 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.

Last checked 2026-10-23 01:53 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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