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5 Beds
4 Baths
2,432 sqft

$675,000

86-88 Summer St, Salem MA, 01970

Price per sqft$277.55
Built in1870
Property size2,432 sqft
Property typeMulti-family

Overview

Active

Listed Nov 4, 2026

Updated 12h ago

Opportunity to own two- detached single-family homes on one lot. Located at 86-88 Summer Street, this unique property offers potential for renovation, investment, or future resale. Each home features its own private entrance and independent living space with no shared walls.86 Summer Street consists of approximately 830 square feet with 2 bedrooms and 1 full bathroom.******** 88 Summer Street offers approximately 1,602 square feet with 3 bedrooms and 2.5 bathrooms. ******* The property also features 6 off-street parking spaces, an exceptional amenity in downtown Salem. Both homes are in need of improvements and present an excellent opportunity for investors or contractors looking to unlock their full potential. Whether renovating for rental income, resale, or owner occupancy with supplemental rental income, the possibilities are compelling. Conveniently located just moments from Salem's vibrant downtown, restaurants, shops, waterfront, and commuter rail service to Boston. Additional parking is at back on Downing Street.

$4,491/mo

Est. mortgage payment based on a $675,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
73598820

Interior Features

Bedrooms
5
Bathrooms
4
Basement
Yes

Exterior Features

Lot Size
0.23 Acres

Other Property Details

Taxes
$9,242
Tax Frequency
Annually
55+/Senior Community
No

This listing is provided by Herrick Lutts Realty Partners with Herrick Lutts Realty Partners

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Data last updated 4:20 AM UTC, 11/10/2026

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