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$850,000
5 Days On Site

4 Lemon Street Ct
Salem, MA 01970

For Sale|Multi Family|Active
5
Beds
3
Full Baths
0
Partial Baths
2,005
SqFt
$424
/SqFt
1880
Built
County:
Essex

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4 Lemon Street Ct4 Lemon Street Ct4 Lemon Street Ct4 Lemon Street Ct
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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.

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Listing Snapshot
Price 
$850,000
Days On Site 
5 Days
Bedrooms 
5
Inside Area (SqFt) 
2,005 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.06 Acres
Year Built 
1880
MLS® Number 
73367401
Status 
Active
Property Tax 
$8,652
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
6 days agoListing first seen on site
General Features
Acres 
0.06
Disclosures 
Seller/seller's agents make no warranties/representations,buyer/buyer's agent responsible for due diligence. Sold A S- I S Condition. Appliances left as gifts. Room size is approximate. Unit 1 lease ends 6/30/25, Unit 2 lease ends 8/31/25.
Foundation 
Stone
Number Of Stories 
3
Parking 
PavedOff Street
Parking Spaces 
3
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Above 
2005
SqFt Total 
2005
Water Source 
Public
Zoning 
R2
Interior Features
Appliances 
RangeDishwasherDisposalMicrowaveRefrigeratorWasherDryerGas Water Heater
Basement 
FullInterior EntryUnfinished
Cooling 
Central Air
Electric 
Circuit Breakers
Flooring 
WoodTileCarpetHardwood
Heating 
Natural GasForced Air
Interior 
StorageOpen Floorplan
Laundry Features 
Electric Dryer HookupWasher Hookup
Window Features 
Insulated Windows
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Exterior Features
Construction Details 
Frame
Exterior 
Rain Gutters
Lot Features 
Level
Other Structures 
Shed(s)
Roof 
Shingle
Waterfront Features 
Ocean FrontBeach Front
Windows/Doors 
Insulated Windows
Community Features
Community Features 
Tennis Court(s)ParkGolf
Financing Terms Available 
Contract
Roads 
Paved
Listing courtesy of The Lopes Group of J. Barrett & Company



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 2025-05-06 03:38 PM UTC

Neighborhood & Commute
Source: Walkscore
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