Multi-Family for Sale: 22 Prescott Street, Salem, MA 01970

6 beds
3 full baths
2,594 sqft
$699,000
$699,000
22 Prescott Street, Salem, MA 01970
6 beds
3 full baths
2,594 sqft
$699,000
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Price:
$699,000

Type Multi-Family
Beds 6
Baths 3 full baths
Square Feet 2,594 sqft
Lot Size 0.10 acres
Year Built 1915

City Salem
County Essex

MLS 73324257
Status Pending
DOM 29 days
This 2-unit multi-family home offers a fantastic opportunity for a complete renovation or a condo conversion project. Ideal for investors, contractors or developers, this property has the potential to generate income as a rental or be transformed into two individual condo units, in a highly desirable Salem location. Just minutes from Salem’s vibrant shops, restaurants, art galleries, museums, beaches, hiking trails, campgrounds, as well as convenient commuter options via the rail and ferry. Don’t miss this chance to reimagine and revitalize a piece of Salem’s history. Whether you’re looking to create an income-generating property or sell custom condos, this is a rare opportunity to make your mark in one of New England’s most sought-after cities!

Lot & Building Features

Sewer Public Sewer
Tax Year 2024
Taxes Paid $7,174
Water Public
Foundation Other
Full Baths 3
Parking Off Street
Total Rooms 12
Basement Feature Unfinished
Garage Spaces 0

Price History of 22 Prescott Street, Salem, MA

Date Name Price Difference
01/08/2025 Listing Price $699,000 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
$730,000
$270 / sqft
Average
$831,250
$319 / sqft
High
$895,000
$335 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Salem 01970 6 3.0 $699,000 2,594 $269 N/A
81 Summer Street Salem 01970 7 3.0 $880,000 2,690 $327 03/15/2024
18 Chase St Salem 01970 5 2.0 $730,000 2,700 $270 07/03/2024
17 Union St Peabody 01960 7 3.0 $895,000 2,671 $335 07/26/2024
204 Elliott St Danvers 01923 6 2.0 $825,000 2,472 $334 09/20/2024
2 Phelps St. Salem 01970 5 2.5 $785,000 2,778 $283 12/05/2024
66 Herschel Street Lynn 01904 5 2.0 $875,000 2,468 $355 12/18/2024
22-24 Burpee Rd. Swampscott 01907 6 2.0 $860,000 2,575 $334 12/20/2024
12 Goldthwaite Pl Peabody 01960 6 2.0 $800,000 2,500 $320 12/23/2024

Map of 22 Prescott Street, Salem, MA

Location Map Street View
Photo of Karen Lopilato
Karen Lopilato
Principal Broker/Owner
Direct: 603-553-4334
Office
185 Plaistow Road, Suite 1
Plaistow, NH 03865
603-382-0360 x11
Listed by Coldwell Banker Realty - Boston, Lento + Rivkind Real Estate Team
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22 Prescott Street (MLS #73324257) is a multi-family listing located in Salem, MA. This multi-family listing is 2,594 sqft and on a lot of 4,169 sqft (or 0.10 acres) with 6 bedrooms, 3 baths and is 110 years old. This property was listed on 01/08/2025 and has been priced for sale at $699,000.

The 7 bedroom multi-family listing at 81 Summer Street in Salem is nearby and sold for $880,000 on 03/15/2024. Another nearby 5 bedroom multi-family listing, 2 Phelps St. in Salem sold for $785,000 on 12/05/2024.

Nearby zip codes are 01830, 01907, 01915, 01945 and 01960. This property neighbors other cities such as Beverly, Danvers, 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: Coldwell Banker Realty - Boston

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.