112 North St Salem — Photo 1 of 32
$899,000
Investment Analysis — 112 North St
Salem, MA 01970
Based on rent reported on the MLS listing, a 3-unit multi-family in 01970 carries $7,860/mo in gross rent — about a 7.11% cap rate and $63,907/yr in estimated NOI at the $899,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,955
Style
3 Family
Built
1890
Landmark Mixed Use Building Located on Bustling North Street at the Doorstep of Downtown Salem and Salem Train Station. Fantastic Investment Property with a Commercial Tenant Occupying the Ground Level Space. Second Floor is a Large 2 Bedroom Apartment with updates throughout. Third Floor Unit is a 2 Bedroom with a fantastic layout.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$899,000
Was $699,000
Jul 22, 2026
MLS® 73377493
$699,000
Nov 30, 2025
MLS® 73373342
$699,000
May 19, 2025
MLS® 73377493
$699,000
May 12, 2025
MLS® 73373342
Listing Agent: Steven Belesis
Listing Office: Citylight Homes LLC
MLS® Number: 73377493