21 Jackson St Salem — Photo 1 of 34
$850,000
Investment Analysis — 21 Jackson St
Salem, MA 01970 — McIntire District & Broad Street
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 01970 carries an estimated $5,120/mo in gross rent — about a 4.53% cap rate and $38,532/yr in estimated NOI at the $850,000 list price. Adjust every assumption in the calculator below.
Beds
7
Baths
2
SqFt
2,918
Style
2 Family - 2 Units Up/Down
Built
1915
Ideally located just a short distance from vibrant downtown Salem, this well-maintained two-family offers a fantastic opportunity for both owner-occupants and investors. Lovingly cared for by the same family for many years, the property shows pride of ownership throughout and offers spacious, functional layouts with plenty of character. With three levels, the home also presents exciting potential for future expansion or additional living space, subject to buyer due diligence and all required municipal approvals. Conveniently located close to restaurants, shops, the commuter rail, parks, and everything Salem has to offer. A solid, well-cared-for multifamily in a highly convenient location with tremendous long-term potential.
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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Laundromat • Bike Path • Highway Access
Geography
Listing Agent: Jordan Ryan
Listing Office: Coldwell Banker Realty - Marblehead
MLS® Number: 73570892