33 Harbor Street Salem — Photo 1 of 16
Recent Drop: $229,000
$1,550,000
Investment Analysis — 33 Harbor Street
Salem, MA 01970
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 6-unit multi-family in 01970 carries an estimated $18,480/mo in gross rent — about a 10.87% cap rate and $168,529/yr in estimated NOI at the $1,550,000 list price. Adjust every assumption in the calculator below.
Beds
16
Baths
6
SqFt
6,345
Style
5-9 Family
Built
1915
Major Price Reduction! We are pleased to present this multifamily offering which consists of 6 units. The property has been very well maintained but offers investors and end-users future value through cosmetic improvements. The properties boiler system was recently upgraded and the common areas hold two washers and two dryers, both of which are coin operated. The property is ideally located in a quiet residential neighborhood that provides easy access to the local public and transportation and is a short walk to Salem Harbor.
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 MLS and other third-party data may be inaccurate or out of date.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 • Park • Walk/Jog Trails
Geography
Property History
$1,550,000
Was $1,779,000
Aug 14, 2026
MLS® 73553561
$1,779,000
Jul 22, 2026
MLS® 73553561
$1,779,000
Oct 1, 2025
MLS® 73354049
$1,779,000
Apr 2, 2025
MLS® 73354049
Listing Agent: Daniel Alper
Listing Office: Boston Realty Advisors
MLS® Number: 73553561