22 Prescott Street

Salem, MA 01970

$699,000
Price
6
Beds
3
Baths
2,594 Sq. Ft.
$269 / Sq. Ft.
2,594
Sq. Ft.
$269
per Sq. Ft.

Description

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...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!
  1. Listed by Lento + Rivkind Real Estate Team • Coldwell Banker Realty - Boston
  2. Listed by Nicholas Lento • Coldwell Banker Realty - Boston
  3. Listed by Stephanie Rivkind • Coldwell Banker Realty - Boston

Property Details for 22 Prescott Street

Town
Salem
MLS Area
South Salem
Area
MA-Salem-South Salem, MA-Salem
Garage Spaces
0
Parking Spaces
2.00
Parking Spaces Total
2
LISTING UPDATED: 01/12/2025 03:05 AM

Property Details for 22 Prescott Street

StatusActive
MLS #73324257
Days on Market7
Taxes$7,174 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family - 2 Units Up/Down
Year Built1915
CountyEssex County

Building Information for 22 Prescott Street

Stories3Residences2Year Built1915Building Size-Lot Size0.10 AC / 4,169 SF

Property Information for 22 Prescott Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School, University, Other (See Remarks)
  • Living Area: 2594.0
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Unfinished Basement
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Exterior Features: Porch
  • Lot Description: Other
  • Patio And Porch Features: Porch
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Property sold as is. In need of full renovation. Neither seller or agent make any representations as to the accuracy of any information contained herein. Buyer(s)/buyer(s) agent must conduct their own due diligence.
Tax Information
  • Tax ID: M:25 L:0526,2131932
  • Assessments: $617,400
  • Book: 0000
  • Tax Year: 2024
  • Zoning: R2
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Other
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2

Property History for 22 Prescott Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 22 Prescott Street

Taxable ValueLand$190,900Additions$426,500Total$617,400
Tax Record2024$7,174 ($598 / month)
Home Facts
Baths3Total Finished SqFt2,594 SqFtAbove Grade Finished SqFt2,594 SqFtUnfinished Basement SqFt1,310 SqFtStories2Lot Size4,169 SqFtStyleDuplexYear Built1915ZoningR2CountyESSEXAPNSALE M:25 L:0526

Schools near 22 Prescott Street

This home is within Salem School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - K to 5
Public - K to 5
Rating
School
Distance
Horace Mann Laboratory
PublicPK to 5

Bates Elementary School
PublicPK to 5

Witchcraft Heights Elementary School
PublicK to 5

Carlton Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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22 Prescott Street is a multi-family home for sale in Salem, MA 01970. This property was listed for sale on January 8, 2025 by Coldwell Banker Realty - Boston, it's currently listed at $699,000. This listing's school district is Salem School District. Nearby schools include Horace Mann Laboratory, Bates Elementary School and Witchcraft Heights Elementary School. 22 Prescott Street is a 6-bed, 3-bath, 2,594 sqft multi-family home built in 1915.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty - Boston, Lento + Rivkind Real Estate Team; Coldwell Banker Realty - Boston, Nicholas Lento; Coldwell Banker Realty - Boston, Stephanie Rivkind

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.