New Listing
$875,000
 $4,697 est/mo Sourced by Back At You

5 Willow Ave,Salem, MA 01970

Salem, MA 01970

Share:

PreviousNext

Description

Location and value! Conveniently situated between downtown Salem and Salem State University, this updated two-family offers a strong rental history and a truly turn-key opportunity for an investor or owner-occupant. The first floor features a one-bedroom, one-bath unit, while the upper unit spans two levels with four bedrooms, two baths, and a vaulted bonus room. Unit 2 is now vacant and most recently rented for $4,000/month. A long list of upgrades, separate utilities, one-car garage, driveway, and low-maintenance patio add to the appeal. Enjoy easy access to downtown Salem's shops, restaurants, commuter rail, and ferry to Boston, and don't miss the small neighborhood beach at the end of the street!

Details

MLS #73578416
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1890
Days On Site5
Listing Provided ByCompass | Strobeck Antonell Bull Group

Features

Bed(s)5
Bath(s) 3 Total
SQ Feet2,229
Garage1
BasementY
Story(s)3
Units2
ZoningR1
Acreage0.06

Interior

Rooms Total12
Fireplaces Total0
Fireplace Yes / NoNo

Exterior

RoofShingle
Foundation DetailsStone, Brick/Mortar
Lot FeaturesLevel

Parking

Garage Yes / NoYes
Parking FeaturesPaved Drive, Off Street
Open Parking Yes / NoYes

Utilities

SewerPublic Sewer

Taxes

Tax Annual Amount7309
Tax Assessed Value678000
Tax Year2026

Location

Community FeaturesPublic Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, House of Worship, Marina, Public School, University
Senior Community Yes / NoNo

Area Information

StateMA
CountyEssex
CitySalem
Zip Code01970
AreaSouth Salem
Listing VS Median (in 01970)
Price:
$875,000
low | high
Med:
$499,000
92.971428571429% of Average
sqft:
2,229
low | high
Med:
1,078
100% of Average
$ / sqft:
$393
low | high
Med:
$465
31.51906267872% of Average
On site:
5
low | high
Med:
20
25% of Average
Sourced by Back At You

Market Activity 01970

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from HK Realty at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS Property Information Network.

Contact

Learn More About This Property

Wendy Tauber

Wendy Tauber

HK Realty

 (603) 502-7151wendy@h-krealty.com
StateMA
CountyEssex
CitySalem
Zip Code01970
AreaSouth Salem
Listing VS Median (in 01970)
Price:
$875,000
low | high
Med:
$499,000
92.971428571429% of Average
sqft:
2,229
low | high
Med:
1,078
100% of Average
$ / sqft:
$393
low | high
Med:
$465
31.51906267872% of Average
On site:
5
low | high
Med:
20
25% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $656K - $1.93M
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
11 Glendale Street # 2 Property Photo 1
$3,950
11 Glendale Street # 2
Salem, MA 01970
Listing Updated: September 21, 2026 at 12:43:11 AM PDT