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4 Lemon Street Ct, 
Salem, MA 01970

$850,000


5

Beds


3

Baths


2,005

Sq Ft


Multi-Family

Active

Listed by

The Lopes Group

J. Barrett & Company

781-631-9800

Last updated:

May 7, 2025, 10:32 AM

MLS#

73367401

Source:

MLSPIN

About This Home

4 Lemon Street Ct

Minutes from downtown Salem, Salem Common, and the T-station, this well-maintained 2-unit property offers a fantastic investment or owner occupant opportunity. The first-floor unit features 2 beds, 1 bath, while the spacious second-floor unit spans 2 levels with 3 beds and 2 full baths, including a primary bath. Both units feature in-unit laundry, cherry cabinets, granite counters, and stainless steel appliances. The open-concept kitchen, living, and dining areas are highlighted by hardwood floors. High-efficiency gas heating, central air, and separate utilities throughout. The property has had many updates in the past 10 years, ensuring modern comfort. Outside, you'll find a shed and parking for 3 cars. The 3-bed unit rents for $2,802/month, and the 2-bed unit for $1850/month. This turnkey property is perfect for investors or owner-occupants looking to offset their mortgage with rental income.

Home Facts

Multi-Family

3 Baths

5 Bedrooms

Built in 1880

Price Summary

850,000

$423 per Sq. Ft.

MLS #:

73367401

Last Updated:

May 7, 2025, 10:32 AM


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,005 Sq. Ft.


Structure

Structure

Building Area:

2,005 Sq. Ft.

Year Built:

1880


Lot

Lot Size (Sq. Ft):

2,400


Finances & Disclosures

Finances

Price:

$850,000

Price per Sq. Ft:

$423 per Sq. Ft.

Source:MLSPIN
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. 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.

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