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INVESTMENT SNAPSHOT
About this property
Bring your vision and tools to 33 Walter Street! Nestled in a highly desirable Salem neighborhood, this classic 1800s multi-family home features 2 distinct units, offering a total of 5 bedrooms and 2 bathrooms across over 2,100 square feet of living space. The property sits on a fantastic, spacious 8,712-square-foot lot with plenty of outdoor potential.This property is in need of a complete top-to-bottom rehabilitation and is being sold strictly AS-IS. Whether you choose to bring this historic multi-family back to its former glory or reimagine the space entirely, the potential return on investment in this market is undeniable.Perfect for seasoned contractors, flippers, or portfolio builders looking for their next major project. Due to the condition of the home, this is a CASH-ONLY sale.
Property details
| Units | 2 |
| Living area | 2,123 sqft |
| Lot size | 8,851 sqft |
| Year built | 1800 |
| Price / sqft | $188 |
| County | Essex |
| MLS # | 73578801 |
Listing status
| Days on market | 0 days |
| Listed on | September 17, 2026 |
Taxes & financials
| Annual property tax | $5,948 |
| Tax year | 2026 |
| Assessed value | $551,800 |
| Zoning | R2 |
| Total actual rent | $0/mo |
Building & lot
| Stories | 2 |
| Total rooms | 9 |
| Lot size | 0.2 acres |
| Garage spaces | 0 |
| Parking spaces | 2 |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Salem →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 33 Walter St, Salem MA 01970 have?
It is a 2-unit multi-family property with 2,123 sqft of living area, built in 1800.
How long has 33 Walter St, Salem MA 01970 been on the market?
33 Walter St, Salem MA 01970 has been listed for 0 days (since September 17, 2026).
What is the price per unit?
At a list price of $399,900 across 2 units, that works out to roughly $199,950 per unit.
What are the property taxes on 33 Walter St, Salem MA 01970?
Annual property taxes are $5,948 (2026), on an assessed value of $551,800.
What is the price per square foot?
At $399,900 for 2,123 sqft, that's about $188 per square foot.
Is there parking?
2 total parking spaces.
Where is this property located?
33 Walter St, Salem MA 01970 is in Salem, Essex County, MA 01970.
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