Great opportunity to own a three-family home in a prime Salem location! 32 Park Street offers three bedrooms and one full bathroom in each unit, with hardwood floors, gas heat, granite countertops and exterior vinyl siding that is in excellent condition. With a strong rental history, this property is an appealing option for investors or buyers looking to live in one unit while collecting rent from the others. Enjoy nearby parks, beaches, a kayak launch, and marinas, along with convenient access to historic Salem Common, the commuter rail and downtown Salem’s restaurants, shops, museums, and waterfront attractions. Rich in history and close to so much of what makes Salem a great place to live, this property brings together rental income potential and a location with plenty to offer. Join us for one of the open houses this weekend or schedule a private showing today.
| Units | 3 |
| Living area | 2,345 sqft |
| Lot size | 1,790 sqft |
| Year built | 1915 |
| Price / sqft | $354 |
| County | Essex |
| MLS # | 73592387 |
| Days on market | 0 days |
| Listed on | October 19, 2026 |
| Annual property tax | $8,863 |
| Tax year | 2026 |
| Assessed value | $822,200 |
| Zoning | R3 |
| Gross income (actual) | $106,428/yr |
| Net operating income (actual) | $106,428/yr |
| Total actual rent | $8,869/mo |
| Stories | 3 |
| Total rooms | 15 |
| Lot size | 0.04 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Parking | Paved Drive |
| Basement | Unfinished |
| Foundation | Stone |
| Roof | Slate |
| Construction | Frame |
| Flooring | Wood |
| Sewer | Public Sewer |
| Water | Public |
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Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 3-unit multi-family property with 2,345 sqft of living area, built in 1915.
32 Park St, Salem MA 01970 has been listed for 0 days (since October 19, 2026).
At a list price of $829,000 across 3 units, that works out to roughly $276,333 per unit.
Annual property taxes are $8,863 (2026), on an assessed value of $822,200.
At $829,000 for 2,345 sqft, that's about $354 per square foot.
32 Park St, Salem MA 01970 is in Salem, Essex County, MA 01970.

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.