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56 Salem St

Salem, MA 01970

5 bd 4 ba 2,295 sqft Built 1915 Lot 2,566 sqft multi_family
Most recent sale
$695,000
Mar 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 17, 2022 Sold $695,000 MLS #72916564
Nov 16, 2021 Price changed $695,999 MLS #72916564
Nov 4, 2021 Listed $699,999 MLS #72916564

Tax assessment history

No tax assessment data

No assessment history available for this parcel.

Property facts

Year built
1915
Property type
multi_family
Stories
3
Beds
5
Baths
4
Living area
2,295 sqft
Lot size
2,566 sqft
ZIP code
01970
City
Salem
Street
Salem St
Coordinates
42.51534, -70.89139

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,656
Gross rental yield
11.49%
Implied cap rate
7.47%
Trend-extrapolated value

Frequently asked questions

When did 56 Salem St last sell?
56 Salem St most recently sold on Mar 17, 2022 for $695,000.
What is the current tax assessment for 56 Salem St?
No tax-assessment history is recorded for this parcel.
When was 56 Salem St built?
56 Salem St was built in 1915.
How does 56 Salem St compare to others on Salem St?
We track 5 other properties on Salem St. Browse the list under "Other properties on Salem St" to compare beds, baths, and sale history.
What are the property facts for 56 Salem St?
56 Salem St is a 5 bed, 4 bath, 2,295 sqft, 2,566 sqft lot multi_family.
Is 56 Salem St a flip candidate?
No — 56 Salem St does not appear in our flips dataset.
Is 56 Salem St a tax-appeal candidate?
No — 56 Salem St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
0.0%
Implied 1-yr
-0.1%
2026 Q3
$565.8K
2026 Q4
$565.7K
ZIP 01970 — Median Price History + Forecast

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