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$650,000
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Property Description
This 2-unit multi-family home offers a fantastic opportunity for a complete renovation or a condo conversion project. Ideal for investors, contractors or developers, this property has the potential to generate income as a rental or be transformed into two individual condo units, in a highly desirable Salem location. Just minutes from Salem's vibrant shops, restaurants, art galleries, museums, beaches, hiking trails, campgrounds, as well as convenient commuter options via the rail and ferry. Don't miss this chance to reimagine and revitalize a piece of Salem's history. Whether you're looking to create an income-generating property or sell custom condos, this is a rare opportunity to make your mark in one of New England's most sought-after cities!
Full Property Details
Full Property Details for 22 Prescott St
General
- Sold For: $650,000
- Taxes: $7,174 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MLSPin
- MLS ID: 73324257
- Added to Site: 409 day(s) ago
Interior
- Number of Rooms: 12
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Main - Full Baths: 3
Bedrooms
- Total Bedrooms: 6
Parking
- Total Spaces: 2
- Parking Features: Off Street
Location
- Area: South Salem
- County: Essex
- Driving Directions: Prescott Street Salem, MA
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Basement: Yes
- Basement Desc.: Unfinished
- Stories/Levels: 3
- Square Feet: 2,594
- Sq. Ft. Source: Public Records
- Living Area: 2,594 Sq. Ft.
- Year Built: 1915
Lot Features
- Lot Size (Acres): 0.1
- Lot Dimensions: .1
- Frontage: Public
- Lot Features: Other
Financial Considerations
- Price Per Sq. Ft.: $250.58
- Tax Amount: $7,174
- Tax Year: 2024
Disclosures and Reports
- Disclosures/Rstr.: Property sold as is. In need of full renovation. Neither seller or agent make any representations as to the accuracy of any information contained herein. Buyer(s)/buyer(s) agent must conduct their own due diligence.
- Property ID: M:25 L:0526, 2131932
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Schools
Schools serving 22 Prescott St
School District:Salem School District, Salem, MA
| Name | Grades | Distance |
|---|---|---|
Saltonstall School 211 Lafayette Street, Salem, MA 01970 | K-8 | 0.4 mi |
Horace Mann Laboratory 79 Willson Street, Salem, MA 01970 | K-5 | 0.9 mi |
Witchcraft Heights Elementary School 1 Frederick Street, Salem, MA 01970 | K-5 | 1.1 mi |
Collins Middle School 29 Highland Avenue, Salem, MA 01970 | 6-8 | 0.4 mi |
Salem High School, Salem, MA 77 Willson Street, Salem, MA 01970 | 9-12 | 1 mi |
Carlton Elementary School 10 Skerry Street, Salem, MA 01970 | K-5 | 1.1 mi |
Bates Elementary School, Salem, MA 53 Liberty Hill Avenue, Salem, MA 01970 | K-5 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 22 Prescott St
Date
Details
Price
Change
Source
5/01/2025
Sold
$650,000
-7.01%
MLS
1/08/2025
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
22 Prescott Street, Salem, MA 01970 (MLS# 73324257) is a Multi-Family property that was sold at $650,000 on May 01, 2025. This property was listed by Lento and Rivkind Real Estate Team from our Boston-Back Bay Office.Want to learn more about 22 Prescott Street? Do you have questions about finding other Multi-Family real estate for sale in South Salem? You can browse all South Salem real estate or contact a Coldwell Banker agent to request more information.


