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$855,000
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Property Description
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.
Full Property Details
Full Property Details for 4 Lemon St Ct
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General
- Sold For: $855,000
- Taxes: $8,652 (2025)
- Status: Closed
- Type: Multi-Family
- MLS ID: 73367401
- Added to Site: 303 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Parking
- Parking Features: Paved Drive, Off Street, Paved
Location
- County: Essex
Structural Information
- Basement: Yes
- Stories/Levels: 3
- Square Feet: 2,005
- Year Built: 1880
Lot Features
- Lot Size (Acres): 0.06
Financial Considerations
- Tax Amount: $8,652
- Tax Year: 2025
Disclosures and Reports
- Disclosures/Rstr.: Seller/seller's agents make no warranties/representations, buyer/buyer's agent responsible for due diligence. Sold AS-IS Condition. Appliances left as gifts. Room size is approximate. Unit 1 lease ends 6/30/25, Unit 2 lease ends 8/31/25.
- Property ID: M:36 L:0049, 2137174
Listed by J. Barrett & Company, The Lopes Group
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Schools
Schools serving 4 Lemon St Ct
School District:Salem School District, Salem, MA
| Name | Grades | Distance |
|---|---|---|
Carlton Elementary School 10 Skerry Street, Salem, MA 01970 | K-5 | 0.2 mi |
Bates Elementary School, Salem, MA 53 Liberty Hill Avenue, Salem, MA 01970 | K-5 | 0.8 mi |
Saltonstall School 211 Lafayette Street, Salem, MA 01970 | K-8 | 1 mi |
Collins Middle School 29 Highland Avenue, Salem, MA 01970 | 6-8 | 1.2 mi |
Salem High School, Salem, MA 77 Willson Street, Salem, MA 01970 | 9-12 | 1.8 mi |
Witchcraft Heights Elementary School 1 Frederick Street, Salem, MA 01970 | K-5 | 1.7 mi |
Horace Mann Laboratory 79 Willson Street, Salem, MA 01970 | K-5 | 1.8 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 4 Lemon St Ct
Date
Details
Price
Change
Source
7/08/2025
Sold
$855,000
0.59%
MLS
4/30/2025
Listed
$850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4 Lemon Street Ct, Salem, MA 01970 (MLS# 73367401) is a Multi-Family property that was sold at $855,000 on July 08, 2025. Want to learn more about 4 Lemon Street Ct? Do you have questions about finding other Multi-Family real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.


