1. Massachusetts
  2. Salem
  3. 47 Winthrop St
$1,050,000

47 Winthrop St, Salem, MA 01970

  • 7 beds |
  • 5 baths |
  • 2,858 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1915
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $367/sqft
  • Property List Date Icon Listed 25 days ago

Property Description

Turnkey 3-family gem in the heart of downtown Salem! Fully renovated units, strong rental income, and location make this an exceptional opportunity for investors or owner-occupants seeking cash flow and long-term growth. Unit 1 offers 3 beds/2 baths with stylish finishes and generous living space. Unit 2 features 3 beds/1.5 baths has been renovated and will be delivered vacant ideal for an owner to move right in. Unit 3 is a spacious 1 bed/1 bath with separate kitchen, living and dinning room. Beautiful hardwood floors, modern kitchens, and updated baths through out the home. Exterior improvements and solid systems make this a low-maintenance asset. Current rents: $3,300 (U1), $3,100 (U2), $2,022 (U3). Excellent tenant history, responsible residents, and unbeatable proximity to shops, dining, commuter rail, and waterfront. Whether you're looking to expand your portfolio or live in one unit and let the others pay the mortgage this property checks all the boxes.

Listing Status:
Pending
Date Added:
May 28, 2025 at 05:00AM
Listing Office:
Nina-Soto Realty, LLC : 978-594-1292
Listing Agent:
The Alianza Group : 978-693-5643
MLS ID:
73381487

This listing courtesy of The Alianza Group, Nina-Soto Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Saltonstall School

211 Lafayette St, Salem, MA, 01970

Grades KG-8

0.44 miles away

C

Collins Middle School

29 Highland Ave, Salem, MA, 01970

Grades 6-8

0.36 miles away

N

New Liberty Innovation School

2 E India Square Mall Ste 200, Salem, MA, 01970

Grades 9-12

0.49 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.