32 Park St

$950,000
Price
9
Beds
2,345 Sq. Ft.
$405 / Sq. Ft.
2,345
Sq. Ft.
$405
per Sq. Ft.

Description

Whether you are looking for your first income property or expanding your portfolio this three family is one you don't want to miss out on- three units with three bedrooms/1 bath each. All de-leaded, section 8 approved and on separate meters. Coin operated washer/dryer in the basement & low maintenance landscaping. First floor unit will be delivered vacant- suited for an owner occupant. Second & third floor units are tenants at will. This 3-family is in nicely situated between Salem State University...Whether you are looking for your first income property or expanding your portfolio this three family is one you don't want to miss out on- three units with three bedrooms/1 bath each. All de-leaded, section 8 approved and on separate meters. Coin operated washer/dryer in the basement & low maintenance landscaping. First floor unit will be delivered vacant- suited for an owner occupant. Second & third floor units are tenants at will. This 3-family is in nicely situated between Salem State University and Downtown, and will be in close proximity to the proposed South Salem Station.

Property Details for 32 Park Street

Town
Salem
Area
MA-Salem
Garage Spaces
0
Parking Spaces
.00
LISTING UPDATED: 11/12/2025 03:10 AM

Property Details for 32 Park Street

StatusActive
MLS #73430491
Days on Market82
Taxes$8,092 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family - 3 Units Up/Down
Year Built1915
CountyEssex County

Location

Listing Courtesy of Heritage Realty, Kelsey Gregory
Add your commute

Building Information for 32 Park Street

Stories3Residences3Year Built1915Building Size-Lot Size0.04 AC / 1,790 SF

Payment Calculator

$5,369 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,694

Property Taxes

$674

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 32 Park Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Park, Laundromat, Highway Access, House of Worship, Marina, Public School, T-Station, University, Sidewalks
  • Living Area: 2345.0
  • Color: Blue/Grey
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Refrigerator
  • Basement Features: Full, Concrete Floor, Unfinished Basement
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Hardwood
  • Interior Features: Living Room, Kitchen
  • SpaYN: No
Exterior Features
  • Exterior Features: Porch
  • Lot Description: Other
  • Patio And Porch Features: Porch
  • Waterfront Features: Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Open Parking: Yes
Utilities
  • Electric: 200+ Amp Service, Individually Metered
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Disclosures: All three units are de-leaded. All tenants are TAW. There is not off street parking,on street parking is available on Dow St & Palmer St.
Tax Information
  • Tax ID: M:34 L:0236,2135693
  • Assessments: $713,600
  • Book: 35713
  • Tax Year: 2025
  • Zoning: R3
Building / Association Information
Living Characteristics
  • Beds Total: 9
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone
  • Levels: 3
  • Cooling Units: 0
  • Heat Units: 3
Income / Expenses
  • GOI: $100,200.00
  • NOI: $100,200.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: N
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $8,350.00

Property History for 32 Park Street

DateEvent & SourcePriceAppreciation
Nov 8, 2025

Price Change

MLS PIN #73430491

$950,000—
Sep 13, 2025

Listed (Active)

MLS PIN #73430491

$999,000—
Mar 2, 2017

Sold (Public Record)

Public Record #600885093

$244,500

-1.5% / yr

Apr 30, 2016

Expired

MLS PIN #71960586

$250,000—
Feb 18, 2016

Listed (Active)

MLS PIN #71960586

$250,000—
Aug 25, 2005

Sold (Public Record)

Public Record #168310558

$290,000

+24.0% / yr

Jun 23, 1995

Sold (Public Record)

Public Record #87227582

$32,500—
Jun 23, 1995

Sold

MLS PIN #30040480

$32,500—
Jun 9, 1995

Under Agreement

MLS PIN #30040480

—
Jun 9, 1995

Contingent

MLS PIN #30040480

—
Jun 2, 1995

Sold (Public Record)

Public Record #87227551

$30,000

-24.4% / yr

Apr 12, 1995

Listed (Active)

MLS PIN #30040480

$38,900—
Jun 18, 1990

Sold (Public Record)

Public Record #87230454

$120,000—
DateEvent & SourcePrice
11/08/2025

Price Change

MLS PIN #73430491

$950,000
09/13/2025

Listed (Active)

MLS PIN #73430491

$999,000
03/02/2017

Sold (Public Record)

Public Record #600885093

$244,500

-1.5% / yr

04/30/2016

Expired

MLS PIN #71960586

$250,000
02/18/2016

Listed (Active)

MLS PIN #71960586

$250,000
08/25/2005

Sold (Public Record)

Public Record #168310558

$290,000

+24.0% / yr

06/23/1995

Sold (Public Record)

Public Record #87227582

$32,500
06/23/1995

Sold

MLS PIN #30040480

$32,500
06/09/1995

Under Agreement

MLS PIN #30040480

—
06/09/1995

Contingent

MLS PIN #30040480

—
06/02/1995

Sold (Public Record)

Public Record #87227551

$30,000

-24.4% / yr

04/12/1995

Listed (Active)

MLS PIN #30040480

$38,900
06/18/1990

Sold (Public Record)

Public Record #87230454

$120,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 32 Park Street

Taxable ValueLand$140,700Additions$572,900Total$713,600
Tax Record2025$8,092 ($674 / month)
Home Facts
Baths3Total Finished SqFt2,345 SqFtAbove Grade Finished SqFt2,345 SqFtUnfinished Basement SqFt938 SqFtStories3Lot Size1,790 SqFtStyleTriplexYear Built1915ZoningR3CountyESSEXAPNSALE M:34 L:0236

Schools near 32 Park Street

This home is within Salem School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - K to 5
Public - K to 5
Rating
School
Distance
Bates Elementary School
PublicPK to 5

Horace Mann Laboratory School
PublicPK to 5

Carlton Elementary School
PublicK to 5

Witchcraft Heights Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

32 Park Street is a multi-family home for sale in Salem, MA 01970. This property was listed for sale on September 13, 2025 by Heritage Realty, it's currently listed at $950,000. It has been on the market for a total of 82 days and was last sold on March 2, 2017. This listing's school district is Salem School District. Nearby schools include Bates Elementary School, Horace Mann Laboratory School and Carlton Elementary School. 32 Park Street is a 9-bed, 3-bath, 2,345 sqft multi-family home built in 1915.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Heritage Realty, Kelsey Gregory

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.