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Bean Group
Offered at $225,000Active
beds
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baths
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sq ft
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Built
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18 Almeda St

Salem, MA 01970

About this home

Opportunity to own a vacant parcel in a desirable Salem location. This lot offers potential for a variety of future uses, subject to buyer's due diligence and all applicable approvals. Conveniently located near shopping, restaurants, major routes, and local amenities. Public record lists this lot as non-developable due to being under the 10,000 sq. ft. minimum lot size. Buyers should perform their own due diligence. However, neighboring lots of similar size have reportedly been granted variances for new home construction.

Listing last checked: Listing updated:

Listed by Jordan Ryan · Coldwell Banker Realty - Marblehead · MLS #73553777

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Details at a glance

Interior1 property facts
Basement
Not reported
Building1 property facts
Style
Residential
Land & utilities5 property facts
Lot size
0.14 acres
Water
Other
Sewer
Other
Pool
Not reported
Zoning
R1
Financial2 property facts
Annual taxes
$253
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $225,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$1,159 / monthAdjust
Principal & interest
$1,138
Property tax
$21
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $253. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

More property insights

Automated value estimate $231,215

Estimated range $172,525–$289,905.

Automated estimates are not appraisals or guarantees of market value.

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Comparable properties 3 supplied

Sold Aug 7, 2026

$240,000

Parcel D Prentice Street

Sold Jun 27, 2026

$235,500

9 Symphony

Sold Sep 11, 2026

$210,000

10 Hillside Street

Photo-based condition insights

Overall presentation: poor

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About 18 Almeda St

Can I request a private showing?

Request a tour of 18 Almeda St and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.