About this home
Bring your vision and tools to 33 Walter Street! Nestled in a highly desirable Salem neighborhood, this classic 1800s multi-family home features 2 distinct units, offering a total of 5 bedrooms and 2 bathrooms across over 2,100 square feet of living space. The property sits on a fantastic, spacious 8,712-square-foot lot with plenty of outdoor potential.This property is in need of a complete top-to-bottom rehabilitation and is being sold strictly AS-IS. Whether you choose to bring this historic multi-family back to its former glory or reimagine the space entirely, the potential return on investment in this market is undeniable. Perfect for seasoned contractors, flippers, or portfolio builders looking for their next major project. Due to the condition of the home, this is a CASH-ONLY sale. Offers Due by 7pm September 20th .
Listing last checked: Listing updated:
Listed by James Bourque · Diamond Key Real Estate · MLS #73578801
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Details at a glance
Interior3 property facts
- Rooms
- 9
- Basement
- Not reported
- Fireplaces
- 2
Building5 property facts
- Style
- Multi Family
- Year built
- 1800
- Parking
- 2
- Foundation
- Stone
- Roof
- Shingle
Land & utilities5 property facts
- Lot size
- 0.2 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- R2
Financial2 property facts
- Annual taxes
- $5,948
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $399,900 asking price. Adjust the assumptions to your situation.
Known monthly costs$2,518 / monthAdjust
- Principal & interest
- $2,022
- Property tax
- $496
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $5,948. 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 $425,575
Estimated range $409,049–$442,101.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisPhoto-based condition insights
Overall presentation: average
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About 33 Walter St
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Request a tour of 33 Walter 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.
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