Sold Jul 21, 2026
$745,000About this home
Constructed in 1915, this distinguished multi-family residence at 53 Cedar Street in Salem, MA, offers 2,247 square feet of refined living space. This property stands as a testament to enduring craftsmanship, presenting an exceptional opportunity for discerning buyers in a vibrant historical setting. The residence encompasses four well-proportioned bedrooms, providing ample private accommodations across its two stories. Complementing these are two full bathrooms, thoughtfully designed to cater to the needs of residents and guests alike. Situated on a generous 4,225 square foot lot, this property offers both expansive interior living and considerable outdoor potential. We invite you to discover the unique appeal and versatility of this Salem offering. Well maintained two family building with paved driveway and private back yard and patio. Two units each with 5 rooms, 2 bedrooms and 1 bath. Hardwood floors add value as well as overall maintenance of this property. Great central location and offers many possibilities for Salem State students as well as professionals. Unfinished third floor which is accessible from second floor unit offers bonus heated space although currently not in use. First floor has exclusive use to enclosed front porch and second floor has exclusive use to enclosed second floor porch.
Listing last checked: Listing updated:
Listed by Lynne Breed · Gibson Sotheby's International Realty · MLS #73563991
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Details at a glance
Interior3 property facts
- Rooms
- 10
- Flooring
- Tile, Hardwood
- Basement
- Yes · Full, Walk-Out Access, Interior Entry, Bulkhead, Unfinished
Building5 property facts
- Style
- 2 Family - 2 Units Up/Down
- Year built
- 1915
- Parking
- 2
- Foundation
- Stone, Brick/Mortar, Irregular
- Roof
- Shingle
Land & utilities5 property facts
- Lot size
- 0.09 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- R2
Financial2 property facts
- Annual taxes
- $7,052
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $799,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$4,628 / monthAdjust
- Principal & interest
- $4,040
- Property tax
- $588
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $7,052. 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 $820,641
Estimated range $742,603–$898,680.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisComparable properties 1 supplied
Photo-based condition insights
Overall presentation: poor
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About 53 Cedar Street
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Request a tour of 53 Cedar Street and a Bean Group agent will help coordinate an available time with the listing side.
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