Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

61 Mason St

Salem, MA ID #73588049

Property Description

Owner occupants, investors, contractors, and developers take notice! 61 Mason Street presents a rare opportunity to own a two-family in a highly convenient Salem location with significant potential to build equity and add value. Live in one unit and offset your mortgage with rental income, while enjoying the benefits of homeownership and long-term investment potential. The existing two-family layout, along with additional space in the attic, provides flexibility for future use or improvements. Investors will also appreciate the opportunity to grow their portfolio and unlock additional value. Ideally situated just a quick walk from vibrant downtown Salem, the commuter rail, waterfront, restaurants, shopping, parks, and museums, while remaining outside the busiest tourist areas. For those looking toward the future, the property was previously approved for a five-unit development plan, offering buyers the opportunity to explore similar redevelopment potential, subject to current approvals and buyer due diligence. Whether you're looking for a home with rental income, an investment property, or a larger development opportunity, 61 Mason Street offers a unique range of possibilities.

Additional Details

  • Status: Active
  • Type: Multi-Family, Multi Family
  • Zip Code: 01970
  • Taxes: 5,445
  • Levels: 2
  • Acres: 0.13

Parking

  • Garage Capacity: 3
  • Parking: Paved
  • Parking Spaces: 3

Rooms/Dimensions

  • Total Units: 2
  • Total Floors: 2
  • Total Rooms: 6

Location

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61 Mason St, Salem, MA

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Content © 2026 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Alex Rice of North Shore Realty Advisors. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.