4 hours on Rocket
$8,669 Closing Credit¹
#73393311, Michael Alves, Listing office: Coldwell Banker Realty - Lynnfield
$899,000 List price
124 Boston St Salem, MA 01970
$10,000
Closing credit¹
3 beds
3 full
2,717 sqft
0.1 acres
$331 / sqft
Multi-Family
Property details
About 124 Boston St
Mixed-Use Gem in Prime Salem Location! Welcome to 124 Boston Street, a beautifully renovated mixed-use property located in vibrant Salem. This versatile building offers strong investment potential and the perfect blend of residential and commercial space, ideal for owner-occupants or investors alike.The property features two updated residential units: a spacious 1-bedroom, 1-bathroom apartment with modern finishes and abundant natural light, and a 2bedroom, 1bathroom unit, perfect for rental income or multi-generational living. At street level, a renovated commercial storefront offers prime visibility on Boston Street – a high-traffic thoroughfare connecting downtown Salem to Peabody and Route 128. The retail space is ideal for a boutique, office, salon, small cafe, bar and more. Plenty of off st parking and a 2 car detached garage. Located near schools, hospitals, downtown Salem, Highland Ave biz district and major routes like 114, 107, 128 and 1A. Schedule your private showing today!
Highlights
Home typeMulti Family
StatusActive
Size2,717 sqft
BasementYes
Lot size0.11 Acres
Year built1890
ParkingPaved Drive, Off Street, Paved
MLS #73388804
Garage2 spaces
Summary
- Full Bathrooms: 3
- Basement: Yes
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Parking: Paved Drive, Off Street, Paved
- List Price: $899,000
- Price/SqFt: $330
- Annual Tax Amount: $7,121
- Tax Year: 2022
- Directions: Take Bridge to Boston or Main to Boston.
- Year Built: 1890
- Stories: 3
- Living Area: 2,717 SqFt
- Lot Size: 0.11 Acres
- MLS Number: 73388804
- MLS Name: MLS Property Information Network
- Office Name: Atlantic Coast Homes,Inc
- Office Phone: (978) 777-4444
- Listing Agent: Farrar Realty Group
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/18/2025, 10:45:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$899,000
124 Boston St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 26, 2023 | Home Sold | $700,000 |
| Dec 03, 2009 | Home Sold | $280,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $471,800 | $- |
| 2023 | $393,700 | $- |
| 2022 | $376,800 | $7,121 |
| 2021 | $368,400 | $7,121 |
| 2020 | $351,100 | $- |
| 2019 | $344,200 | $- |
History based on county public records data.
Nearby schools
4
Witchcraft Heights
Public District KG-5
0.5 mi
•1 Frederick St
4
Thomas Carroll Elementary School
Public District KG-5
0.8 mi
•60 Northend St
2
William A. Welch Elementary School
Public District PK-5
0.9 mi
•50 Swampscott Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $57,456. The most common annual income of people living in Salem, MA is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
26%
<35k
52%
35k-100k
20%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
53%
Single, No Kids
13%
Single, with Kids
19%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
6%
12-17 yrs old
32%
18-34 yrs old
42%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Continuing Education Courses
Soccer
Pro Boxing
Where do the neighbors shop?
Express/Express For Men
Forever 21
Burlington
Where do the neighbors go to eat?
Qdoba
Dominos Pizza
Popeyes
What do the neighbors drive?
Volkswagen
Mazda
Dodge
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Talk/Personality
All data provided by Home Junction and Claritas
Similar homes for sale
7 days on Rocket
$10,000 Closing Credit¹
#73389555, Jordan Ryan, Listing office: Keller Williams Realty Evolution
Backup offers
$10,000 Closing Credit¹
#73381487, The Alianza Group, Listing office: Nina-Soto Realty, LLC
Frequently asked questions
About 124 Boston St
The listing price of 124 Boston St property is $899,000.
The property 124 Boston St is a multi located in Salem, Massachusetts, 01970.
Active Listing: 124 Boston St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 124 Boston St are: Witchcraft Heights (GreatSchools Rating 4/10), Thomas Carroll Elementary School (GreatSchools Rating 4/10), William A. Welch Elementary School (GreatSchools Rating 2/10), Collins Middle School (GreatSchools Rating 3/10), Saltonstall School (GreatSchools Rating 3/10), J. Henry Higgins Middle School (GreatSchools Rating 5/10), New Liberty Innovation School (GreatSchools Rating 1/10), Salem High School (GreatSchools Rating 3/10), Salem Academy Charter School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2022 is $7,121 (source: MLS/based on county public records data).
The last sale was on July 26, 2023 for $700,000 (source: MLS/tax record).
The property 124 Boston St is 2,717 SqFt (source: MLS/tax record).
The year of construction for 124 Boston St is 1890.
This home is located at 124 Boston St in Salem, MA and zip code 01970. This 2,717 square foot home, which was built in 1890, sits on a 0.11 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 12, 2025 and is currently priced at $899,000.
Over 35 listings were sold over their listed price in May 2025 in Salem, MA. In the same period over 14 listings were sold below the listed price and 1 listings were sold for the listed price. In May 2025 in Salem, MA there were 18.2% more homes for sale than in April. The median list price of listings available in May 2025 was $600,000, while the average time on the real estate market was 23 days.
From Rocket Homes Real Estate and based on county public records data.