$10,000 Closing Credit¹
#73352215, Henrique De Oliveira, Listing Office: Dell Realty Inc.
$850,000 List price
4 Lemon Street Ct Salem, MA 01970
$10,000
Closing credit¹
5 beds
3 full
2,005 sqft
0.06 acres
$424 / sqft
Multi-Family
Property details
About 4 Lemon Street Ct
Minutes from downtown Salem, Salem Common, and the T-station, this well-maintained 2-unit property offers a fantastic investment or owner occupant opportunity. The first-floor unit features 2 beds, 1 bath, while the spacious second-floor unit spans 2 levels with 3 beds and 2 full baths, including a primary bath. Both units feature in-unit laundry, cherry cabinets, granite counters, and stainless steel appliances. The open-concept kitchen, living, and dining areas are highlighted by hardwood floors. High-efficiency gas heating, central air, and separate utilities throughout. The property has had many updates in the past 10 years, ensuring modern comfort. Outside, you'll find a shed and parking for 3 cars. The 3-bed unit rents for $2,802/month, and the 2-bed unit for $1850/month. This turnkey property is perfect for investors or owner-occupants looking to offset their mortgage with rental income.
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
(New)
(New)
CoolingCentral Air
Size2,005 sqft
BasementYes
Lot size0.06 Acres
Year built1880
ParkingPaved Drive, Off Street, Paved
MLS #73367401
WaterfrontBeach, Ocean Front
Summary
- Full Bathrooms: 3
- Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
- Basement: Yes
- Flooring Type: Wood, Tile, Carpet, Hardwood, Stone/Ceramic Tile
- Interior: Storage, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Open Floorplan, Bathroom with Shower Stall, Kitchen, Laundry Room, Living RM/Dining RM Combo
- Total Bedroom Count: 5
- Parking: Paved Drive, Off Street, Paved
- Waterfront: Beach, Ocean Front
- Exterior: Rain Gutters
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $850,000
- Price/SqFt: $423
- Annual Tax Amount: $8,287
- Tax Year: 2024
- Lot: Level
- Directions: Bridge St to Lemon St to Lemon St Court. Please park on Lemon St and walk down Lemon St Court.
- Year Built: 1880
- Stories: 3
- Living Area: 2,005 SqFt
- Lot Size: 0.06 Acres
- MLS Number: 73367401
- MLS Name: MLS Property Information Network
- Office Name: J. Barrett & Company
- Office Phone: (781) 631-9800
- Listing Agent: The Lopes 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: 5/3/2025, 12:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$850,000
4 Lemon Street Ct
$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 31, 2018 | Home Sold | $535,000 |
| Nov 15, 2001 | Home Sold | $227,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $713,200 | $8,287 |
| 2023 | $653,000 | $8,169 |
| 2022 | $612,700 | $8,118 |
| 2021 | $567,400 | $7,830 |
| 2020 | $514,600 | $7,436 |
| 2019 | $414,000 | $6,251 |
History based on county public records data.
Nearby schools
4
Carlton
Public District KG-5
0.2 mi
•10 Skerry St
3
Bentley Academy Innovation School
Public District KG-5
0.6 mi
•25 Memorial Dr
5
Bates
Public District KG-5
0.8 mi
•53 Liberty Hill 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 $57,770. Typical income of Salem, MA residents is less than $<35k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
36%
<35k
34%
35k-100k
26%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
73%
Single, No Kids
5%
Single, with Kids
17%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
3%
12-17 yrs old
29%
18-34 yrs old
39%
35-64 yrs old
22%
65+ yrs old
What do the neighbors do for fun?
Yoga/pilates
Symphony or Opera
Continuing Education Courses
Where do the neighbors shop?
H&M
Chico's
Express/Express For Men
Where do the neighbors go to eat?
Dominos Pizza
Boston Market
Qdoba
What do the neighbors drive?
Audi
Volvo
Volkswagen
What do the neighbors listen to?
Alternative
Talk/Personality
Urban Contemporary
All data provided by Home Junction and Claritas
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This home is located at 4 Lemon Street Ct in Salem, MA and zip code 01970. This 2,005 square foot home, which was built in 1880, sits on a 0.06 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 30, 2025 and is currently priced at $850,000.
Over 17 listings were sold over their listed price in April 2025 in Salem, MA. In the same period over 10 listings were sold below the listed price and 4 listings were sold for the listed price. Between March and April 2025, Salem, MA real estate market has seen increase in the number of listings by 18.3%. The median list price of listings available in April 2025 was $602,266, while the average time on the real estate market was 23 days.
From Rocket Homes Real Estate and based on county public records data.