64 Ward St, Salem, MA 01970 (MLS # 73500853)

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PRICE $1,395,000 dsIDX morgage calculator
SIZE n/a
LOT SIZE 8,712 sqft

Prime development opportunity in Salem featuring concept plans for a 17-unit multifamily building. The proposed layout includes a mix of studio, one-bedroom, and two-bedroom units, designed for efficient use of space and strong rental performance.This property offers significant redevelopment potential, including possible use under Massachusetts Chapter 40R, allowing developers to benefit from smart growth zoning strategies and increased density in appropriate areas.Located in a high-demand rental market with close proximity to downtown Salem, transportation, and Boston access, this site presents a compelling opportunity for developers seeking strong long-term upside.

LAST UPDATED 4/13/2026 YEAR BUILT 1900
COUNTY Essex STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
LOT 8712 sq ft
TAXES 10493
WATER Public
ZONING Legal Conforming
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Listing provided by David Seetaram, David Seetaram
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