Discover the potential of this spacious and well-located multifamily property, offering versatility and strong income potential. Property Features, three large, well-appointed units, generously sized bedrooms in each unit, private driveway plus additional resident street parking. Short walking distance to the commuter rail station, steps from Salem’s vibrant downtown shopping and restaurant district. This is a rare opportunity for investors or owner-occupants to own a versatile property with long-term upside. Whether you’re looking to generate rental income, create a multi-generational living space, or explore future value-add possibilities, this property offers endless potential.
Multi-familyProperty Type
1915Year Built
4,116 sq ftLot Size
$253Est. Price/Sq.Ft.
1 spaceParking
Listed by Sonya Aoude• Law Offices of Bradford Eliot Keene, P.C.
Bought with Joaquin Lemus• Keller Williams Realty Evolution
Great investment property or for owner occupancy! Wonderful 3 family home! Spacious units with 4 off-street parking spots! Walk to train, town and public transportation! Please give 24 hour notice for showings.
Public Records
May 31, 1990
Sold
$149,000
$33/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$9,344 (+4.6%)
$146,700 + $600,200
$746,900
2022
$8,933 (+3.0%)
$137,900 + $536,300
$674,200
2021
$8,675 (+9.5%)
$137,900 + $490,700
$628,600
2020
$7,920 (−4.7%)
$119,100 + $429,000
$548,100
2019
$8,311 (+11.8%)
$113,200 + $437,200
$550,400
2018
$7,435 (+6.8%)
$108,000 + $375,400
$483,400
2017
$6,961 (+2.3%)
$88,000 + $350,900
$438,900
2016
$6,804 (+3.0%)
$83,300 + $350,900
$434,200
2015
$6,608 (+12.3%)
$75,100 + $327,600
$402,700
2014
$5,882 (+6.6%)
$75,100 + $276,500
$351,600
2013
$5,518 (+15.2%)
$75,100 + $261,800
$336,900
2012
$4,789 (−2.1%)
$79,800 + $226,600
$306,400
2011
$4,894 (+4.9%)
$77,400 + $247,800
$325,200
2010
$4,664 (−4.3%)
$85,100 + $247,800
$332,900
2009
$4,875
$105,600 + $271,700
$377,300
Tax history for 11 Ropes St
Year
Property tax
Land + Additions
Assessment*
2023
$9,344 (+4.6%)
$146,700 + $600,200
$746,900
2022
$8,933 (+3.0%)
$137,900 + $536,300
$674,200
2021
$8,675 (+9.5%)
$137,900 + $490,700
$628,600
2020
$7,920 (−4.7%)
$119,100 + $429,000
$548,100
2019
$8,311 (+11.8%)
$113,200 + $437,200
$550,400
2018
$7,435 (+6.8%)
$108,000 + $375,400
$483,400
2017
$6,961 (+2.3%)
$88,000 + $350,900
$438,900
2016
$6,804 (+3.0%)
$83,300 + $350,900
$434,200
2015
$6,608 (+12.3%)
$75,100 + $327,600
$402,700
2014
$5,882 (+6.6%)
$75,100 + $276,500
$351,600
2013
$5,518 (+15.2%)
$75,100 + $261,800
$336,900
2012
$4,789 (−2.1%)
$79,800 + $226,600
$306,400
2011
$4,894 (+4.9%)
$77,400 + $247,800
$325,200
2010
$4,664 (−4.3%)
$85,100 + $247,800
$332,900
2009
$4,875
$105,600 + $271,700
$377,300
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
4
Stories
3
Lot width
—
Lot depth
—
Lot size
3,920 Sq. Ft.
Year renovated
—
Sq. Ft.
4,486
Year built
1915
Style
Multi-Family (2-4 Unit)
County
Essex County
APN
2135733
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 19, 2023.
R3
Residential Multifamily District
For the purposes of promoting the more efficient use of land in harmony with its natural features and with the general intent of the Zoning Ordinance and to protect and promote the health, safety, convenience and general welfare of the inhabitants of the City, an owner or owners of a tract of land situated within the R1 One-Family Residential Districts, RC Residential Conservation Districts, R2 Two-Family Residential Districts and R3 Multifamily Residential Districts or a duly authorized agency thereof may, in connection with the submission of a subdivision plan for Planning Board approval under the Subdivision Control Law or, if no such approval is required, after consultation with the Planning Board, make application to the Planning Board for a special permit excepting his plan from the lot area and frontage requirement
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Housing-Multiple units
Public service
Museum / gallery
Golf related
Property details
Parking
Parking Information
Has Open Parking
Parking Spaces: 1
Parking Features: Paved Drive
Interior
Bathroom Information
# of Bathrooms (Full): 4
Basement Information
Basement: Finished
Interior Features
# of Rooms (Total): 25
Interior Features: Living Room, Dining Room, Kitchen
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: N
Exterior
Building Information
Building Area (Total): 4,486
Foundation Details: Granite
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Actual
Lead Paint: Certified Treated
Property Information
PropertySubType: 3 Family
Lot Information
Lot Size (Acres): 0.09
Financial
Tax Information
Tax Annual Amount: $10,327
Tax Year: 2025
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Location
Location Information
Directions: Rope Street is a one way off of Canal Street access via Washington Street to Rope Street
UnparsedAddress: 11 Ropes St, Salem MA 01970
Community Information
Senior CommunityYN: No
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 4,486
Stories: 3.0
Lot Size: 3,920 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1915
Year Renovated: —
County: Essex County
APN: 2135733
Home facts updated by county records on Jul 19, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Saltonstall School
Public K-8 • Assigned • 0.3mi
5/10
Salem Prep High School
Public 9-12 • Assigned • 0.4mi
Salem High School
Public 9-12 • Assigned • 1.1mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 96° expected this year, 15 days in 30 years
7/10 Wind Factor
78% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Salem, MA • 01970
Average low and high temperatures (°F)
34
21
36
22
50
33
57
41
68
51
79
62
83
67
79
61
74
57
64
47
53
37
39
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.08M – $1.31M
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