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Renovated Three-Family Unit
For Lease
$2,795/Mo
Pending

24 Dunlap Street Unit 1, Salem, MA 01970

Renovated three-family rental offers a 3-bedroom unit with updated kitchen and bath, AC/mini splits, and in-building laundry.

Space SizeContact for details
Days on Market46

Property Features for 24 Dunlap Street Unit 1

General Information

Standard status Pending
Property subtype Apartment

Additional Details

Multifamily Units 3

Amenities

AC
mini split heat
updated kitchen
updated bath
laundry in building
off-street parking

Building Details

Tenancy Multi
Listing Agency: Bancroft Realty Group
Listed By: Karin Gitto
Source: Lockandkeyre
Added: Jul 9 Changed: Aug 8 Last Checked: Aug 3 at 5:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bancroft Realty Group

Investment Insights

Based on property information with market context.

This renovated three-family building includes two units available, with immediate occupancy for the first- and second-floor apartments. Unit 1 features a comfortable 3-bedroom layout with an updated kitchen and bath, air conditioning and mini-split heat, and laundry available in the building. Off-street parking is also provided. The property has been fully renovated throughout and includes deleading.

Located on a quiet side street in Salem, the building is described as minutes from downtown Salem and convenient to commuter routes, shopping, dining, parks, and public transportation.

For tenancy, applicants must provide verification of past rental payment history along with strong credit and income qualifications. First month’s rent and security deposit are due at signing, and the tenant is responsible for utilities.

Key Highlights

  • Fully renovated three‑family rental at 24 Dunlap Street with two units available
  • First- and second‑floor units available with immediate occupancy
  • 3‑bedroom apartment features an updated kitchen and updated bath

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Locksmith Computer & Electronic Repair (Bike/Boat/Book/etc) Store Nursing Home Clothing & Fashion Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,771
Businesses Nearby

Demographics for 01970, MA

44,451
Population
20,920
Households
2.1
Avg Household Size
39
Median Age
50%
College-Educated
92%
High-School Grad
8.2 sq mi
ZIP Area
5,421
Density / Sq Mi
$85,189
Median Household Income
$52,024
Median Earnings
$1,800
Median Rent
$497,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Renovated three-family rental offers a 3-bedroom unit with updated kitchen and bath, AC/mini splits, and in-building laundry.
Where is this triplex located?
The property is located at 24 Dunlap Street Unit 1 Salem, MA.
What is the lease rate?
The lease rate is $2,795/Mo.
What are key features of this property?
This property features: Fully renovated three‑family rental at 24 Dunlap Street with two units available; First- and second‑floor units available with immediate occupancy; 3‑bedroom apartment features an updated kitchen and updated bath
More about this property
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