198 Main Street, Salem, NY 12865

Salem
Local realty services provided by:HUNT Real Estate ERA
198 Main Street,Salem, NY 12865
$249,777
Virtual Tour
  • 5 Beds
  • 6 Baths
  • 4,520 sq. ft.
  • Multi-family
  • Active
Listed by: scott p varley, suzanne diorio
Office: kw platform
MLS#:202618339
Source:Global MLS

Price summary

  • Price:$249,777
  • Price per sq. ft.:$55.26

About this home

Right in the heart of Salem village -- and working hard already. This well-maintained mixed-use building offers the kind of versatility that's increasingly rare at this price point in Washington County. Four apartments -- one 2-bedroom and three 1-bedrooms -- sit above two vacant commercial spaces on the first floor, generating $3,200 per month in residential rental income with additional upside potential from the two retail spaces ready for a new tenant or owner-operator. The apartments are updated, functional, and consistently occupied. The 2-bedroom unit rents at $1,000/month, the main floor 1-bedroom at $800/month, and both third floor units at $700/month each. Appliances and mechanicals have been methodically refreshed throughout -- refrigerators and stoves replaced within the last 1-5 years across all units, hot water tanks ranging from 1-5 years old, and the commercial spaces feature a 2-year old furnace. Separate electric heat in the apartments. The building has seen...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1900
  • Listing ID #:202618339
  • Added:12 day(s) ago
  • Updated:June 10, 2026 at 02:30 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:6
  • Full bathrooms:4
  • Half bathrooms:2
  • Flooring:Carpet, Vinyl
  • Living area:4,520 sq. ft.

Heating and cooling

  • Heating:Baseboard, Electric, Forced Air

Structure and exterior

  • Roof:Rubber
  • Year built:1900
  • Building area:4,520 sq. ft.
  • Lot area:0.15 Acres
  • Lot Features:Level
  • Construction Materials:Wood Siding

Schools

  • High school:Salem
  • Elementary school:Salem

Utilities

  • Water:Public
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$249,777
  • Price per sq. ft.:$55.26
  • Tax amount:$3,980

Parking

  • Total parking spaces:4
  • Parking description:Detached, Off Street
The information being provided by Global MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified.  © 2026 Global MLS All rights reserved.

New listings near 198 Main Street