1-7 Prince St & 48-54 Harbor St, Salem, MA 01970
1-7 Prince St & 48-54 Harbor St, Salem, MA 01970
1-7 Prince St & 48-54 Harbor St, Salem, MA 01970
1-7 Prince St & 48-54 Harbor St, Salem, MA 01970
1-7 Prince St & 48-54 Harbor St, Salem, MA 01970
1-7 Prince St & 48-54 Harbor St, Salem, MA 01970
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Desiree Taylor

Desiree Taylor

+1(978) 269-7185
$ 2,550,000
Est. payment | /mo

16 Beds

8 Baths

6,656 SqFt

Save
$ 2,550,000
Est. payment | /mo
Save

16 Beds

8 Baths

6,656 SqFt

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,656 sqft

Price per Sqft $383

MLS Listing ID 73490150

Bedrooms 16

Full Baths 8

Year Built 1960

Annual Tax Amount $16,240

Tax Year 2025

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type 5-9 Family

Property Description

Turnkey 8-unit investment opportunity in Salem. The Property consists of two four-family buildings deeded together, totaling eight (8) 2-bedroom units, along with 10 off-street parking spaces. Heat and hot water are included in rent. The property has been extensively updated, featuring renovated kitchens and baths with granite countertops and stainless steel appliances, updated electrical, a new roof on the Harbor Street building, and new insulation in both attics and walls. Additional highlights include basement storage and a clean, well-maintained condition, making this an ideal opportunity for investors seeking a low-maintenance, stabilized asset with upside through future rent optimization. See attached for the OM with detailed financials.

Location

State MA

County Essex

Zoning R3

Direction Please use GPS

Rooms

Basement Full, Interior Entry

Interior

Heating Oil

Flooring Wood

Exterior

Community Features Public Transportation

Roof Type Shingle

Total Parking Spaces 10

Garage No

Building

Lot Description Corner Lot

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Little & Co., REALTORS®

Nearby Locations

Desiree Taylor

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(978) 269-7185

dtaylor@desiredhomes.org

PO BOX 263, Salem, Massachusetts, 01970, United States

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1-7 Prince St & 48-54 Harbor St