BEDS8
BATHS6 full 1 partial
SQUARE FEET5,795
MLS#73592435
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
2??4 Saunders Street is a six-unit multifamily investment in Salems historic Bridge Street Neck neighborhood. Offered for the first time in more than 30 years, the property combines distinctive architectural character with value-add potential. Originally constructed in 1873 as the Arthur & George Phippen Double House, the Italianate-style building contains 8,792± square feet of total building area and 5,795± square feet of rentable living area. The unit mix includes one (1) one-bedroom apartment, four (4) one-bedroom-plus-office apartments, and one (1) two-bedroom, 1.5-bathroom townhome. The residences feature spacious layouts, high ceilings, abundant natural light, and hardwood floors. Coin-operated laundry provides supplemental income, while basement storage offers an additional revenue opportunity. Within walking distance of public transportation, neighborhood restaurants, Salem Common, Downtown Salem, and the waterfront, the property offers convenient access to the citys primary amenities and enduring rental appeal.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Heating: Oil
Lot Size: 0.12 Acres
Roof Type: Shingle, Rubber
Stories: 7.0
Taxes: $17,023
Year Built: 1800
Amenities
Living Room
Dining Room
Kitchen
Office/Den
Feature Descriptions
Building Area Total: 5795
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 27
Dwelling Type: 5+ Family - 5+ Units Up/Down
Electric: 200+ Amp Service
Flooring: Tile, Vinyl, Varies, Hardwood
HeatingY/N: 1
Lot Features: Corner Lot
Open Parking Y/N: Yes
Parcel Number: M:0036 B:0113 L:0000,2137214
Parking Features: On Street
Parking Total: 0
Rent Includes: Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water), Unit 3(Heat, Electric, Water, Hot Water), Unit 4(Heat, Water, Hot Water)
Rooms Total: 24
Sewer: Public Sewer
Units: 6
Utilities: for Gas Range
Water: Public
Waterfront Features: Ocean,0 to 1/10 Mile To Beach, Beach Ownership(Public)
Listed By / Shown By
Listed By
Agency Name: North Shore Realty Advisors
Agent Name: Dan Pouladian
Agency Phone: 617-548-7737
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 5,509.09 per month $3,616.55 Principal & Interest $1,418.58 Property Tax $473.96 Homeowner's Insurance
2-4 Saunders St | MLS# 73592435
This multi-family property located at 2-4 Saunders St, Salem, MA 01970 is currently listed for sale with an asking price of $1,625,000. Search Salem real estate on www.masiellogrouprealestate.com today.