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401 Essex, Salem, MA 01970

$2,500,000
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New to the Market Active
BEDS9 BATHS7 full SQUARE FEET4,997 MLS#73535855
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Unique opportunity to own the historic Captain Nathaniel Osgood House, an elegant brick seven-family property built in 1815 and prominently situated within Salem's highly sought-after McIntire District. Rich in period charm and architectural character, the property consists of three (3) one-bedroom units, one (1) two-bedroom unit, and two (2) spacious one-plus-bedroom units. Each units showcases beautiful antique fireplaces, hardwood flooring, and an abundance of original historic detail.The building has been thoughtfully renovated throughout with granite countertops, stainless steel appliances, new bathrooms, efficient Navien heating systems, and updated electrical service. The property offers off-street parking for up to six vehicles. Adding to its appeal is a detached two-story carriage house located at the rear of the property, providing additional income. All tenants pay heat, HW and electric. Please see attached PDF for a rent roll and expenses.

401 Essex | MLS# 73535855

This multi-family property located at 401 Essex, Salem, MA 01970 is currently listed for sale with an asking price of $2,500,000. Search Salem real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Fireplaces: 6
Heating: Baseboard, Natural Gas, Hot Water, Oil
Lot Size: 0.12 Acres
Roof Type: Shingle, Slate, Rubber
Stories: 3.0
Taxes: $17,770
Year Built: 1815

Amenities

Stone/Granite/Solid Counters
Upgraded Cabinets
Upgraded Countertops
Bathroom with Shower Stall
Remodeled
Living Room
Kitchen
Balcony/Deck

Feature Descriptions

Appliances: Range, Dishwasher, Microwave, Refrigerator
Building Area Total: 4997
Community Features: Public Transportation, Shopping, Medical Facility, Highway Access, Public School, T-Station
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: 3
Dwelling Type: 5-9 Family
Exterior: Frame, Brick
Fireplace Y/N: Yes
Flooring: Wood, Hardwood
HeatingY/N: 1
Lot Features: Corner Lot
Parcel Number: 4078635
Parking Features: Off Street
Parking Total: 6
Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
Rooms Total: 18
Sewer: Public Sewer
Units: 7
Water: Public

Listed By / Shown By

Listed By

Agency Name: Little & Co., REALTORS
Agent Name: Francesca Little
Agency Phone: 978-745-4447

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Estimated Payment

$ 7,773.92 per month $5,563.92 Principal & Interest $1,480.83 Property Tax $729.17 Homeowner's Insurance

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