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MaryJane Silva

mjsellscapecodshomes@gmail.com +1(508) 317-9195

$ 1,625,000

Est. payment | -/mo

8 Beds

6.5 Baths

5,795 SqFt

Save

$ 1,625,000

Est. payment | -/mo

Save

8 Beds

6.5 Baths

5,795 SqFt

Open House

Wed Nov 04, 10:30am - 12:00pm

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 5,795 sqft

Price per Sqft $280

MLS Listing ID 73592435

Bedrooms 8

Full Baths 6

Half Baths 1

Year Built 1800

Annual Tax Amount $17,023

Tax Year 2026

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

2–4 Saunders Street is a six-unit multifamily investment in Salem's historic Bridge Street Neck neighborhood. Offered for the first time in more than 20 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 city's primary amenities and enduring rental appeal.

Location

State MA

County Essex

Zoning R2

Direction Bridge to Saunders

Rooms

Basement Full

Interior

Interior Features Living Room, Dining Room, Kitchen, Office/Den

Heating Oil

Flooring Tile, Vinyl, Varies, Hardwood

Exterior

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access

Utilities Available for Gas Range

Waterfront Description Ocean,0 to 1/10 Mile To Beach,Beach Ownership(Public)

Roof Type Shingle,Rubber

Garage No

Building

Lot Description Corner Lot

Story 7

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by North Shore Realty Advisors

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(508) 317-9195

mjsellscapecodshomes@gmail.com

Learn More About LPT Realty

2-4 Saunders St Salem, MA 01970