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(603) 382-7979
Real Estate Company
2-4 Saunders St, Salem, MA 01970
- $1,625,000
- 8
- BD
- 7
- BA
- 5,795
- SqFt
Listing courtesy of Listing Agent: Dan Pouladian from Listing Office: North Shore Realty Advisors.
- List Price
- $1,625,000
- Status
- ACTIVE
- Days on Market
- 19
- MLS#
- 73592435
- Subtype
- Residential Income
- Year Built
- 1800
- Bedrooms
- 8
- Bathrooms
- 7
- Full Baths
- 6
- Half Baths
- 1
- Living Area
- 5,795
- Lot Size
- 5,397
- Acres
- 0.12
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 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 city’s primary amenities and enduring rental appeal.
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Additional Information
- Interior Features
- Living Room, Dining Room, Kitchen, Office/Den
- Taxes
- $17,023
- Zoning
- R2
- Flooring
- Tile, Vinyl, Varies, Hardwood
- Heating
- Oil
- Stories
- 7
- Levels
- 7
- Foundation
- Stone
- Parking Features
- On Street
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