401 Essex 01970, Salem
$2,500,000
4997 SqFt
Size
9
Bedrooms
7
Bathrooms
73535855
Property Id
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.
Address
Residential Income
ResidentialProperty
5-9 Family
Sale
1815
18
9
7
4,997 sqft
5,123 sqft
Baseboard, Natural Gas, Hot Water, Oil
Window Unit(s)
Wood, Hardwood
6
18
9
7
Wood, Hardwood
Range, Dishwasher, Microwave, Refrigerator
Baseboard, Natural Gas, Hot Water, Oil
Window Unit(s)
6
$2,500,000
$2,500,000
$500
$17,770
2025
$1,481
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