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401 Essex 01970, Salem

$2,500,000

For Sale

4997 SqFt

Size

9

Bedrooms

7

Bathrooms

73535855

Property Id

Property image 1
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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

Address401 Essex 01970 Salem, MA
CountryUS
Property Type

Residential Income

Property Class

ResidentialProperty

Style

5-9 Family

Transaction Type

Sale

Year Built

1815

Total Rooms

18

Bedrooms

9

Bathrooms (Full)

7

Square Feet

4,997 sqft

Lot Size

5,123 sqft

Heating

Baseboard, Natural Gas, Hot Water, Oil

Cooling

Window Unit(s)

Flooring

Wood, Hardwood

Parking

6

Total Rooms

18

Bedrooms

9

Full Bathrooms

7

Flooring

Wood, Hardwood

Appliances

Range, Dishwasher, Microwave, Refrigerator

Heating

Baseboard, Natural Gas, Hot Water, Oil

Cooling

Window Unit(s)

Fireplaces

6

List Price

$2,500,000

Original Price

$2,500,000

Price per Sqft

$500

Annual Property Taxes

$17,770

Tax Assessment Year

2025

Monthly Tax Estimate

$1,481

MLS Pin© 2026 MLS Property Information Network, Inc. (MLSPIN). The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. This information was last updated on Monday, June 15, 2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Please contact Francesca Little directly for additional information pertaining to the status and availability of properties displayed on this website.