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1-7 Prince 01970, Salem

$1,275,000

For Sale

3400 SqFt

Size

8

Bedrooms

4

Bathrooms

73570004

Property Id

Property image 1
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Description

Turnkey 4-unit investment opportunity in Salem perfect for investor or owner occupant. The Property consists four (4) 2-bedroom units, along with 5 off-street parking spaces. Heat and hot water are included in rent. The property has been extensively updated, featuring renovated kitchens and baths with granite countertops and stainless steel appliances, updated electrical, a newer roof, and new insulation in attic and walls. Additional highlights include basement storage and a clean, well-maintained condition, making this an ideal opportunity for investors seeking a low-maintenance, stabilized asset with upside through future rent optimization. See attached for the OM with detailed financials.

Address

Address1-7 Prince 01970 Salem, MA
CountryUS
Property Type

Residential Income

Property Class

ResidentialProperty

Style

4 Family

Transaction Type

Sale

Year Built

1960

Total Rooms

16

Bedrooms

8

Bathrooms (Full)

4

Square Feet

3,400 sqft

Lot Size

4,870 sqft

Heating

Oil

Flooring

Wood

Parking

5

Total Rooms

16

Bedrooms

8

Full Bathrooms

4

Flooring

Wood

Heating

Oil

Basement

Full, Concrete

List Price

$1,275,000

Original Price

$1,275,000

Price per Sqft

$375

Annual Property Taxes

$8,120

Tax Assessment Year

2025

Monthly Tax Estimate

$677

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 Friday, September 4, 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.