HomeEileen JonahListingsAreasSoldServicesContact

2-4 Saunders St 01970, Salem

$1,625,000

For Sale

5795 SqFt

Size

8

Bedrooms

7

Bathrooms

73592435

Property Id

Property image 1
1 / 30

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.

Address

Address2-4 Saunders St 01970 Salem, MA
CountryUS
Property Type

Residential Income

Property Class

ResidentialProperty

Style

5+ Family - 5+ Units Up/Down

Transaction Type

Sale

Year Built

1800

Total Rooms

24

Bedrooms

8

Bathrooms (Full)

7

Bathrooms (Half)

1

Square Feet

5,795 sqft

Lot Size

5,397 sqft

Heating

Oil

Flooring

Tile, Vinyl, Varies, Hardwood

Total Rooms

24

Bedrooms

8

Full Bathrooms

7

Half Bathrooms

1

Flooring

Tile, Vinyl, Varies, Hardwood

Heating

Oil

Basement

Full

List Price

$1,625,000

Original Price

$1,625,000

Price per Sqft

$280

Annual Property Taxes

$17,023

Tax Assessment Year

2026

Monthly Tax Estimate

$1,419

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, October 23, 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 Dan Pouladian directly for additional information pertaining to the status and availability of properties displayed on this website.