$1,249,900
 $6,710 est/mo Sourced by Back At You

8 Saunders St,Salem, MA 01970

Salem, MA 01970

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Description

Opportunity knocks at 8 Saunders Street in Salem! This well-maintained four-unit multifamily property offers an ideal investment opportunity in one of Salem's most desirable locations. The building consists of three spacious 2-bedroom units and one 3-bedroom unit, providing a strong and versatile rental mix. If you're looking to expand your investment portfolio this property offers tremendous potential. Conveniently located near downtown Salem's shops, restaurants, commuter rail, and waterfront attractions, tenants will appreciate the accessibility and vibrant neighborhood amenities. Multifamily opportunities of this size and configuration are hard to come by in today's market-don't miss your chance to own a valuable asset in historic Salem.

Details

MLS #73552285
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive Under Contract
Year1800
Days On Site65
Listing Provided ByHerrick Lutts Realty Partners | Herrick Lutts Realty Partners

Features

Bed(s)9
Bath(s) 4 Total
SQ Feet4,166
BasementY
Story(s)5
Units4
ZoningR2
Acreage0.07
Water FrontYes

Interior

Rooms Total17
Fireplaces Total2
Fireplace Yes / NoYes

Exterior

RoofShingle
Construction MaterialsFrame
Foundation DetailsStone

Parking

Garage Yes / NoNo
Parking FeaturesPaved Drive, Tandem, On Street
Open Parking Yes / NoYes

Utilities

SewerPublic Sewer
Electric200+ Amp Service

Taxes

Tax Annual Amount10433
Tax Assessed Value967800
Tax Year2026

Location

Community FeaturesPublic Transportation, Shopping, Park, Medical Facility, House of Worship, Marina, Public School, T-Station, University
Senior Community Yes / NoNo

Area Information

StateMA
CountyEssex
CitySalem
Zip Code01970
AreaEssex
Listing VS Median (in 01970)
Price:
$1,249,900
low | high
Med:
$499,000
100% of Average
sqft:
4,166
low | high
Med:
1,107
100% of Average
$ / sqft:
$300
low | high
Med:
$452
2% of Average
On site:
65
low | high
Med:
14.5
100% of Average
Sourced by Back At You

Market Activity 01970

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Contact

Learn More About This Property

Wendy Tauber

Wendy Tauber

HK Realty

 (603) 502-7151wendy@h-krealty.com
StateMA
CountyEssex
CitySalem
Zip Code01970
AreaEssex
Listing VS Median (in 01970)
Price:
$1,249,900
low | high
Med:
$499,000
100% of Average
sqft:
4,166
low | high
Med:
1,107
100% of Average
$ / sqft:
$300
low | high
Med:
$452
2% of Average
On site:
65
low | high
Med:
14.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $937K - $1.562M
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
11 Woodbury Ct Property Photo 1
$1,100,000
11 Woodbury Ct
Salem, MA 01970
Listing Updated: September 22, 2026 at 5:26:03 PM PDT