$2,500,000 ($500.30 per sqft)

Est. Mortgage $11,991/mo *

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401 Essex, Salem, MA, 01970

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18 rooms

9 beds

7 Full baths

1815

4,997 sqft

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.

Status:

Active

Type:

Multi-family

Units:

Zoning:

Heating:

Baseboard, Natural Gas, Hot Water, Oil

Cooling:

Window Unit(s)

Levels:

Parking:

6-car, Off Street

Acreage:

0.12

Est. Taxes:

$17,770

Assessment

$1,363,000

Construction

Frame, Brick

Lot Description:

Corner Lot

Amenities:

Public Transportation, Shopping, Medical Facility, Highway Access, Public School, T-Station

Appliances:

Range, Dishwasher, Microwave, Refrigerator

MLS #:

73535855

Community Info

School Info

Walk Score

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Listing courtesy of Francesca Little, Little & Co., REALTORS®

$2,500,000 ($500.30 per sqft)

401 Essex, Salem, MA, 01970

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School Info

Walk Score

Mass Transit

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401 Essex, Salem, MA, 01970

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