401 Essex St

Salem, MA 01970

  • $1,200,000
  • 6 Beds
  • 6 Baths
  • 4,345 Sqft
  • 0.12 Acres
  • 1817 Built

BACK ON THE MARKET due to buyers remorse, Here is your chance to own income property in the MacIntyre District of Salem. The Captain Nathaniel Osgood House c 1815 has many of the historic features preserved. Each of the 6 units are unique, with 1 bedroom and 1 bath. Every unit has at least one fireplace that is currently decorative only. Fireplaces in 1st floor units have Beautiful Italian marble hearths. Many units have hardwood floors, high ceilings, picture rail and interior shutters. This building is well worth the effort. Additional unattached building currently occupied by seller could provide additional income. Available for viewing are 3 units, detached property, common area and basement. The remaining units will be available within 48 Hours of accepted offer. 2 units are currently vacant, All are TAW. Tenants pay gas and electric. Heat is included in rent for Units 1-6. additional building is electric heat.

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Property Highlights
  • PRICE/SQFT : $276
  • DAYS ON MARKET : 931
  • MLS : 72885832

Additional Information

ADDITIONAL INFORMATION
  • ELECTRICAL FEATURES: Circuit Breakers
  • LIVING AREA SQFT: 4345
  • ON MARKET DATE: 2021-08-25
  • PARKING: Paved, Off Street
  • PARKING SPACES: 4
  • SEWER: Public Sewer
  • TAX AMOUNT: $11,808
  • TAX YEAR: 2021
  • TYPE: Residential Income
  • UNIT COUNT: 6
  • YEAR BUILT: 1817
AMENITIES
  • Park
  • Sidewalks
INTERIOR/EXTERIOR FEATURES
  • APPLIANCES INCLUDED: Refrigerator, Gas Water Heater
  • BEDS: 6
  • CONSTRUCTION MATERIALS: Frame, Brick
  • FLOORING: Vinyl, Carpet, Laminate, Hardwood
  • FOUNDATION: Stone
  • FULL BATHS: 6
  • INTERIOR FEATURES: Storage, Crown Molding
  • ROOF: Shingle, Slate, Rubber
  • ROOMS: 15

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Location for 401 Essex St, Salem, MA

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  • William Pitt Sotheby's International Realty

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