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.
For sale
$1,275,000
1-1 Seven Prince St, Salem, MA 01970
8beds
3,400sqft
4 Family
Built in 1960
-- sqft lot
$-- Zestimate®
$375/sqft
$-- HOA
What's special
Newer roofBasement storageGranite countertopsRenovated kitchens and bathsStainless steel appliances
- 10 days
- 320
- 18
Zillow last checked:
Listing updated:
Listed by:
Francesca Little 978-973-7277,
Little & Co., REALTORS® 978-745-4447,
Francesca Little 978-973-7277
Source: MLS PIN,MLS#: 73570004
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Oil
Features
- Flooring: Wood
- Basement: Full,Concrete
- Has fireplace: No
Interior area
- Total structure area: 3,400
- Total interior livable area: 3,400 sqft
- Finished area above ground: 3,400
Property
Parking
- Total spaces: 5
- Parking features: Off Street
- Uncovered spaces: 5
Lot
- Size: 4,870 Square Feet
- Features: Other
Details
- Parcel number: 4078867
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 4 Family
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1960
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Park, Highway Access, House of Worship, T-Station
Location
- Region: Salem
Financial & listing details
- Price per square foot: $375/sqft
- Tax assessed value: $1,432,100
- Annual tax amount: $8,120
- Date on market: 8/31/2026
- Total actual rent: 9050
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Listed for sale | $1,275,000$375/sqft |
Source: MLS PIN #73570004 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 01970
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