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.
Pending
Price cut: $49.1K (8/3)
$1,249,900
8 Saunders St, Salem, MA 01970
9beds
4,166sqft
4 Family
Built in 1800
-- sqft lot
$-- Zestimate®
$300/sqft
$-- HOA
What's special
- 84 days
- 307
- 13
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Herrick Lutts Realty Partners 978-927-1959,
Herrick Lutts Realty Partners 978-927-1959,
Nicholas Zolotas 978-968-0308
Source: MLS PIN,MLS#: 73552285
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
- Full bathrooms: 4
Features
- Basement: Unfinished
- Number of fireplaces: 2
Interior area
- Total structure area: 4,166
- Total interior livable area: 4,166 sqft
- Finished area above ground: 4,166
Property
Parking
- Total spaces: 4
- Parking features: Paved Drive, Tandem, On Street
- Uncovered spaces: 4
Features
- Waterfront features: Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Lot
- Size: 3,123 Square Feet
Details
- Parcel number: M:0036 B:0082 L:0000,2137209
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 4 Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1800
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Medical Facility, House of Worship, Marina, Public School, T-Station, University
Location
- Region: Salem
Financial & listing details
- Price per square foot: $300/sqft
- Tax assessed value: $967,800
- Annual tax amount: $10,433
- Date on market: 7/21/2026
- Total actual rent: 9500
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/6/2026 | Pending sale | $1,249,900$300/sqft |
Source: MLS PIN #73552285 Report a problem | ||
| 9/22/2026 | Contingent | $1,249,900$300/sqft |
Source: MLS PIN #73552285 Report a problem | ||
| 8/3/2026 | Price change | $1,249,900-3.8%$300/sqft |
Source: MLS PIN #73552285 Report a problem | ||
| 7/20/2026 | Listed for sale | $1,299,000$312/sqft |
Source: MLS PIN #73552285 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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