For Sale

2-4 Saunders St, Salem, MA

Salem · MA 01970

$1,625,000
Price
8
Beds
6.5
Baths
5795
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1800
Units: 6 Units
Lot size: 5,397 Sq.Ft Lot
Price per square foot: $280 / Sq.Ft
Parking: No Parking

About this home

2–4 Saunders Street is a six-unit multifamily investment in Salem’s historic Bridge Street Neck neighborhood. Offered for the first time in more than 30 years, the property combines distinctive architectural character with value-add potential. Originally constructed in 1873 as the Arthur & George Phippen Double House, the Italianate-style building contains 8,792± square feet of total building area and 5,795± square feet of rentable living area. The unit mix includes one (1) one-bedroom apartment, four (4) one-bedroom-plus-office apartments, and one (1) two-bedroom, 1.5-bathroom townhome. The residences feature spacious layouts, high ceilings, abundant natural light, and hardwood floors. Coin-operated laundry provides supplemental income, while basement storage offers an additional revenue opportunity. Within walking distance of public transportation, neighborhood restaurants, Salem Common, Downtown Salem, and the waterfront, the property offers convenient access to the city’s primary amenities and enduring rental appeal.

Neighborhood & Transit

2-4 Saunders St, Salem · MA 01970

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Salem Commuter Rail 1 route 0.40 mi
    • Newburyport/Rockport Line

Price Insight

Days on Market:
15 days
Listing Price:
$1,625,000
Price per Sq.Ft:
$280
Tax Assessment:
$1,463,900 in 2026
Taxes:
$1,419 / Monthly

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
6
Half Bathrooms
1
Living Area
5,795 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
5795
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
200 Amps

Exterior Features

Lot Size
5,397 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Wood
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Dan Pouladian
Listing office
North Shore Realty Advisors
MLS PIN #
73592435