Under Agreement

8 Saunders St, Salem, MA

Salem · MA 01970

$1,249,900
Price
9
Beds
4
Baths
4166
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1800
Units: 4 Units
Lot size: 3,123 Sq.Ft Lot
Price per square foot: $300 / Sq.Ft
Parking: 4 Off Street Spaces

About this home

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.

Neighborhood & Transit

8 Saunders St, Salem · MA 01970

Nearby transit

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

  • Salem Commuter Rail 1 route 0.38 mi
    • Newburyport/Rockport Line

Price Insight

Days on Market:
106 days
Listing Price:
$1,249,900
Price per Sq.Ft:
$300
Tax Assessment:
$967,800 in 2026
Taxes:
$869 / Monthly

Home Facts

Interior Features

Bedrooms
9
Full Bathrooms
4
Half Bathrooms
0
Living Area
4,166 Sq.Ft
Broker Disclosure about Living Area
Approx. Sqft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4166
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
3,123 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
4 Parking Spaces

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
Herrick Lutts Realty Partners
Listing office
Herrick Lutts Realty Partners
MLS PIN #
73552285
Disclosure
Approx. Sqft