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Joanne Tassoni

joannetassonibroker@gmail.com +1(603) 722-5235

$ 2,200,000

Est. payment -/mo

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364-366 Essex Street Salem, MA 01970

10 Beds

9 Baths

7,033 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,033 sqft

Price per Sqft $312

MLS Listing ID 73561757

Bedrooms 10

Full Baths 9

Year Built 1850

Annual Tax Amount $21,830

Tax Year 2026

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type 5-9 Family

Property Description

364-366 Essex Street contains one (1) 2-Bedroom/1-Bathroom unit, five (5) 1-Bedroom/1-Bathroom units, one (1) 2-Room Studio unit, and two (2) Studio units with 7,033 square feet of gross living area in 9,044 square feet of gross area. The Property is situated upon a 0.13-acre parcel and features four (4) off-street parking spaces. Located in the heart of downtown Salem, 364-366 Essex Street benefits from one of the North Shore's most desirable apartment markets, supported by a diverse employment base, exceptional walkability, and year-round visitor activity. The Landlord is responsible for providing oil powered heat & electric powered hot water to both buildings. The Landlord provides common area electricity to both buildings, as well as unit electric to 364 Essex, while Tenants at 366 Essex pay their own unit electric. The Landlord is responsible for providing city water & sewer to all units. The opportunity exists to acquire a well-maintained asset in a desirable North Shore location.

Location

State MA

County Essex

Zoning R2

Direction Please Use GPS.

Rooms

Basement Partially Finished

Interior

Heating Oil

Exterior

Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Other

Waterfront Description Harbor,1/2 to 1 Mile To Beach,Beach Ownership(Other (See Remarks))

Roof Type Shingle

Total Parking Spaces 4

Garage No

Building

Lot Description Corner Lot

Story 5

Foundation Other

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Horvath & Tremblay

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Phone

+1(603) 722-5235

joannetassonibroker@gmail.com

Address

170 Commerce Way, Portsmouth, New Hampshire 03801, USA