2-4 Saunders St, Salem MA 01970
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20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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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 20 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.
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Price & Status History
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Listed for Sale
Oct 19, 2026| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 10/19/2026 | 🏠 Listed for Sale | $1,625,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $17,023 | $1,463,900 |
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2-4 Saunders St, Salem MA 01970
Salem, MA 01970
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