395 Essex, Salem MA 01970
Salem, MA 01970
$2,100,000
$1,795,000
Est. $11,193/month
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About this home
Located in Salem's prestigious McIntire District, this remarkable six-family Georgian Colonial, built circa 1735, presents a rare opportunity to own a significant piece of the city's architectural history. The Property consists six (6) residential units comprised of four (4) one-bedroom apartments, one (1) two-bedroom apartment, and one (1) studio.The Essex Street-facing apartments showcase an extraordinary collection of original period details, including King George flooring, five working fireplaces, and the timeless craftsmanship that defines early New England architecture. The gas heating systems have all been recently updated along with many of the kitchens and baths. Please see attached PDF for a rent roll and expenses.
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Recently Sold Nearby
Property History
Market Insights
2
Price Changes
14.5%
Price Range
Property Timeline
Price Reduced
Jul 17, 2026
$1,795,000
$200,000
(-10.03%)
From $1,995,000 to $1,795,000 (-10.0%)
Price Reduced
Jun 22, 2026
$1,995,000
$105,000
(-5%)
From $2,100,000 to $1,995,000 (-5.0%)
Listed for Sale
Jun 15, 2026
$2,100,000
Original listing
Agent: Francesca Little
Office: Little & Co., REALTORS®
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/17/2026 | ↓ Price Reduced | $1,795,000 | $200,000 | - | From $1,995,000 to $1,795,000 (-10.0%) |
| 06/22/2026 | ↓ Price Reduced | $1,995,000 | $105,000 | - | From $2,100,000 to $1,995,000 (-5.0%) |
| 06/15/2026 | 🏠 Listed for Sale | $2,100,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $23,000 | $1,906,600 |
Financial Details
Annual Property Tax
$23,000
Tax Year 2025
Assessed Value
$1,906,600
Facts & Features
1 Car Garage
Home Facts
Type
Residential Income
Style
5-9 Family
Year Built
1735
Living Area
5,212 sq ft
Lot Size
0.19 acres
Stories
3
Bedrooms
7
Full Baths
6
Total Rooms
18
Investment Metrics
Units
6
Unit 1 Rent
$2,300/mo · N
Unit 2 Rent
$2,800/mo · N
Unit 3 Rent
$2,050/mo · N
Total Monthly Rent
$7,150/mo
Gross Income
$155,600
Net Operating Income
$111,661
Operating Expenses
$43,939
Cap Rate
6.22%
Interior
Heating
Baseboard, Hot Water, Natural Gas
Cooling
None
Flooring
Carpet, Hardwood
Appliances
Range, Dishwasher, Microwave, Refrigerator
Fireplace
Wood Burning
Fireplaces
5
Basement
None
Laundry
None
Features
Upgraded Cabinets, Upgraded Countertops, Remodeled, Living Room, Kitchen, Laundry Room
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Deck
Parking
Garage Spaces
1
Has Garage
Yes
Features
Off Street
Total Spaces
7
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$23,000
Assessed Value
$1,906,600
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Seller Has Plans To Remove The Garage And Some Landscaping To Create Up To 6 Off Street Parking Spots.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Essex
Total market time (incl. prior listings)
59 days
Property Overview
Property Type
5-9 Family
Listing Type
For Sale
Year Built
1735
Bedrooms
7
Full Bathrooms
6
Living Area
5,212 sq ft
Total Rooms
18
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
5,212 sq ft above grade
Display Options
Outdoor Areas
Patio & porchDeck
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Carpet, Hardwood
Appliances:
Range, Dishwasher, Microwave, Refrigerator
Interior Features:
Upgraded Cabinets, Upgraded Countertops, Remodeled, Living Room, Kitchen, Laundry Room
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1735
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stone
Stories:
3
Heating, Cooling & Utilities
Heating:
Baseboard, Hot Water, Natural Gas
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Deck
Fencing:
Other Structures:
Lot Features:
Other
Road Surface:
Parking & Garage
Garage Spaces:
1
Total Parking Spaces:
7
Parking Features:
Off Street
Special Features
Fireplaces:
5
Fireplace Type:
Wood Burning
Community Amenities:
Public Transportation, Park, Medical Facility, Highway Access, Public School
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$1,917
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
395 Essex, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Francesca Little
Listing Office
Little & Co., REALTORS®
Office Phone
978-745-4447
Agent MLS ID
CN234756
Office MLS ID
C67600
Listing Data Updated
Aug 13, 2026 3:12 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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