401 Essex StreetSalem, MA 01970MLS Number 72885832

  • Price: $1,200,000
  • Est. Mortgage of $/month
  • 96 Days on Market
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Federal 30-year interest rate: 3.1% last updated on Nov 24, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Contingent
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  • 6Bedrooms
  • 0.12Acreage
  • 6Bathrooms
  • 1817Year Built

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BACK ON THE MARKET due to buyers remorse, Here is your chance to own income property in the MacIntyre District of Salem. The Captain Nathaniel Osgood House c 1815 has many of the historic features preserved. Each of the 6 units are unique, with 1 bedroom and 1 bath. Every unit has at least one fireplace that is currently decorative only. Fireplaces in 1st floor units have Beautiful Italian marble hearths. Many units have hardwood floors, high ceilings, picture rail and interior shutters. This building is well worth the effort. Additional unattached building currently occupied by seller could provide additional income. Available for viewing are 3 units, detached property, common area and basement. The remaining units will be available within 48 Hours of accepted offer. 2 units are currently vacant, All are TAW. Tenants pay gas and electric. Heat is included in rent for Units 1-4. Units 5 & 6 and additional building are electric heat paid by tenants.

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Windhill Realty
Windhill Realty
Office: 978.356.8922
16 Market Street
Ipswich, MA 01938

More Info

Parking

  • Garage Spaces
  • Parking Spaces4
  • Parking DescriptionOff-Street
  • Total Parking Spaces4

Building

  • Year Built1817
  • ConstructionFrame, Brick
  • Bathroom6
  • Full Bath6
  • Bedrooms6
  • Total Brs6
  • Total Fbh6
  • Total Flrs9
  • Total Frplcs7
  • Total Levels5
  • No Rooms12
  • Total Rms15
  • Total Rooms12
  • Levels3
  • Levels 11
  • Levels 21
  • Levels 31
  • Levels 41
  • BasementYes
  • Bedrms 11
  • Bedrms 21
  • Bedrms 31
  • Bedrms 41
  • FoundationFieldstone
  • DirectionBoston St to Essex St or North St to Essex St
  • Terms FeatureSeller W/Participate
  • Rms 13
  • Rms 23
  • Rms 32
  • Rms 42
  • Lead PaintUnknown
  • Units6

Amenities

  • Other AmenitiesBasement, Fireplace

Water Body

  • WaterfrontNo
  • BeachfrontYes

Photos

  • Number of Photos38
  • Photo Date2021-08-24T23:33:00
  • Prop TypeMF

Basic Information

  • Property Type5+ Family - 5+ Units Side by Side
  • Date Listed08/24/2021
  • List Price$1,200,000
  • Price Per Sq Ft$276
  • Status Date2021-11-21T16:45:00
  • Ant Sold Date2022-01-06T00:00:00
  • MLS Number72885832
  • MLS StatusContingent

Interior

  • Fire Places7
  • Ife Dscrp 3Ceiling Fans, Crown Molding, Hardwood Floors
  • Ife Dscrp 1Ceiling Fans
  • Ife Dscrp 2Balcony/Deck
  • Rms Dscrp 2Kitchen
  • Rms Dscrp 3Living Room, Kitchen
  • Rms Dscrp 4Living Room, Kitchen
  • Rms Dscrp 1Living Room, Kitchen
  • Ife CommonStorage
  • App Dscrp 3Range
  • App Dscrp 4Range, Refrigerator
  • App Dscrp 2Range
  • App Dscrp 1Range
  • Basement FeatureBulkhead
  • F Bths 21
  • F Bths 11
  • Hea Dscrp 1Oil, Common
  • F Bths 31
  • Hea Dscrp 2Oil, Common
  • Hea Dscrp 3Oil, Common
  • Hea Dscrp 4Oil, Common
  • Frplcs 41
  • Flrs 11
  • Flrs 21
  • Flrs 32
  • FlooringVinyl, Wall to Wall Carpet, Varies Per Unit, Laminate, Hardwood
  • F Bths 41
  • Frplcs 31
  • Flrs 42
  • Frplcs 11
  • Frplcs 21

Other

  • Wse3800
  • Year Built DescrpApproximate
  • Apod AvailableYes
  • Insc7068
  • Parcel NumberM:25 L:0185
  • Rme5578
  • Noi62070
  • View Count3

Location

  • Street Num401
  • Building Number401
  • StreetEssex Street
  • TownSalem
  • StateMA
  • Zip01970
  • CountyEssex

Property

  • Acreage0.12
  • Lot Size5123
  • Square Feet4,345
  • Lease 1N
  • Lease 2N
  • Rnt Dscrp 2Heat, Hot Water
  • Lot DescriptionCorner, Paved Drive
  • Rent31150
  • Rent21150
  • Rnt Dscrp 3Heat, Water, Hot Water
  • Rent11000
  • Rnt Dscrp 4Heat, Water, Hot Water
  • Rnt Dscrp 1Heat, Hot Water
  • Total Rent6600
  • Assessments855700
  • Main LoAN4851
  • Road TypePublic, Paved, Publicly Maint., Sidewalk

Exterior

  • Colorbrick
  • ExteriorShingles, Brick
  • Exterior FeaturesDeck - Wood
  • Roof MaterialAsphalt/Fiberglass Shingles, Slate, Rubber

Utilities

  • Utility ConnectionsVaries per Unit
  • Electric FeatureCircuit Breakers
  • Elec6722
  • WaterCity/Town Water
  • Hot WaterNatural Gas
  • SewerCity/Town Sewer
  • Sewage DistrictSESD

Salem, MA Demographics

There is no data available

Salem, MA Real Estate Market Data

There is no data available

Salem, MA Schools

School NameDistanceTypeGrades

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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