RENTED OCT 1, 2025

48 Prince St Unit 3 Salem, MA 01970

The Point Neighborhood
3 Beds
1 Bath
1,255 Sq Ft
1915 Built

Highlights

  • Marina
  • Medical Services
  • Property is near public transit
  • Golf Course Community
  • Custom Closet System
  • 1-minute walk to Mary Jane Lee Park

About This Home

As of October 2025

Price reduction for immediate occupancy. 3beds/1bath 3rd floor unit ideally situated in the neighborhood between Pickering Wharf, Salem’s historic district, Saltonstall school, and Salem University. Ocean views of Palmer Cove a notable green space as well as Palmer Park, this neighborhood has much to offer. Many of its original details including built in china cabinet, original wood trim with upgrades of Granite counter tops, stainless steel appliances and stained hard wood floors throughout. There is extra storage in basement and an enclosed 3 season porch make this a versatile and true home. The building is situated on a nice corner lot within walking distance to SSU and downtown Salem. Pets’ negotiable. Coin opt laundry in basement. All applicants must have a credit and background check to be done by Listing Agent (fee applies). Please email or text questions or showing requests for quickest response.

Last Agent to Rent the Property

Jennifer Ward

North Shore Realty Listed on: 08/22/2025

Last Renter's Agent

Jennifer Ward

North Shore Realty Listed on: 08/22/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915 | Remodeled

Home Design

  • Apartment
  • Entry on the 3rd floor

Interior Spaces

  • 1,255 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Decorative Lighting
  • Wood Flooring

Kitchen

  • Range
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on third floor
  • Custom Closet System
  • Cedar Closet
  • Linen Closet
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Outdoor Features

  • Enclosed Patio or Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Saltonstall Elementary School
  • Collins Middle School
  • Salem High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Rent includes water, sewer, trash collection, extra storage, laundry facilities
  • 12 Month Lease Term
  • Assessor Parcel Number M:34 L:0142,2135558

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1915 | Remodeled

Lot Details

0

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Lease Term: Term of Rental(12)
  • Available Now: Yes
  • Deposit Required: No
  • FIRST MON REQD: Yes
  • INSURANCE REQD: No
  • LAST MON REQD: Yes
  • REFERENCES REQD: No

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Year Built: 1915
  • Entry Level: 3
  • Year Built Details: Approximate
  • Year Round: Yes
  • Special Features: None

Interior Features

  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Third
  • Room Bedroom2 Features: Closet - Linen, Cedar Closet(s), Flooring - Hardwood
  • Room Bedroom3 Features: Vaulted Ceiling(s), Closet - Linen, Flooring - Hardwood
  • Room Bedroom3 Level: Third
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Walk-In Closet(s), Flooring - Hardwood
  • Room Master Bedroom Level: Third
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Remodeled, Lighting - Sconce
  • Bathroom 1 Level: Third
  • Room Kitchen Level: Third
  • Room Kitchen Features: Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Countertops - Stone/Granite/Solid
  • Laundry Features: Third Floor, Dryer Hookups in Unit, Washer Hookups in Unit
  • Room Living Room Level: Third
  • Room Living Room Features: Flooring - Hardwood
  • Above Grade Finished Sq Ft: 1255
  • Accessibility Features: No
  • Living Area: 1255
  • Spa YN: No
  • MAIN LO: AN0805
  • MAIN SO: AN0805

Exterior Features

  • Exterior Features: Porch - Enclosed
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed
  • Waterfront Features: 1/10 to 3/10 To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Heating: Natural Gas
  • Cooling Y N: No
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Public School, T-Station, University
  • Rent Includes: Water, Sewer, Trash Collection, Extra Storage, Laundry Facilities
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:34 L:0142,2135558
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 0.05
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: No

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • High School: Salem Hs
  • Elementary School: Saltonstall
  • Middle Or Junior School: Collins Middle

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2025 10/01/25 Rented $2,950 +5.4% --
09/27/2025 09/27/25 Under Contract -- -- --
09/18/2025 09/18/25 Price Changed $2,800 -6.7% $2 / Sq Ft
08/23/2025 08/23/25 Price Changed $3,000 +7.1% $2 / Sq Ft
08/22/2025 08/22/25 For Rent $2,800 +9.8% --
06/03/2022 06/03/22 Rented $2,550 0.0% --
06/03/2022 06/03/22 Under Contract -- -- --
04/18/2022 04/18/22 For Rent $2,550 -- --
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2025

    Jennifer Ward

    North Shore Realty

    (978) 430-5876

    6 Total Sales

    Jennifer Ward
    Section Image

  • M

    Seller's Agent in 2022

    Maura Allard

    Leading Edge Real Estate

    Section Image

  • C

    Seller Co-Listing Agent in 2022

    Connor Hayes

    Lyv Realty

    (781) 572-5966

    Connor Hayes
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73421467

MLS Property Information Network (MLS PIN)
Massachusetts Essex County Salem 01970 The Point

48 Prince St Unit 3, Salem, MA

Not Listed for Sale

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