8 Saunders St Salem, MA 01970
Bridge Street NeighborhoodEstimated payment $7,732/month
Highlights
- Marina
- Property is near a beach
- 2 Fireplaces
- Medical Services
- Property is near public transit and schools
- 4-minute walk to Gonyea Park
About This Home
Opportunity knocks at 8 Saunders Street in Salem! This well-maintained four-unit multifamily property offers an ideal investment opportunity in one of Salem's most desirable locations. The building consists of three spacious 2-bedroom units and one 3-bedroom unit, providing a strong and versatile rental mix. If you're looking to expand your investment portfolio this property offers tremendous potential. Conveniently located near downtown Salem's shops, restaurants, commuter rail, and waterfront attractions, tenants will appreciate the accessibility and vibrant neighborhood amenities. Multifamily opportunities of this size and configuration are hard to come by in today's market—don't miss your chance to own a valuable asset in historic Salem.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,433
Year Built
- Built in 1800
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 4,166 Sq Ft Home
- 2 Fireplaces
- Unfinished Basement
Bedrooms and Bathrooms
- 9 Bedrooms
- 4 Full Bathrooms
Parking
- 4 Car Parking Spaces
- Tandem Parking
- Driveway
- On-Street Parking
- 4 Open Parking Spaces
Additional Features
- Property is near a beach
- 3,123 Sq Ft Lot
- Property is near public transit and schools
- 200+ Amp Service
Listing and Financial Details
- Assessor Parcel Number M:0036 B:0082 L:0000,2137209
Community Details
Overview
- 4 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
Recreation
- Marina
- Park
Building Details
- Net Operating Income $111,600
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/03/2026 08/03/26 | Price Changed | $1,249,900 | -3.8% | $300 / Sq Ft |
| 07/20/2026 07/20/26 | For Sale | $1,299,000 | -- | $312 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73552285
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Ask me questions while you tour the home.