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INVESTMENT SNAPSHOT
About this property
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. Each unit is separately metered for gas and electric, with tenants responsible for their own utilities. 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.
Property details
| Units | 6 |
| Living area | 5,212 sqft |
| Lot size | 8,390 sqft |
| Year built | 1735 |
| Price / sqft | $344 |
| County | Essex |
| MLS # | 73535854 |
Listing status
| Days on market | 36 days |
| Listed on | June 15, 2026 |
Taxes & financials
| Annual property tax | $23,000 |
| Tax year | 2025 |
| Assessed value | $1,906,600 |
| Zoning | B1 |
| Gross income (actual) | $155,600/yr |
| Net operating income (actual) | $111,661/yr |
| Total actual rent | $15,360/mo |
Building & lot
| Stories | 3 |
| Total rooms | 18 |
| Lot size | 0.19 acres |
| Garage spaces | 1 |
| Parking spaces | 7 |
| Parking | Off Street |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Carpet, Hardwood |
Utilities & systems
| Heating | Baseboard, Hot Water, Natural Gas |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Dishwasher, Microwave, Refrigerator |
Location
More about investing in Salem →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 395 Essex, Salem MA 01970 have?
It is a 6-unit multi-family property with 5,212 sqft of living area, built in 1735.
How long has 395 Essex, Salem MA 01970 been on the market?
395 Essex, Salem MA 01970 has been listed for 36 days (since June 15, 2026).
What is the price per unit?
At a list price of $1,795,000 across 6 units, that works out to roughly $299,167 per unit.
What are the property taxes on 395 Essex, Salem MA 01970?
Annual property taxes are $23,000 (2025), on an assessed value of $1,906,600.
What is the price per square foot?
At $1,795,000 for 5,212 sqft, that's about $344 per square foot.
Is there parking?
1 garage space and 7 total parking spaces (off street).
Where is this property located?
395 Essex, Salem MA 01970 is in Salem, Essex County, MA 01970.
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