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INVESTMENT SNAPSHOT
About this property
The perfect blend of historic Salem meeting modern living at a cost that make too much sense not to look into acquiring this lovely home. With easy access to the Salem Commons, Downtown, Collins Cove and the Willows and everything else Salem has to offer.This property features a 1st floor unit with a modern kitchen and bath. /it has two bedrooms and a living room that has a working fireplace. The 2nd unit has three bedrooms , a large living and dining area and an eat in kitchen. It has an inviting fenced in yard great for entertaining and cookouts. It has 4 parking spots. Come Unit 1 will be delivered vacant. Unit 2 has a lease until 6/30/27 check out this gem.Use 44 Essex st for your GPS. Home is located in rear take the driveway to the back parking lot.
Property details
| Units | 2 |
| Living area | 1,920 sqft |
| Lot size | 0 sqft |
| Year built | 1850 |
| Price / sqft | $430 |
| County | Essex |
| MLS # | 73544671 |
Listing status
| Days on market | 4 days |
| Listed on | July 5, 2026 |
Taxes & financials
| Annual property tax | $8,227 |
| Tax year | 2026 |
| Assessed value | $738,000 |
| Zoning | R2 |
| Gross income (actual) | $36,000/yr |
| Net operating income (actual) | $36,000/yr |
| Total actual rent | $3,000/mo |
Building & lot
| Stories | 3 |
| Total rooms | 19 |
| Lot size | 0 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Parking | Paved Drive, Off Street |
| Basement | Full |
| Foundation | Stone |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
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 46 1/2 Essex St, Salem MA 01970 have?
It is a 2-unit multi-family property with 1,920 sqft of living area, built in 1850.
How long has 46 1/2 Essex St, Salem MA 01970 been on the market?
46 1/2 Essex St, Salem MA 01970 has been listed for 4 days (since July 5, 2026).
What is the price per unit?
At a list price of $825,000 across 2 units, that works out to roughly $412,500 per unit.
What are the property taxes on 46 1/2 Essex St, Salem MA 01970?
Annual property taxes are $8,227 (2026), on an assessed value of $738,000.
What is the price per square foot?
At $825,000 for 1,920 sqft, that's about $430 per square foot.
Where is this property located?
46 1/2 Essex St, Salem MA 01970 is in Salem, Essex County, MA 01970.
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