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INVESTMENT SNAPSHOT
About this property
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
| Units | 4 |
| Living area | 4,166 sqft |
| Lot size | 3,123 sqft |
| Year built | 1800 |
| Price / sqft | $300 |
| County | Essex |
| MLS # | 73552285 |
Listing status
| Days on market | 14 days |
| Listed on | July 20, 2026 |
Taxes & financials
| Annual property tax | $10,433 |
| Tax year | 2026 |
| Assessed value | $967,800 |
| Zoning | R2 |
| Gross income (actual) | $111,600/yr |
| Net operating income (actual) | $111,600/yr |
| Total actual rent | $9,500/mo |
Building & lot
| Stories | 5 |
| Total rooms | 17 |
| Lot size | 0.07 acres |
| Garage spaces | 0 |
| Parking spaces | 4 |
| Parking | Paved Drive, Tandem, On Street |
| Basement | Unfinished |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
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 8 Saunders St, Salem MA 01970 have?
It is a 4-unit multi-family property with 4,166 sqft of living area, built in 1800.
How long has 8 Saunders St, Salem MA 01970 been on the market?
8 Saunders St, Salem MA 01970 has been listed for 14 days (since July 20, 2026).
What is the price per unit?
At a list price of $1,249,900 across 4 units, that works out to roughly $312,475 per unit.
What are the property taxes on 8 Saunders St, Salem MA 01970?
Annual property taxes are $10,433 (2026), on an assessed value of $967,800.
What is the price per square foot?
At $1,249,900 for 4,166 sqft, that's about $300 per square foot.
Is there parking?
4 total parking spaces (paved drive, tandem, on street).
Where is this property located?
8 Saunders St, Salem MA 01970 is in Salem, Essex County, MA 01970.
