1-7 Prince Salem — Photo 1 of 22
$1,275,000
1-7 Prince, Salem, MA 01970
Salem, MA 01970
Beds
8
Baths
4
SqFt
3,400
Style
4 Family
Built
1960
Turnkey 4-unit investment opportunity in Salem perfect for investor or owner occupant. The Property consists four (4) 2-bedroom units, along with 5 off-street parking spaces. Heat and hot water are included in rent. The property has been extensively updated, featuring renovated kitchens and baths with granite countertops and stainless steel appliances, updated electrical, a newer roof, and new insulation in attic and walls. Additional highlights include basement storage and a clean, well-maintained condition, making this an ideal opportunity for investors seeking a low-maintenance, stabilized asset with upside through future rent optimization. See attached for the OM with detailed financials.
Key facts
It was listed on August 31, 2026. The annual property taxes are $8,120 (2025 tax year). It sits on a 0.11-acre (4,870 sq ft) lot.
No longer available to tour
Market Value Analysis
* Analysis is based on 21 actively listed and recently sold comparable properties strictly within Salem, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Park • Highway Access • House of Worship • T-Station
Geography
Questions about this home
When was 1-7 Prince, Salem listed?
1-7 Prince, Salem was listed on August 31, 2026.
Has the price of 1-7 Prince, Salem changed?
The price hasn't changed since it was listed at $1,275,000.
What are the property taxes for 1-7 Prince, Salem?
The annual property taxes for 1-7 Prince, Salem are $8,120 (2025 tax year).
How big is the lot at 1-7 Prince, Salem?
1-7 Prince, Salem sits on a 0.11-acre (4,870 sq ft) lot.
What is the status of 1-7 Prince, Salem?
1-7 Prince, Salem is under contract, and the MLS still lists it as active.
Population
44,738
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$85K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
50.4%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Essex County
1,060 housing units permitted in the last 12 months (-11% vs the prior 12 months) — 603 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: Francesca Little
Listing Office: Little & Co., REALTORS®
MLS® Number: 73570004
No longer available to tour
