Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

1-7 Prince St & 48-54 Harbor St

Salem, MA ID #73490150

Property Description

Turnkey 8-unit investment opportunity in Salem. The Property consists of two four-family buildings deeded together, totaling eight (8) 2-bedroom units, along with 10 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 new roof on the Harbor Street building, and new insulation in both attics 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.

Additional Details

  • Status: NEW
  • Type: Multi-Family, 5-9 Family
  • Zip Code: 01970
  • Taxes: 16,240
  • Levels: 2
  • Acres: 0.22

Parking

  • Garage Capacity: 10
  • Parking: Off Street
  • Parking Spaces: 10

Rooms/Dimensions

  • Total Units: 8
  • Total Floors: 2
  • Total Rooms: 32

Location

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1-7 Prince St & 48-54 Harbor St, Salem, MA

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Content © 2026 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Francesca Little of Little & Co., REALTORS®. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.