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

393 Essex St

Salem, MA ID #73580463

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393 Essex St

- Salem, MA ID #73580463

Property Description

In Salem’s coveted McIntire Historic District, this grand mid-18th-century residence offers a rare marriage of historic character and turnkey investment potential. Sensitively converted into five residences and renovated to the studs in 2022, the property retains remarkable period details, including a graceful three-story Federal staircase, wainscoting and glorious paneled walls. Generating approximately $160K annually, it is equally compelling as a pure investment or for an owner who wants to live beautifully while four additional units offset carrying costs. The sprawling first-floor residence feels more like a private home, with two ensuite bedrooms, gracious living and dining rooms, original interior shutters, and a serious cook’s kitchen with an 8-burner commercial range and abundant wood and quartz counters. The dining room opens private yard with an intricate bluestone patio, generous lawn and private parking. Four additional one-bedroom apartments above offer strong rental appeal. Each unit has separately metered gas and electric, its own HVAC and hot water, while the building is fully sprinklered and fire monitored. All this less than 30 seconds from fabled Chestnut Street and moments from downtown Salem’s restaurants, shops and commuter rail.

Additional Details

  • Status: NEW
  • Type: Multi-Family, Multi Family
  • Zip Code: 01970
  • Taxes: 17,669
  • Levels: 5
  • Acres: 0.21

Parking

  • Garage Capacity: 8
  • Parking: Off Street
  • Parking Spaces: 8

Rooms/Dimensions

  • Total Units: 5
  • Total Floors: 5
  • Total Rooms: 17
  • Has Basement: Yes

Location

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393 Essex 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 Michael Selbst of Gibson Sotheby's International Realty. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.