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1-7 Prince

Salem, MA 01970

$1,275,000
8Bedrooms
4Bathrooms
3,400Square feet
1960Year built

Residential Income · Active · MLS #73570004
Listing Courtesy of Little & Co., REALTORS® | Francesca Little

MLS PIN data

About this home

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.

Property information

Details at a glance

Interior

Rooms
16
Heating
Oil
Flooring
Wood

Building

Style
4 Family
Year built
1960
Parking
5
Foundation
Concrete Perimeter
Roof
Shingle

Land & utilities

Lot size
0.11 acres
Water
Public
Sewer
Public Sewer
Zoning
R3

Financial

Annual taxes
$8,120
Assessment year
2025

Listing history

Price and status timeline

No additional public listing history was supplied for this property.

Property value estimate

An informed starting point

Estimated value$1,258,962

Estimated range $1,176,415$1,341,508

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Automated estimates are not appraisals or guarantees of market value.

Comparable sales

Recent properties for context

Recent comparable sales are not available for this property.

Photo insights

Condition signals

Overall presentationaverage

Generated from listing photography; not a substitute for an inspection.

Local market context

How this home compares in Salem

MetricThis propertySalem
List price$1,275,000$1,224,9504% above local
Price / sq ft$375$33911% above local
Days on market43789% below local
Explore homes in Salem

Active city listing statistics from MLS PIN as of September 7, 2026. Asking prices are not completed-sale values.

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Bean Group guidance

Useful next steps

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Common questions

About 1-7 Prince

Can I schedule a private showing?

Yes. Request a tour of 1-7 Prince and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.