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Active Under Contract

364-366 Essex Street

Salem, MA 01970

$2,200,000
10Bedrooms
9Bathrooms
7,033Square feet
1850Year built

Residential Income · Active Under Contract · MLS #73561757
Listing Courtesy of Horvath & Tremblay | Stephen Girolamo

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MLS PIN data

About this home

364-366 Essex Street contains one (1) 2-Bedroom/1-Bathroom unit, five (5) 1-Bedroom/1-Bathroom units, one (1) 2-Room Studio unit, and two (2) Studio units with 7,033 square feet of gross living area in 9,044 square feet of gross area. The Property is situated upon a 0.13-acre parcel and features four (4) off-street parking spaces. Located in the heart of downtown Salem, 364-366 Essex Street benefits from one of the North Shore's most desirable apartment markets, supported by a diverse employment base, exceptional walkability, and year-round visitor activity. The Landlord is responsible for providing oil powered heat & electric powered hot water to both buildings. The Landlord provides common area electricity to both buildings, as well as unit electric to 364 Essex, while Tenants at 366 Essex pay their own unit electric. The Landlord is responsible for providing city water & sewer to all units. The opportunity exists to acquire a well-maintained asset in a desirable North Shore location.

Property information

Details at a glance

Interior

Rooms
26
Heating
Oil

Building

Style
5-9 Family
Year built
1850
Parking
4
Foundation
Other
Roof
Shingle

Land & utilities

Lot size
0.13 acres
Water
Public
Sewer
Public Sewer
Zoning
R2

Financial

Annual taxes
$21,830
Assessment year
2026

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$2,132,599

Estimated range $1,963,053$2,302,144

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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 presentationbelow average

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

Local market context

How this home compares in Salem

MetricThis propertySalem
List price$2,200,000$1,224,95080% above local
Price / sq ft$313$3398% below local
Days on market233738% below local
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Active city listing statistics from MLS PIN as of September 6, 2026. Asking prices are not completed-sale values.

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Common questions

About 364-366 Essex Street

Can I schedule a private showing?

Yes. Request a tour of 364-366 Essex Street 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.