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Bean Group
Offered at $725,000Active
beds
6
baths
3
sq ft
2,909
Built
1870

4 Upham St

Salem, MA 01970

About this home

A true diamond in the rough and an incredible income-producing opportunity in desirable North Salem, just minutes from major highways and the beautiful North River. This oversized 2-family home offers historic 1800s charm blended with modern essentials — including vinyl siding, replacement windows, separate utilities, paved lot, plenty of parking and an impressive 6–8 bedrooms with 2.5 baths spanning three full floors. The original winding staircase, fireplaces, and period details set the stage for your vision, creativity, and TLC to bring this property back to life. The income potential is exceptional. Live in one unit and Airbnb the second or explore additional value-add options such as a 203K renovation loan or condo conversion. The possibilities are truly endless. Homes like this don’t come along often — come see today and unlock the potential of this North Salem money maker!

Listing last checked: Listing updated:

Listed by Jennifer L. Ward · North Shore Realty · MLS #73589214

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Details at a glance

Interior5 property facts
Rooms
12
Heating
Baseboard, Natural Gas
Flooring
Plywood, Hardwood, Wood
Basement
Yes · Full, Unfinished
Fireplaces
2
Building5 property facts
Style
Multi Family
Year built
1870
Parking
8
Foundation
Stone
Roof
Shingle
Land & utilities5 property facts
Lot size
0.07 acres
Water
Public, Individual Meter
Sewer
Public Sewer
Pool
Not reported
Zoning
R2
Financial2 property facts
Annual taxes
$7,627
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $725,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$4,302 / monthAdjust
Principal & interest
$3,666
Property tax
$636
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $7,627. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

More property insights

Automated value estimate $750,494

Estimated range $643,981–$857,006.

Automated estimates are not appraisals or guarantees of market value.

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Photo-based condition insights

Overall presentation: below average

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About 4 Upham St

Can I request a private showing?

Request a tour of 4 Upham St 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.