364-366 Essex Street Salem MA 01970 | MLS #73561757

364-366 Essex Street
Salem, MA, 01970
$2,200,000
10 Beds
9 Baths
7,033 SqFt
0.13 Acres
$2,200,000
364-366 Essex Street
Salem, MA, 01970
MLS #73561757 image #0
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 Details

Price:
$2,200,000
MLS #:
73561757
Status:
Active
Beds:
10
Baths:
9
Type:
Multi Family
Subtype:
5-9 Family
Listed Date:
Aug 11, 2026
Finished Sq Ft:
7,033
Total Sq Ft:
7,033
Lot Size:
5,662 sqft / 0.13 acres (approx)
Year Built:
1850
Units:
9
PoolTennis

Schools

Interior

Above Grade Finished Area
7033
Bathrooms
9 Full Bathrooms
Heating
Oil
Levels
5

Exterior

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Other
Lot Features
Corner Lot
Open Parking Spaces
4
Parking Features
Off Street
Parking Spots
4
Parking Total
4
Roof
Shingle
Stories
5
Waterfront Features
Harbor, 1/2 to 1 Mile To Beach, Beach Ownership(Other (See Remarks))

Financial

Net Operating Income
$124,573
Tax Year
2026
Taxes
$21,830
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Marie Andrews

Marie Andrews

RealtorĀ®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Current real estate data for Multi Family in Salem as of Aug 24, 2026
21
Multi Family Listed
114
Avg DOM
319
Avg $ / SqFt
$1,365,495
Avg List Price

Community

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Property Summary

    364-366 Essex Street Salem MA is a Multi Family for sale in Salem, MA, 01970. It is listed for $2,200,000 To schedule a showing of MLS#73561757 at 364-366 Essex Street in Salem, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
364-366 Essex Street
Salem, MA