$2,500,000
401 Essex
Salem, MA, 01970
Unique opportunity to own the historic Captain Nathaniel Osgood House, an elegant brick six-family property (plus carriage house) built in 1815 and prominently situated within Salem’s highly sought-after McIntire District. Rich in period charm and architectural character, the property consists of three (3) one-bedroom units, one (1) two-bedroom unit, and two (2) spacious one-plus-bedroom units. Each units showcases beautiful antique fireplaces, hardwood flooring, and an abundance of original historic detail.The building has been thoughtfully renovated throughout with granite countertops, stainless steel appliances, new bathrooms, efficient Navien heating systems, and updated electrical service. The property offers off-street parking for up to six vehicles. Adding to its appeal is a detached two-story carriage house located at the rear of the property, providing additional income. All tenants pay heat, HW and electric. Please see attached PDF for a rent roll and expenses.
Property Details
Price:
$2,500,000
MLS #:
73535855
Status:
Active
Beds:
9
Baths:
7
Type:
Multi Family
Subtype:
5-9 Family
Listed Date:
Jun 15, 2026
Finished Sq Ft:
4,997
Total Sq Ft:
4,997
Lot Size:
5,123 sqft / 0.12 acres (approx)
Year Built:
1815
Units:
7
Schools
Interior
Above Grade Finished Area
4997
Appliances
Range, Dishwasher, Microwave, Refrigerator
Bathrooms
7 Full Bathrooms
Cooling
Window Unit(s)
Fireplaces Total
6
Flooring
Wood, Hardwood
Heating
Baseboard, Natural Gas, Hot Water, Oil
Interior Features
Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Remodeled, Living Room, Kitchen
Levels
3
Exterior
Community Features
Public Transportation, Shopping, Medical Facility, Highway Access, Public School, T-Station
Construction Materials
Frame, Brick
Exterior Features
Balcony/Deck
Lot Features
Corner Lot
Open Parking Spaces
6
Parking Features
Off Street
Parking Spots
6
Parking Total
6
Roof
Shingle, Slate, Rubber
Stories
3
Financial
Tax Year
2025
Taxes
$17,770
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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Map
Current real estate data for Multi Family in Salem as of Jun 15, 2026
23
Multi Family Listed
99
Avg DOM
335
Avg $ / SqFt
$1,371,513
Avg List Price
Community
- Address401 Essex Salem MA
- CitySalem
- CountyEssex
- Zip Code01970
Subdivisions in Salem
Similar Listings Nearby
Property Summary
- 401 Essex Salem MA is a Multi Family for sale in Salem, MA, 01970. It is listed for $2,500,000 To schedule a showing of MLS#73535855 at 401 Essex in Salem, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Little & Co., REALTORS®. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
401 Essex
Salem, MA