8 Saunders St Salem MA 01970 MLS #73552285

8 Saunders St
Salem, MA, 01970
$1,299,000
9 Beds
4 Baths
4,166 SqFt
0.07 Acres
$1,299,000
8 Saunders St
Salem, MA, 01970
MLS #73552285 image #0
Open House Aug 02, 2026
11:30 – 12:30
Opportunity knocks at 8 Saunders Street in Salem! This well-maintained four-unit multifamily property offers an ideal investment opportunity in one of Salem’s most desirable locations. The building consists of three spacious 2-bedroom units and one 3-bedroom unit, providing a strong and versatile rental mix. If you’re looking to expand your investment portfolio this property offers tremendous potential. Conveniently located near downtown Salem’s shops, restaurants, commuter rail, and waterfront attractions, tenants will appreciate the accessibility and vibrant neighborhood amenities. Multifamily opportunities of this size and configuration are hard to come by in today’s market—don’t miss your chance to own a valuable asset in historic Salem.

Property Details

Price:
$1,299,000
MLS #:
73552285
Status:
Active
Beds:
9
Baths:
4
Type:
Multi Family
Subtype:
4 Family
Listed Date:
Jul 20, 2026
Finished Sq Ft:
4,166
Total Sq Ft:
4,166
Lot Size:
3,123 sqft / 0.07 acres (approx)
Year Built:
1800
Units:
4

Schools

Interior

Above Grade Finished Area
4166
Bathrooms
4 Full Bathrooms
Fireplaces Total
2
Levels
5

Exterior

Community Features
Public Transportation, Shopping, Park, Medical Facility, House of Worship, Marina, Public School, T-Station, University
Construction Materials
Frame
Open Parking Spaces
4
Open Parking YN
1
Parking Features
Paved Drive, Tandem, On Street
Parking Spots
4
Parking Total
4
Roof
Shingle
Stories
5
Waterfront Features
Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)

Financial

Net Operating Income
$111,600
Tax Year
2026
Taxes
$10,433
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Marie Andrews

Marie Andrews

Realtor®, 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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Map

Current real estate data for Multi Family in Salem as of Aug 01, 2026
22
Multi Family Listed
97
Avg DOM
322
Avg $ / SqFt
$1,357,164
Avg List Price

Community

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Property Summary

    8 Saunders St Salem MA is a Multi Family for sale in Salem, MA, 01970. It is listed for $1,299,000 To schedule a showing of MLS#73552285 at 8 Saunders St in Salem, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
8 Saunders St
Salem, MA