Description
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.
Details
| MLS # | 73561757 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1850 |
| Days On Site | 56 |
| Listing Provided By | Horvath & Tremblay | Stephen Girolamo |
Features
| Bed(s) | 10 |
|---|---|
| Bath(s) | 9 Total |
| SQ Feet | 7,033 |
| Basement | Y |
| Story(s) | 5 |
| Units | 9 |
| Zoning | R2 |
| Acreage | 0.13 |
| Golf Course | Yes |
| Water Front | Yes |
Interior
| Rooms Total | 26 |
|---|---|
| Heating Yes / No | Yes |
| Heating | Oil |
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
Exterior
| Roof | Shingle |
|---|---|
| Foundation Details | Other |
| Lot Features | Corner Lot |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Off Street |
Utilities
| Sewer | Public Sewer |
|---|---|
| Electric | Common, Individually Metered |
Taxes
| Tax Annual Amount | 21830 |
|---|---|
| Tax Assessed Value | 2006000 |
| Tax Year | 2026 |
Location
| 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 |
|---|---|
| Senior Community Yes / No | No |
Area Information
| State | MA |
|---|---|
| County | Essex |
| City | Salem |
| Zip Code | 01970 |
| Area | Essex |
| Listing VS Median (in 01970) | |
Price: $2,200,000 low | high Med: $479,900 sqft: 7,033 low | high Med: 1,937 $ / sqft: $313 low | high Med: $248 On site: 56 low | high Med: 169 | |
Market Activity 01970
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Learn More About This Property
| State | MA |
|---|---|
| County | Essex |
| City | Salem |
| Zip Code | 01970 |
| Area | Essex |
| Listing VS Median (in 01970) | |
Price: $2,200,000 low | high Med: $479,900 sqft: 7,033 low | high Med: 1,937 $ / sqft: $313 low | high Med: $248 On site: 56 low | high Med: 169 | |
 | $1,875,000393 Essex StSalem, MA 01970 |