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7 Forrester StSalem, MA 01970

For Sale

$1,275,000

Smart Buyer Rebate $6,375

Discover the perfect blend of historic Salem charm and modern convenience in this beautifully maintained 3-family home just steps from Salem Common. Each spacious unit offers 2 bedrooms, high 9-foot ceilings, and an abundance of natural light that highlights the home’s character—including oak and pine flooring, detailed mouldings, and two bay windows in both Units 1 and 2. The first and second floors also feature fireplaces (condition unknown), adding architectural appeal and potential for restoration. All three units have updated kitchens and baths, offering a move-in-ready experience for occupants or a low-maintenance opportunity for investors. Outside, enjoy a nice yard perfect for gardening, relaxation, or tenant use, along with off-street parking for two cars in the private driveway—an invaluable benefit in this desirable Salem neighborhood. Located close to the commuter rail & downtown. First showings at OPEN HOUSES - SAT& SUN, 11-12:30.

Listed by Jim Armstrong

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Aluxety

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978-394-6736

Listed by Armstrong Field Team

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Aluxety

Last updated December 12, 2025

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Source: MLSPin #73461588

Listing Facts

  • TypeMulti-family
  • NeighborhoodSalem Neck
  • Bedrooms6
  • Bathrooms3
  • Days on Prevu1
  • Taxes$13,740/year
  • Size3,748 sqft
  • Price per sqft$340

Amenities

  • Dishwasher
  • Parking

Location

Mortgage Calculator

Listing History

12/11/2025
Listed by Aluxety
$1,275,000

Property Details for 7 Forrester St

Association

Amenities

  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Bike Path, T-Station

Exterior

Construction

  • Number Of Units Total: 3
  • Roof: Shingle
  • Stories: 3
  • Stories Total: 3
  • Year Built: 1886
  • Year Built Details: Approximate
  • Construction Materials: Frame

Features

  • Road Frontage Type: Public
  • Waterfront Features: 1 To 2 Mile To Beach, Beach Ownership(Public)

Measurements

  • Building Area Total: 3,748
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Area: 0
  • Lot Size Square Feet: 4,922
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $84,000.00
  • Operating Expense: $5,100.00

Taxes

  • Parcel Number: M:35 L:0479,2136951
  • Tax Annual Amount: $13,740.00
  • Tax Assessed Value: $1,211,600.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Range, Refrigerator, Dishwasher
  • Fireplace: Yes
  • Fireplaces Total: 2
  • Flooring: Wood, Hardwood, Pine
  • Interior Features: Laundry Room, Living Room, Dining Room, Kitchen

Measurements

  • Living Area: 3,748
  • Living Area Source: Public Record

Rooms

  • Basement: Full, Sump Pump, Concrete
  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 6
  • Rooms Total: 16

Parking

Parking

  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Parking Total: 2

Utilities

Equipment

  • Electric: Circuit Breakers, Individually Metered
  • Heating: Electric, Natural Gas, Baseboard
  • Has Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: For Gas Range, For Electric Dryer, Washer Hookup
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 6 bedrooms and 3 bathrooms in this multi-family home at 7 Forrester St.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 7 Forrester St.

What are the annual taxes for 7 Forrester St?

Annual taxes for this multi-family home are estimated at $13,740.

What is the square footage on this multi-family home?

According to the MLS, this listing is 3,748 sqft.

7 Forrester St is a 6-bedroom, 3-bath multi-family home for sale in Salem MA 01970. Listed on Prevu for 1 days at $1,275,000. This property features 3,748 square feet of living space, located in Salem Neck. The median listing price for multi-family homes in this area is $504,900. Additional amenities include dishwasher and parking. Browse more multi-family home listings in Salem.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.