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8-8.5 Herbert StreetSalem, MA 01970

For Sale

$1,970,000

Smart Buyer Rebate $9,850

We are pleased to present this multifamily offering which consists of 9 units, with on street parking. This deal includes a 2-unit and a 7-unit building, both connected by a well maintained outdoor entranceway. The property has been very well maintained but offers investors and end-users future value through cosmetic improvements and management efficiencies. The property features unique finishes due to the historic nature offering residents a unique product in the area. The property is ideally located in a quiet residential neighborhood that is a short walk to Salem Harbor and other local attractions such as the restaurants and boutiques that make up the area.

Listed by Kevin Benzinger

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Boston Realty Advisors

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860-424-7613

Listed by Christopher Hatem

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Boston Realty Advisors

Last updated September 01, 2025

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Source: MLSPin #73366028

Listing Facts

  • TypeMulti-family
  • NeighborhoodWaterfront District
  • Bedrooms9
  • Bathrooms9
  • Days on Prevu130
  • Taxes$99/year
  • Size7,452 sqft
  • Price per sqft$264

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

07/17/2025
Price Decreased
$1,970,000
05/28/2025
Price Decreased
$2,049,000
04/29/2025
Listed by Boston Realty Advisors
$2,125,000

Property Details for 8-8.5 Herbert Street

Exterior

Construction

  • Number Of Units Total: 9
  • Stories: 3
  • Stories Total: 3
  • Year Built: 1850
  • Year Built Details: Actual

Features

  • Waterfront Features: Harbor, Other (See Remarks), Beach Ownership(Other (See Remarks))

Measurements

  • Building Area Total: 7,452
  • Building Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.06
  • Lot Size Area: 0
  • Lot Size Square Feet: 2,657
  • Lot Size Units: Acres

Financial

Taxes

  • Tax Annual Amount: $99.00
  • Tax Assessed Value: $99.00
  • Tax Year: 99

Interior

Features

  • Appliances: Refrigerator
  • Interior Features: Living Room, Kitchen

Measurements

  • Living Area: 7,452
  • Living Area Source: Other

Rooms

  • Bathrooms Full: 9
  • Bathrooms Total Integer: 9
  • Bedrooms Total: 9
  • Rooms Total: 36

Utilities

Equipment

  • Sewer: Public Sewer
  • Water Source: Public

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.