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
·
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
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