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8 Saunders StSalem, MA 01970

For Sale

$1,299,000

Smart Buyer Rebate $6,495

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.

Listed by Nicholas Zolotas

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Herrick Lutts Realty Partners

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978-968-0308

Listed by Herrick Lutts Realty Partners

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Herrick Lutts Realty Partners

Last updated July 24, 2026

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Source: MLSPin #73552285

Listing Facts

  • TypeMulti-family
  • NeighborhoodSalem Neck
  • Bedrooms9
  • Bathrooms4
  • Days on Prevu11
  • Taxes$10,433/year
  • Size4,166 sqft
  • Price per sqft$312

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

07/20/2026
Listed by Herrick Lutts Realty Partners
$1,299,000

Property Details for 8 Saunders St

Association

Amenities

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, House Of Worship, Marina, Public School, T-Station, University

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Shingle
  • Stories: 5
  • Stories Total: 5
  • Year Built: 1800
  • Year Built Details: Approximate
  • Construction Materials: Frame

Features

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

Measurements

  • Building Area Total: 4,166
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Area: 0
  • Lot Size Square Feet: 3,123
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $111,600.00

Taxes

  • Parcel Number: M:0036 B:0082 L:0000,2137209
  • Tax Annual Amount: $10,433.00
  • Tax Assessed Value: $967,800.00
  • Tax Year: 2026

Interior

Features

  • Fireplace: Yes
  • Fireplaces Total: 2

Measurements

  • Living Area: 4,166
  • Living Area Source: Appraiser

Rooms

  • Basement: Unfinished
  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 9
  • Rooms Total: 17

Parking

Parking

  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Paved Drive, Tandem, On Street
  • Parking Total: 4

Utilities

Equipment

  • Electric: 200+ Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

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

There are 9 bedrooms and 4 bathrooms in this multi-family home at 8 Saunders St.

Does this multi-family home have parking?

Yes, there are 4 parking spaces available for 8 Saunders St.

What are the annual taxes for 8 Saunders St?

Annual taxes for this multi-family home are estimated at $10,433.

How does 8 Saunders St compare to other multi-family homes in Salem Neck?

This multi-family home is listed 32% above the average price for multi-family homes in Salem Neck and has been on the market for 21 less days than the typical home in this area.

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

According to the MLS, this listing is 4,166 sqft.

8 Saunders St is a 9-bedroom, 4-bath multi-family home for sale in Salem MA 01970. Available on Prevu for 11 days at $1,299,000. This property features 4,166 square feet of living space, located in Salem Neck. The median listing price for multi-family homes in this area is $624,000. Property amenities include parking. Explore 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.