Unique opportunity to own the historic Captain Nathaniel Osgood House, an elegant brick seven-family property built in 1815 and prominently situated within Salem’s highly sought-after McIntire District. Rich in period charm and architectural character, the property consists of three (3) one-bedroom units, one (1) two-bedroom unit, and two (2) spacious one-plus-bedroom units. Each units showcases beautiful antique fireplaces, hardwood flooring, and an abundance of original historic detail.The building has been thoughtfully renovated throughout with granite countertops, stainless steel appliances, new bathrooms, efficient Navien heating systems, and updated electrical service. The property offers off-street parking for up to six vehicles. Adding to its appeal is a detached two-story carriage house located at the rear of the property, providing additional income. All tenants pay heat, HW and electric. Please see attached PDF for a rent roll and expenses.
- Heating System:
- Oil, Baseboard, Natural Gas, Hot Water
- Cooling System:
- Window Unit(s)
- Parking:
- Off Street
- Appliances:
- Range, Dishwasher, Microwave, Refrigerator
- Construction:
- Brick, Frame
- Exterior Unit Features:
- Balcony/deck
- Flooring:
- Wood, Hardwood
- Sewer:
- Public Sewer
- Water:
- Public
- Garage Parking
- Interior Features:
- Kitchen, Stone/granite/solid Counters, Upgraded Cabinets, Bathroom With Shower Stall, Living Room, Upgraded Countertops, Remodeled
- Lead Paint:
- Unknown
- Rent Fee Includes:
- Unit 1(water), Unit 2(water), Unit 3(water)
- Parking Spaces:
- 6
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $500
- Zoning:
- B1
- No Units:
- 7
- Orig Price:
- $2,500,000
- Fireplaces:
- 6
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- New
- City:
- Salem
- State:
- MA
- County:
- Essex
- Postal Code:
- 01970
- Longitude:
- W71° 5' 43''
- Latitude:
- N42° 31' 5.6''
Residential Income
401 Essex, Salem, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $2,500,000
- Bedrooms :
- 9
- Rooms :
- 18
- Total Bathrooms :
- 7
- Full Bathrooms :
- 7
- Square Footage :
- 4,997 Sqft
- Year Built :
- 1815
- Lot Area :
- 0.12 Acre
- Listing ID :
- 73535855
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
