401 Essex St
$2,500,000
9
Beds
7
Baths
4,997
Sqft
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$2,500,000
9
Beds
7
Baths
4,997
Living Area
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Property Description
Unique opportunity to own the historic Captain Nathaniel Osgood House, an elegant brick six-family property (plus carriage house) 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.
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Highlights
- Cooling: Window Unit(s)
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1815
- Heating: Baseboard, Natural Gas, Hot Water, Oil
- Parking Spots: 6
- Property Type: 5-9 Family
- Total Rooms: 18
- Status: Active
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Additional Details
- Appliances: Range, Dishwasher, Microwave, Refrigerator
- Exterior Features: Balcony/Deck
- Flooring: Wood, Hardwood
- Interior Features: Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Remodeled, Living Room, Kitchen
- Roof: Shingle, Slate, Rubber
- Total Number of Units: 7
- Year Built Source: Public Records
- Construction: Frame, Brick
- Fireplaces: 6
- Foundation: Concrete Perimeter, Block, Granite
- Lot Features: Corner Lot
- SqFt Source: Other
- Year Built Details: Actual
- Zoning: B1
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Amenities
- Community Features: Public Transportation, Shopping, Medical Facility, Highway Access, Public School, T-Station
- Parking Features: Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,363,000
- Tax Year: 2025
- Total Rent: $19,785
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
- Taxes: $17,770
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Little & Co., REALTORS®.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.