Date
Details
Price
Change
Source
3/23/2026
Listed
$2,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/27
$2,650,000 Just Listed
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1/27
Property Description
Turnkey 8-unit investment opportunity in Salem. The Property consists of two four-family buildings deeded together, totaling eight (8) 2-bedroom units, along with 10 off-street parking spaces. Heat and hot water are included in rent. The property has been extensively updated, featuring renovated kitchens and baths with granite countertops and stainless steel appliances, updated electrical, a new roof on the Harbor Street building, and new insulation in both attics and walls. Additional highlights include basement storage and a clean, well-maintained condition, making this an ideal opportunity for investors seeking a low-maintenance, stabilized asset with upside through future rent optimization. See attached for the OM with detailed financials.
Full Property Details
Full Property Details for 1-7 Prince St & 48-54 Harbor St
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General
- Price: $2,650,000
- Taxes: $16,240 (2025)
- Status: Active
- Type: Multi-Family
- MLS ID: 73490150
- Updated: 3/23/2026
- Added to Site: 2 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Bedrooms
- Total Bedrooms: 16
Parking
- Parking Features: Off Street
Location
- County: Essex
Structural Information
- Basement: Yes
- Stories/Levels: 2
- Square Feet: 6,656
- Year Built: 1960
Lot Features
- Lot Size (Acres): 0.22
Financial Considerations
- Tax Amount: $16,240
- Tax Year: 2025
Disclosures and Reports
- Disclosures/Rstr.: Buyers to do their own due diligence to verify income and expenses.
Listed by Little & Co., REALTORS®, Francesca Little
We Value Your Privacy
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Listing agent
— 1-7 Prince St & 48-54 Harbor St —
Francesca Little
Little & Co., REALTORS®
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1-7 Prince St & 48-54 Harbor St
School District:Salem School District, Salem, MA
| Name | Grades | Distance |
|---|---|---|
Saltonstall School 211 Lafayette Street, Salem, MA 01970 | K-8 | 0.3 mi |
Carlton Elementary School 10 Skerry Street, Salem, MA 01970 | K-5 | 1 mi |
Horace Mann Laboratory 79 Willson Street, Salem, MA 01970 | K-5 | 1.2 mi |
Collins Middle School 29 Highland Avenue, Salem, MA 01970 | 6-8 | 0.8 mi |
Salem Prep High School 2 Museum Place Mall, Salem, MA 01970 | 9-12 | 0.4 mi |
Salem High School, Salem, MA 77 Willson Street, Salem, MA 01970 | 9-12 | 1.3 mi |
Bates Elementary School, Salem, MA 53 Liberty Hill Avenue, Salem, MA 01970 | K-5 | 1.4 mi |
Witchcraft Heights Elementary School 1 Frederick Street, Salem, MA 01970 | K-5 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1-7 Prince St & 48-54 Harbor St
Estimate the Cost
Estimate the Cost for 1-7 Prince St & 48-54 Harbor St
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1-7 Prince St & 48-54 Harbor St, Salem, MA 01970 (MLS# 73490150) is a Multi-Family property with 8 units containing 16 bedrooms and 8 full bathrooms. 1-7 Prince St & 48-54 Harbor St is currently listed for $2,650,000 and was received on March 23, 2026. Want to learn more about 1-7 Prince St & 48-54 Harbor St? Do you have questions about finding other Multi-Family real estate for sale in North Lawrence? You can browse all North Lawrence real estate or contact a Coldwell Banker agent to request more information.